News

EU Seeks to Increase Solar Energy to Cut Russian Gas, Draft Shows
Commission's method sees greater than 500GW of solar by 2030 Roadmap belongs to strategy to wean bloc off Russian energy
May 10, 2022 // Markets & Finance News, Europe, Asia, Russia, EU, russian gas, Michael Bloss
UAE Invites Companies to Bid for 40% Stake in 1.5 GW Solar Plant
Project part of Abu Dhabi's attempt to get to net zero by 2050 Oil-rich Persian Gulf state aims for 20 GW of solar by 2020
May 10, 2022 // Markets & Finance News, Asia, UAE, PV Power Plant
EWEC seeks programmer for 1.5-GW solar project in Abu Dhabi
UAE utility Emirates Water and Electricity Company (EWEC) is looking for events curious about the development and partial ownership of a 1.5-GW solar project in Abu Dhabi.
May 10, 2022 // Plants, Large-Scale, Commercial, Abu Dhabi, Solar Project, EWEC
AMEA Power gets financing for 26.6-MW solar project in Burkina Faso
Dubai-based clean power manufacturer AMEA Power revealed today it has actually attained financial close for a 26.6-MW solar project in Burkina Faso.
May 10, 2022 // Markets & Finance News, amea power, Burkina Faso, Solar Project
Israel's Nofar Energy intends to invest 300 mln euro in RES in Romania in 2023-2024
Israel's Nofar Energy is aiming to establish or obtain wind as well as solar projects in Romania where it plans to spend over 300 million euro ($ 316 million) in the adhering to 2 years, it claimed on Tuesday.
May 10, 2022 // Markets & Finance News, Europe, Asia, Israel, res, Romania, Nofar Energy
Spain's Audax starts structure 6.87-MWp solar farm at home
Spanish renewable power and gas distributor Audax Renovables SA (BME: ADX) claimed today that it has actually begun building works with its 6.87-MWp La Miranda solar PV project in the Guadalajara province of Spain.
May 10, 2022 // Plants, Large-Scale, Commercial, Spain, Europe, audax, PV Power Plant
Canadian Solar makes first UK storage step
Company will certainly provide four systems, EPC services and also O&M for the Pulse Clean Energy projects
May 10, 2022 // Storage, Canadian Solar, UK, Europe, Shawn Qu, Trevor Wills
Cero closes 70MW Italian solar financing
Pontinia PV project site will likewise include land made use of for farming agricultural crops
May 10, 2022 // Markets & Finance News, Italy, Europe, Cero, Marta Martinez Queimadelos
Chinese UPS as well as Inverter Major KSTAR Opens Vietnam Plant
As costs in China increase, and also confronted with tariff walls in several markets, numerous Chinese makers have sought manufacturing locations in South East Asia, notably Vietnam. The trend is not expected to mellow out anytime quickly, although nations and major markets like India will certainly expect to see more rate of interest as well for production.
May 10, 2022 // Manufacturing News, Kstar, expansion, green manufacturing, Solar growth, solar inverter market, UPS Market
Austria's Verbund bags renewable portfolio in Spain
The deal belongs to Verbund's strategy to generate 20-25 per cent of its electrical energy from photovoltaic or pv resources and offshore wind farms.
May 10, 2022 // Markets & Finance News, Spain, Europe, Q-Energy, Austria, verbund
Borosil Renewables Plans To End Up Being Largest Non Chinese Solar Glass Maker
Solar panel glass maker Borosil Renewables has announced that it will invest Rs 1,500 crore over the following 2 years to broaden its capacity by nearly 2.5 times and supply glass for 15 GW of solar modules by FY25.
May 10, 2022 // Manufacturing News, Markets & Finance News, solar glass, anti-dumping duty, Borosil Renewables, Pradeep Kheruka, Interfloat Group
Cypress Creek closes US$ 125m debt facility to fund solar, storage pipeline
Independent power producer (IPP) Cypress Creek Renewables has actually closed a US$ 125 million debt facility to fund the expansion of its solar and storage space pipe.
May 10, 2022 // Markets & Finance News, USA, IPP, Cypress Creek Renewables, North America, project pipeline, Crédit Agricole, debt facility
Ukraine conflict dents Scatec's opening quarter earnings
Russia's invasion of Ukraine was blamed for a collapse in Q1 earnings recorded by independent power manufacturer (IPP) Scatec.
May 10, 2022 // Markets & Finance News, Scatec, Ukraine, Europe, financial results, Asia, BESS, Philippines, green hydrogen, green ammonia, development pipeline
Photon Energy powers up 1.4-MWp merchant PV plant in Hungary
Amsterdam-based solar programmer Photon Energy NV (WSE: PEN) claimed on Friday it has actually brought online a 1.4-MWp solar plant in Hungary, increasing its portfolio of proprietary solar farms in the nation to 51.8 MWp.
May 9, 2022 // Plants, Large-Scale, Commercial, Hungary, Europe, photon energy, PV Power Plant
NextEnergy Solar co-invests in 210-MW solar project in Portugal
NextEnergy Solar Fund Ltd (LON: NESF), the detailed investment firm handled by NextEnergy Capital Group, on Monday said it has inked its 2nd co-investment offer abroad for a 13% stake in a 210-MW solar project in Portugal.
May 9, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Portugal, Europe, Solar Project, NextEnergy