News

16.5 MW Lancaster University solar farm given green light
A 16.5 MW solar farm to be improved land had by Lancaster University as part of the university's objectives of coming to be internet zero for utility-based power emissions by 2030 has been approved intending permission.
Mar 8, 2022 // Plants, UK, Europe, solar farm, Lancaster University, Paul Morris
IBC Solar to start 96MW Hungary PV build
IBC Solar Energy is to begin constructing 96MW of solar capacity in Hungary in spring 2022.
Mar 8, 2022 // Plants, Hungary, Europe, IBC Solar Energy
ACWA makes power play for 700MW Saudi solar
25-year PPA with SPPC is for the $450m Ar Rass solar project in Al Qassim province
Mar 8, 2022 // Plants, Saudi Arabia, Asia, ACWA Power, Saudi Power Procurement Company, SPPC
Sonnedix scoops 1GW Polish PV pipeline
Acquisition of Sun Power Energy brings IPP's total capacity of running assets and projects to 6.5 GW.
Mar 8, 2022 // Markets & Finance News, Poland, Sonnedix, Axel Thiemann, Europe, Sun Power Energy
DE Shaw inks 200MW California solar-storage power play
Project in Sacramento County is expected to get to commercial procedure no behind 2024
Mar 8, 2022 // Plants, Markets & Finance News, USA, PPA, North America, de shaw, Hy Martin
Huawei To Provide 1 GW Solar plus 500 MW ESS Solution In Ghana For Meinergy
Huawei Digital Power Technologies Co., Ltd. (Huawei Digital Power) has actually signed a strategic cooperation agreement with Meinergy Technology Co., Ltd (Meinergy), the leading PV designer in West Africa.
Mar 8, 2022 // Plants, Storage, PV plants, West Africa, hydropower, energy storage system, Huawei Digital power, meinergy, Wu Guangwen
South Korea Counts On Floating Solar To Overcome Land Scarcity
Floating solar farms utilize solar panels that are affixed to plastic floats, which then drift on a body of water. These floating solar arrays are generally placed on man-made bodies of water-- a town's water reservoir, an irrigation reservoir, a water therapy facility.
Mar 8, 2022 // Floating PV, South Korea, Asia, International, Scotra, floating solar plants, hydroelectric systems, reservoirs
Portugal receives bids from 12 companies for floating solar auction
The deadline for sending applications ended last Wednesday at 23:59, with the period for obtaining proposals having actually run because January 29. The nation's National Energy as well as Climate Plan sets 2030 targets for emissions decreases, energy efficiency and renewable resource, looking to achieve affordable carbon neutrality by 2050.
Mar 8, 2022 // Markets & Finance News, Floating PV, Portugal, Europe, Floating solar, João Galamba, João Pedro Matos Fernandes, renewables auction, Jornal de Negócios
Ares Management invests as much as US$ 600m in SB Energy
Exclusive equity firm Ares Management is leading an equity financial investment of up to US$ 600 million in SB Energy, the SoftBank-owned solar developer.
Mar 8, 2022 // Markets & Finance News, USA, North America, Ares Management Corporation, sb energy, Softbank, equity finance
Macquarie-led consortium obtains French IPP Reden Solar for US$ 2.7 bn.
A consortium led by Macquarie Asset Management is acquiring French independent power producer (IPP) Reden Solar for a business value of EUR2.5 billion (US$ 2.7 billion).
Mar 8, 2022 // Markets & Finance News, France, IPP, Europe, macquarie, m&a, acquisition, agriPV, Reden Solar
DSD bags US$ 200m financial investment to sustain C&I solar pipeline
US commercial as well as industrial (C&I) PV developer DSD Renewables (DSD) has secured a US$ 200 million liked equity investment from Ares Management Corporation to raise its growth.
Mar 8, 2022 // Markets & Finance News, USA, North America, Ares Management Corporation, development finance, distributed solar development, commercial and industrial, equity finance
SMA Solar reduces 2021 incomes forecast once again, flags influence of international chip shortage
Inverter provider SMA Solar Technology has decreased its 2021 incomes forecast also further and also has warned of extra headwinds this year due to the continuous worldwide chip lack.
Mar 8, 2022 // Markets & Finance News, financial results, sma solar technology, company results, semiconductor shortage, sma solar
Norfund, CDC spend US$ 39m in 2.4 GW of South African renewables
Norway's Norfund and UK growth finance organization CDC have actually collaborated to money 2.4 GW of eco-friendly deployment in South Africa via a ZAR600 million (US$ 39 million) investment in renewables business H1 Capital.
Mar 8, 2022 // Markets & Finance News, Africa, South Africa, norfund, cdc, H1 Capital, just energy transition
Aussie miner Frontier Energy bets on clean energy with 114-MWp solar strategy
Australian mining traveler Frontier Energy (ASX: FHE) is working on a 114-MW DC solar project in Western Australia under a broader strategy to become an integrated clean energy firm.
Mar 7, 2022 // Markets & Finance News, Frontier Energy, Mike Young
Engie, Ramery to install solar farms at post-industrial sites in France
French varied group Ramery on Thursday announced a collaboration with renewables solid Engie Green to collectively work on the development of renewable energy projects in France's northern most area Hauts-de-France.
Mar 7, 2022 // Plants, France, Engie, Europe, Ramery