News

Summit Ridge, HASI secure $309M debt for 216MW solar

Summit Ridge Energy and HASI secure $309M for 216-MW solar portfolio, powering 20,000 customers in Illinois and Maryland. Major lenders include Bank of America and MetLife.

Aug 7, 2024 // Markets & Finance News, USA, North America, summit ridge energy, HASI

Greencoat Acquires 80.5-MWp Irish Solar Park, Secures PPA

Greencoat Renewables Plc acquires 80.5-MWp solar park in Ireland with partnership funds and a power offtake deal, solidifying their commitment to renewable energy.

Aug 7, 2024 // Plants, Large-Scale, Commercial, PV Power Plant, Greencoat Renewables Plc

PPC Expands Renewable Portfolio in Romania

PPC SA's EUR 700 million acquisition of Evryo Group's renewables portfolio boosts its presence in Romania and Southeast Europe, doubling its active renewables platform.

Aug 7, 2024 // Plants, Large-Scale, Commercial, Europe, Romania, PPC SA, Southeast Europe

Matrix Renewables secures EIB financing for Spanish solar

Matrix Renewables secures EUR-50-million green loan from EIB for 240 MW solar farms in Spain, supporting EU's clean energy transition plan. #RenewableEnergy #EIB #SolarPower

Aug 7, 2024 // Large-Scale, Commercial, Markets & Finance News, Spain, Europe, Matrix Renewables

Trina Solar secures $235m green loan for Texas factory

Trina Solar secures $235 million green loan for 5-GW solar panel factory in Texas, creating 1,500 local jobs and expanding presence in renewable energy market.

Aug 7, 2024 // Manufacturing News, USA, Trina Solar, North America

SunPower Bankruptcy: End of an Era in Solar Industry

SunPower Corp., once a solar industry giant, files for bankruptcy. High interest rates and internal struggles lead to financial difficulties. Analysts express concerns about the company's future.

Aug 6, 2024 // Markets & Finance News, SunPower Corp

Statera's 400-MW Battery Project Approved in Dorset

Statera Energy's 400-MW battery storage system in Dorset, England aims to enhance grid resilience with 6 hours of dispatchable power and 21 ha of community parkland.

Aug 6, 2024 // Storage, Statera Energy, Dorset

Acciona Energia secures 12-year CfD for Croatia solar project

Acciona Energia secures 12-year CfD for Croatia's largest solar project, Promina, set to power 69,000 households annually by 2027.

Aug 6, 2024 // Plants, Large-Scale, Commercial, Europe, PV Power Plant, Croatia, acciona energia

Obton Expands Japanese Solar Presence with $290m Acquisition

Danish solar investment firm Obton A/S makes a bold move in Japan with a $290 million investment in BCPG, solidifying its position as a top player in the market.

Aug 6, 2024 // Markets & Finance News, Japan, Asia, obton

INVL Fund Secures EUR 24.4M for Romania Solar Project

INVL Asset Management shines bright with EUR 24.4 million secured for a 60-MW solar project in Romania, part of their impressive 451 MW investment in the country.

Aug 6, 2024 // Plants, Large-Scale, Commercial, Europe, Romania, PV Power Plant, INVL Asset Management

Iberdrola Expands Renewable Portfolio with 406 MW in Spain

Iberdrola SA secures permits for 406 MW of solar and wind projects in Spain, investing EUR 260 million in renewable energy.

Aug 6, 2024 // Plants, Large-Scale, Commercial, Spain, Europe, Iberdrola SA

SunPower Files Chapter 11, Agrees $45m Asset Sale

SunPower files for Chapter 11 bankruptcy, agrees to sell key businesses in $45 million deal. Transition to new ownership underway.

Aug 6, 2024 // Markets & Finance News, SunPower

MOS Utility Expands into Solar Power Sector

MOS Utility Ltd ventures into solar power sector to diversify and meet demand for renewable energy solutions, driving growth and market presence.

Aug 5, 2024 // Plants, MOS Utility Ltd

Enhancing Efficiency of Tandem Solar Cells with Unique Additive

Revolutionary research enhances silicon/perovskite tandem solar cells with THTZ-H+ additive, achieving 33.7% PCE. A game-changer for renewable energy production.

Aug 5, 2024 // Technology, King Abdullah University of Science and Technology, solar cells, efficiency, KAUST, Marmara University

Nextracker boosts solar installation capabilities with SPI acquisition

Nextracker Inc acquires SPI for $48 million, enhancing capabilities to install solar panels in challenging terrains. CEO Daniel Shugar highlights expertise in hard rock and soft soil solutions.

Aug 5, 2024 // Plants, Large-Scale, Commercial, Nextracker Inc

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