News

Developer will provide almost 50MW to the financial institution from its Anglesey solar farm

Renewables developer is acquiring Project Sobral in the state of Ceará from ZEG Energias Renováveis

Emerging startup in solar tech Loom Solar has raised $2 Million funding from US-based Social Investment Managers as well as Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others.

Both firms will certainly develop onshore wind and solar projects, and likewise incorporated offshore wind as well as green hydrogen projects. Masdar stated that its currently developing the 230-MW Garadagh Solar PV Plant in Azerbaijan.

Kerala's Minister for Industries, P. Rajeeve, has actually additionally launched KAL-made E-carts which have been powered by Arenq batteries. The firm has currently handed over the order for 100 E-carts recently. This is the first-ever partnership by ARENQ directed towards supplying optimum batteries and also bolstering the distribution of KAL's E-vehicles.

According to the terms of the agreement, the assessment of 100% of the assets in the portfolio amounts to roughly EUR 1.2 billion. Iberdrola will certainly have a majority stake of 51% in the assets and Norwegian fund will have the rest 49%.

The said investment is anticipated to enhance the power generation base the southern African country by majority. First, 500MW of solar energy will certainly be established in the scheme of things.

Construction of the Penpergwm PV project near Abergavenny is anticipated to begin in 2024

German solar programmer Goldbeck Solar has been awarded a contract to develop two solar photovoltaic (PV) parks in Austria with a combined capacity of 42 MWp.

Power Capital Renewable Energy (PCRE) has actually clinched a deal that will provide it with as much as EUR 240 million (USD 259.9 m) in equity to bankroll the construction of a 1.2-GW solar project portfolio with targeted commissioning by 2025.

Spanish utility group Iberdrola SA (BME: IBE) said on Tuesday that it has actually signed an agreement to offer a 49% stake in its 1,265-MW wind as well as solar portfolio in Spain to Norges Bank Investment Management (NBIM), the supervisor of Norway's sovereign wealth fund.

US automobile group Ford Electric motor Co (NYSE: F) plans to increase the solar park powering its manufacturing centers in Valencia, Spain, to 5 MW as part of its efforts to become carbon neutral across its European procedures by 2035.

Industrial as well as digital equipment manufacturer Japan Benex Corporation revealed today it has put into procedure a 746.8-kW direct current (DC) roof solar array in Chiba prefecture on Japan's eastern Pacific coast.

NPV ESG financial investment vehicle is targeting opportunities in OECD markets totaling up to 3.5 GW of capacity

Building can start on the 50MW project in 2024