News

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

The 50MW project will provide power for around 350,000 people

Total Eren will develop the farm for Ecopetrol, the biggest company of Columbia. Total Eren will certainly utilize 180,000 monocrystalline bifacial panels, which is enough to provide a Colombian City of 150,000 individuals throughout a whole day.

The financial facility has been gathered a consortium of lenders managed by Eiffel Investment Group consisting of Ethias and also the European Investment Bank. It will certainly support the strategies of Power Capital to bring 1.2 GW of solar projects to operation by 2025.

KPI Green claimed in a disclosure prior to stock exchanges that it has actually authorized long-term PPAs with 3 companies. It will certainly make this sale in the interdependent power manufacturer (IPP) segment.

Europe's solar residential market, when it comes to cumulative capacity was pegged at 40.40 GW in 2021. This figure is most likely to cross 71 GW by year 2027.