News

Bpifrance invests in French renewable power producer Qair

French financial investment bank Bpifrance has come to be an investor in compatriot Qair after participating in a financing round sustaining the renewable power manufacturer's growth in the domestic and also international markets.

Feb 1, 2023 // Markets & Finance News, France, Europe, Qair, Bpifrance

Canadian Solar sells part of Italian fund with 124-MWp solar portfolio

Canadian Solar Inc (NASDAQ: CSIQ) will discharge 30% of the favored units of CSFS Fund I, its first Italian different mutual fund which holds a 124.2-MWp portfolio of under-construction solar projects across Italy.

Feb 1, 2023 // Markets & Finance News, Canadian Solar, Italy, Europe

General Motors Commits $650 Million to Secure EV Raw Materials

General Motors invests $650 million in lithium mining to secure its electric vehicle supply chain and support its future production of more than 1 million EVs annually in North America by 2025.

Feb 1, 2023 // Markets & Finance News, Storage, Transport, USA, North America, EV, General Motors

Rays Power Infra to Build 1800-MW Solar Park In Rajasthan

An MoU for the development of avant-garde PV photovoltaic or pv power plant was checked in the presence of Ashok Gehlot, Chief Minister of Rajasthan. The solar park will be divided among 3 300 MW projects as well as one 900 MW project.

Jan 31, 2023 // Plants, Large-Scale, Commercial, India, Asia, Solar Park, large-scale solar parks, Pawan Sharma, Rays Power Infra, Ashok Gehlot, Mayank Sharma

Banks files mega-battery UK planning application

2.8 GWh project at Thorpe Marsh in Yorkshire would capitalize on the site's existing 1.45 GW connection

Jan 31, 2023 // Storage, UK, Europe, Banks Group

Iberdrola wins nod for 1.2 GW Portuguese solar

Developer has safeguarded environmental approvals for the Fernando Pessoa project near Sines

Jan 31, 2023 // Plants, Portugal, Iberdrola, Europe, PV Power Plant

X-Elio starts up Japanese solar plant

16MW Sodegaura PV facility has been financed by investment banks ING and also Societe Generale

Jan 31, 2023 // Plants, Japan, Asia, x-elio, PV Power Plant

Wind and solar overtake gas in EU power generation in 2022

Wind and solar produced a record 22% of EU power last year, helping Europe to prevent a go back to coal power in the middle of the 2022 energy crisis, according to a report published today by power brain trust Ember.

Jan 31, 2023 // Markets & Finance News, Europe

Banco Santander, Holaluz to promote self-consumption solar in Spain

Banco Santander (BME: SAN) will start using its clients a product that will enable them to obtain financing to equip their homes with photovoltaic (PV) panels, the Spanish lender claimed on Friday.

Jan 31, 2023 // Markets & Finance News, Rooftop PV, Spain, Banco Santander, Europe, Holaluz

Sumitomo, Colbun ink green ammonia MoU in Chile

Chilean utility Colbun SA and also Japanese diversified group Sumitomo Corp (TYO:8053) revealed on Monday that they have developed a partnership to jointly study the expediency of green hydrogen-to-ammonia projects in Chile.

Jan 31, 2023 // Solar to Fuel, Chile, South america, sumitomo, green ammonia, Colbun

Norsk Solar protects funding for 18 MW of fresh solar in Brazil

Norwegian company Norsk Solar AS (FRA:62 L) revealed today that it has received greater than BRL 50 million (USD 9.8 m/EUR 9m) in non-recourse project financial obligation for the installation of 18 MW of solar capacity in Brazil.

Jan 31, 2023 // Markets & Finance News, South america, Brazil, Norsk Solar

MPower gets 5-MW shovel-ready solar project in Victoria

Sydney-based MPower Group Ltd (ASX: MPR) has actually acquired a 5-MW solar project with a shovel-ready status in the Aussie state of Victoria, the renewable energy project developer said on Monday.

Jan 31, 2023 // Plants, Large-Scale, Commercial, Victoria, MPower, Solar Project

Canadian Solar unit to include 14 GW of wafer, cell capacity

Canadian Solar Inc (NASDAQ: CSIQ) on Monday stated its majority-owned subsidiary CSI Solar Co Ltd will certainly add manufacturing capacity in Jiangsu Province, China with a plan to generate 14 GW of wafers as well as cells in the preliminary phase.

Jan 31, 2023 // Manufacturing News, Canadian Solar

SSE buys rights to 3 solar sites in UK

UK energy firm SSE PLC's (LON: SSE) Solar and Battery unit has actually acquired the rights to 3 solar sites in the county of Nottinghamshire, East Midlands, which are presently experiencing a formal planning application process.

Jan 31, 2023 // Markets & Finance News, UK, Europe, SSE

Onde gets financing for 18-MW solar portfolio in Poland

Onde SA (WSE: OND), the renewables construction business of Polish group Erbud SA (WSE: ERB), claimed it has obtained a PLN 56 million (USD 13m/EUR 12m) loan from Polish lender mBank to finance an 18-MW solar photovoltaic or pv (PV) Cyranka portfolio in Poland.

Jan 31, 2023 // Markets & Finance News, Poland, Europe, Onde

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