News

Brazil's Eneva gets loan for 870-MWp solar complex

Brazilian natural gas and also power company Eneva SA (B3: ENEV3) has protected a loan to fund the growth as well as construction of the 870-MWp Futura 1 solar photovoltaic (PV) project.

Aug 2, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, South america, Brazil, Eneva

Work on 20-MW solar project in Egypt to begin by end-2022 - report

A project for a 20-MW solar power plant near Hurghada on Egypt's Red Sea shore is making progress with construction readied to start by the end of 2022, newspaper Al-Masry Al-Youm reports, citing sources from the nation's New and also Renewable Energy Authority (NREA).

Aug 2, 2022 // Plants, Large-Scale, Commercial, Asia, Africa, Egypt, Solar Project

IBC Solar begins on 9.6-MWp solar project in Bavaria

German photovoltaics specialist IBC Solar AG has begun the construction of a 9.6-MWp solar park in Bavaria which is open to investments by citizens.

Aug 2, 2022 // Plants, IBC Solar, PV Power Plant, Solar Project, Bavaria

Meyer Burger cuts production targets for 2022, 2023

The Swiss solar module producer Meyer Burger Technology AG (SWX: MBTN) has decreased its production prepare for this year as well as beside reflect a delayed ramp-up of the production capacity and also supply chain restrictions.

Aug 2, 2022 // Manufacturing News, Markets & Finance News, meyer burger

Azerbaijan solar gigantic secures $114m.

EBRD and various other development banks have authorized the financing plan for Masdar's 230MW project.

Aug 2, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Masdar, EBRD, Europe, Azerbaijan

ENGIE's tender-winning Guam solar-plus-storage project cancelled

ENGIE has pulled out of a large-scale solar-plus-storage project contract in the Western Pacific US island territory of Guam.

Aug 2, 2022 // Plants, Large-Scale, Commercial, Storage, USA, Engie, financial results, solar-plus-storage, power purchase agreement, North America, project news, NHOA, cancellation, island grids, pacific islands, system integrator

UBS Asset Management gets 700MW ERCOT BESS portfolio from Black Mountain Energy Storage

Programmer Black Mountain Energy Storage (BMES) has marketed 700MW of development-stage projects to UBS Asset Management, its third substantial sale in the Texas ERCOT market in 2 months.

Aug 2, 2022 // Markets & Finance News, Storage, USA, Texas, investment, lithium-ion, North America, ERCOT, asset management, grid stabilising, renewables integration, standalone battery storage

Zinc battery company Eos Energy secures US$ 85m loan

Zinc-based battery energy storage system carrier Eos Energy Enterprises has secured a US$ 85 million loan center with Atlas Credit Partners (ACP).

Aug 2, 2022 // Markets & Finance News, Storage, USA, North America, pipeline, Zinc, loan, loans, Eos Energy Enterprises, zinc-air

Cypress Creek acquires 100MW early-stage development project in New york city

Independent power producer (IPP) Cypress Creek Renewables has acquired a 100MW transmission asset in New York state from designer Carson Power, contributing to its existing New York Independent System Operator (NYISO) development portfolio.

Aug 2, 2022 // Plants, Large-Scale, Commercial, USA, New York, Cypress Creek Renewables, North America, Independent Power Producer, project acquisition, carson power

JLEN, Foresight bag 50MW battery project

The Clayfords project in Aberdeenshire is the 6th battery storage project that ILI Group has actually sold

Aug 2, 2022 // Storage, Foresight Solar Fund, SCOTLAND, ILI Group, Mark Wilson, JLEN, Ross Driver

Toyota-Panasonic Battery JV to Buy Lithium From Nevada Mine of Ioneer

The lithium provided by ioneer will certainly be utilized to make electric vehicle batteries in the United States. PPES will be able to produce regarding 150,000 electric vehicles' batteries annually with the amount of lithium provided.

Aug 2, 2022 // Markets & Finance News, Storage, Lithium-ion batteries, Toyota, electric vehicle batteries, ioneer Ltd, lithium carbonate, Nevada state, Panasonic corp, Prime Planet Energy & Solutions, Rhyolite Ridge, Toyota Motor Corp

rPlus Energies brings online its initial solar project in Utah

US renewables developer rPlus Energies has actually completed service its first operating solar plant that has actually participated in commercial procedure in Carbon County, Utah.

Aug 2, 2022 // Plants, Large-Scale, Commercial, USA, UTILITY-SCALE SOLAR, Utah, power purchase agreement, Greenbacker Renewable Energy, North America, rPlus Energies, meta

Borrego finishes solar-plus-storage development arm sale to investors ECP

United States solar and energy storage designer Borrego has actually finished the formerly announced spin off and also sale of its development business to energy transition investor ECP for a concealed quantity, with the new company being relabelled as New Leaf Energy.

Aug 2, 2022 // Markets & Finance News, Storage, USA, storage, pv power plants, North America, acquisition, Borrego Solar, borrego, ecp

India to add 20GW of solar PV in FY2023

India set up more than 12GW of solar PV in the fiscal year 2022 (FY2022) yet this is expected to soar to more than 20GW in FY2023 as the nation aims to accelerate its solar implementation, according to JMK Research.

Aug 2, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, India, pv power plants, Asia, rooftop solar, modules, basic customs duty, JMK Research, india solar

Germany's Manz abandons CIGS thin-film solar technology

Manz AG (ETR: M5Z) has actually made a decision to discontinue the more development of the copper indium gallium selenium (CIGS) thin-film solar technology after terminating negotiations with a Chinese customer on the completion of a large solar project.

Aug 1, 2022 // Technology, Manufacturing News, Germany, Europe, CIGS, Manz

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