Spanish IPP Opdenergy intends to raise as much as US$ 210m through IPO
Spanish independent power manufacturer (IPP) Opdenergy is preparing to introduce an initial public offering (IPO) to finance its target of reaching 3.3 GW of renewables properties in operation and also under construction by 2025.
Jun 29, 2022 // Markets & Finance News, Spain, IPP, IPO, Europe, finance, OPDEnergy, initial public offering
Scatec signs PPAs for solar-plus-storage projects in South Africa
Independent power producer Scatec has authorized power acquisition agreements (PPA) for three co-located solar and storage space projects in South Africa that include 540MW of PV capacity.
Jun 8, 2022 // Plants, Large-Scale, Commercial, Scatec, IPP, PPA, solar-plus-storage, BESS, Africa, eskom, South Africa, auctions and tenders
Soltec backing IPP switch, vertical integration to offset supply chain risks
Solar tracker maker and also project developer Soltec has developed a new asset management unit to mitigate threats in the value chain, as it continues efforts to conquer supply headwinds.
Jun 2, 2022 // Manufacturing News, Markets & Finance News, IPP, Soltec, Powertis, Independent Power Producer, vertical integration, sustainability, supply chain, tracker manufacturing, intersolar 2022
Nextracker signs 1.5 GW tracker supply handle Silicon Ranch
Nextracker will supply 1.5 GW of its solar trackers to US independent power producer (IPP) Silicon Ranch as part of a new agreement between the companies.
May 24, 2022 // Markets & Finance News, USA, IPP, trackers, North America, Nextracker, Silicon Ranch, decarbonsiation, supply deal, domestic manufacturing
RES, Alight to work together on 200MW-300MW of PV projects in Sweden
Independent power producer (IPP) RES has revealed a collaboration with power purchase agreement (PPA) supplier Alight to develop brand-new solar projects in central as well as south Sweden.
May 20, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Sweden, IPP, pv power plants, Europe, res, alight energy
Innergex awards Mitsubishi Power 425MWh BESS order for co-located Chile sites
Independent Power Producer (IPP) Innergex Renewable Energy has actually ordered 2 battery energy storage space system (BESS) projects from Mitsubishi Power Americas for co-located sites in Chile, South America.
May 11, 2022 // Storage, IPP, Chile, South america, Independent Power Producer, Innergex Renewable Energy
Cypress Creek appoints new CIO to accelerate its growth
Independent power producer (IPP) Cypress Creek Renewables has hired Jeffrey Meigel as its new chief investment officer (CIO).
May 11, 2022 // Markets & Finance News, USA, IPP, Cypress Creek Renewables, North America, executive appointments, appointments
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
Neoen revenues get on strong solar, energy storage performance
French independent power manufacturer (IPP) Neoen recorded a 36% leap in revenue in Q1 2022, solar revenue increasing 31% year-on-year.
May 5, 2022 // Markets & Finance News, France, IPP, Australia, Argentina, South america, Europe, neoen, Oceania
Cypress Creek closes US$ 450m debt facility to fund growth of solar, storage pipe
Independent power producer (IPP) Cypress Creek Renewables has closed a US$ 450 million debt facility to fund the development of its solar as well as power storage space project pipeline in the US.
Apr 20, 2022 // Markets & Finance News, CarVal Investors, IPP, cypress creek, cppib, Crédit Agricole, Queensland Investment Corporation
First Solar pens significant 4GW module supply agreement with Silicon Ranch
First Solar has authorized a master supply agreement to supply 4GWdc of thin-film solar PV modules to independent power producer (IPP) Silicon Ranch with distributions ranging from 2023 to 2025.
Apr 13, 2022 // Manufacturing News, USA, IPP, First Solar, thin film, North America, Silicon Ranch, Independent Power Producer, cadtel
Scatec appoints new chief executive officer as Raymond Carlsen steps down after 13 years
Raymond Carlsen is stepping down as chief executive officer of independent power manufacturer (IPP) Scatec after 13 years in the role, to be replaced by the company's EVP of project growth, Terje Pilskog.
Mar 28, 2022 // Markets & Finance News, Raymond Carlsen, Scatec, IPP, John Andersen Jr
Voltalia revenue up 71% as development, building unit drives growth
French renewables business Voltalia's economic efficiency last year was enhanced by the growth of its project development, construction and also equipment procurement section, as the company increased its focus on developing solar PV.
Mar 25, 2022 // Markets & Finance News, ENERGY STORAGE, IPP, Voltalia, South america, financial results, Brazil, developer, company results
Canada's Switch offering its fifty percent of 75-MW solar partnership in Alberta
Canadian independent power producer (IPP) Switch Power Corporation has consented to market its 50% stake in a vehicle that owns 4 solar PV projects with an integrated capacity of 75 MW (AC) in Alberta, Canada.
Mar 17, 2022 // Markets & Finance News, Canada, IPP, North America, alberta, Switch Power Corporation
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