Renewable Energy

bp to Build 2 GW Green Hydrogen Cluster 'HyVal' in Valencia
bp is leading a public-private collaborative for phased advancement of up to 2 GW of electrolysis capacity by 2030 for producing green hydrogen at bp's Castellón refinery. bp is expected to spend a total amount of up to EUR 2 billion in Castellon by 2030.
Mar 2, 2023 // Markets & Finance News, bp, Renewable Energy, British Petroleum, Andrés Guevara, Biofuels, Castellón refinery, electrolysis plant, green hydrogen cluster, green hydrogen in Valencia, HyVal, Spain hydrogen
OYA Renewables Secures $216 Million For New York Community Solar Pipe
Of the $216 million in total financing, $145 million has actually been secured as a construction-to-term loan as well as $71 million are tax equity investments. These community solar projects are anticipated to create almost 100 MWdc of renewable resource each year once total.
Mar 2, 2023 // Markets & Finance News, Solar Energy, Renewable Energy, Community Solar, OYA Renewables, Manish Nayar, 100 MWdc, Amalgamated Bank, Brent Barringer, Cadence Bank, Comerica Bank, Monarch Private Capital, New York community solar, Siemens Financial Services, tax equity investment
Ameresco Acquires Italian Renewable Energy Company to Expand Portfolio
US-based Ameresco has announced the acquisition of Milan-based ENERQOS Energy Solutions S.r.l., a renewable energy and energy efficiency firm, with the aim of expanding its portfolio in clean energy projects and solutions all over Italy.
Feb 28, 2023 // Markets & Finance News, ameresco, Renewable Energy, Energy Efficiency, energy efficiency solutions, energy savings, ENERQOS Energy Solutions, lower carbon emissions
€430 Million Worth Wind & Solar Projects Secured by Ireland Semi-state Owned Company
Irish semi-state company Bord na Móna has secured €430 million in banking facilities for renewable energy projects worth €2.7 billion, in a move to help Ireland reach its goal of 80% renewable electricity by the end of this decade.
Feb 27, 2023 // Markets & Finance News, BNP Paribas, Renewable Energy, Bord na Mona, ING, Bank of Ireland, Joe Coleman, largest funding for Bord na Móna
University of Mauritius Founds Solar Energy Laboratory
A state-of-the-art solar energy laboratory has actually been released today at the University of Mauritius. The laboratory has been established with participation from Huawei Mauritius. The campaign belongs to a project described as the Park of Excellence in Solar Photovoltaic (PESP) at the University of Mauritius.
Feb 24, 2023 // Technology, electric vehicles, Renewable Energy, hybrid vehicles, solar capacity building, solar energy laboratory, University of Mauritius
Michigan-based ONE Launches Renewable Energy Storage Solution - Aries Grid
Our Next Energy (ONE) has launched Aries Grid, a lithium iron phosphate (LFP) utility-scale battery system that can provide long-duration energy storage. This renewable energy storage solution is manufactured in the US and aims to decarbonize mobility and the grid.
Feb 24, 2023 // Storage, BESS, Renewable Energy, Inflation Reduction Act, Our Next Energy, Aries Grid, Deeana Ahmed, energy storage in USA, lithium iron phosphate BESS, Mujeeb Ijaz, renewable energy growth in USA, utility-scale battery system
Canadian Solar to Supply 487 MWh BESS to Aypa Power
The energy storage items supplied by CSI Energy Storage will certainly be made use of to support Aypa Power's 487 MWh standalone energy storage project in Southern California. The standalone energy storage project is anticipated to be functional by the initial half of 2024.
Feb 24, 2023 // Storage, Canadian Solar, BESS, Renewable Energy, Shawn Qu, CSI Solar, CSI Energy Storage, Aypa Power, Blackstone portfolio company, Moe Hajabed, North America battery storage
India's Renewable Energy Installation Stands at 168 GW, Coal-Based Power Grows 536 MW in a Year
Solar energy capacity across nation is mounted at 63.8 GW as well as wind power is about to touch 42 GW. India's total installed power capacity is 411 GW and the share of fossil fuel based power generation that includes coal, diesel, gas as well as lignite is more than 236 GW.
Feb 17, 2023 // Markets & Finance News, Solar Energy, Central Electricity Authority, Renewable Energy, Solar Power, Wind Energy, wind power, fossil fuel based power generation, installed renewable capacity, large hydropower projects
Israel's Enlight Renewable Energy Raises $252 Million from Nasdaq IPO
On Friday, Enlight Renewable Energy had revealed the rates of its going public of 14,000,000 ordinary shares at a rate to the general public of $18.00 per share. Enlight has actually likewise granted the underwriters a 30-day option to acquire approximately an added 2,100,000 ordinary shares at the going public price, less underwriting price cuts and compensations.
Feb 13, 2023 // Markets & Finance News, Credit Suisse, Roth Capital Partners, hsbc, Renewable Energy, J.P. Morgan, Enlight Renewable Energy, Barclays, BofA Securities, Enlight IPO, Nasdaq IPO, Tel Aviv Stock Exchange, Wall Street IPO
Trina Solar to provide 1-GW solar modules to Low Carbon
Trina Solar will supply PV modules for numerous Low Carbon projects throughout Europe. Vertex N 605W as well as Vertex 670W+ collection are the modules that will be supplied for the initial project of Low Carbon.
Feb 10, 2023 // Manufacturing News, Markets & Finance News, Trina Solar, Renewable Energy, Justin Thesiger, Low Carbon Ltd, module bifaciality, multi-year framework agreement, Vertex 670W+ series, Vertex N 605W
Norwegian Fund To Spend $62 Million In SAEL To Help Develop 3GW Renewables
The objective is to support the firm's ambition to grow its portfolio to 3GW over the next 5 years by including 100MW of new biomass and 400MW of new solar capacity yearly. The financial investment will add to staying clear of more than 2.8 million lots of CO2 emissions.
Jan 27, 2023 // Markets & Finance News, Renewable Energy, norfund, Hans Jacob Frydenlund, Mark Davis, Norwegian Climate Investment Fund, SAEL, stubble burning, Sukhbir Agro Energy Limited
KPI Green Energy Commissions 25 MW Solar Project for Greenlab Diamonds
The new solar power project belongs to its captive power manufacturer (CPP) segment. KPI Green Energy also revealed the appointment of Salim Suleman Yahoo as the new Chief Financial Officer (CFO).
Jan 23, 2023 // Plants, Power Purchase Agreements, Renewable Energy, captive power producer, KPI Green Energy, Chief Financial Officer, CPP segment, Greenlab Diamonds, new CFO at KPI Green, Salim Suleman Yahoo
Israel's Data Centre Industry Majorly Driven by Renewable Power
International cloud provider AWS, for instance, is also developing a Data Centers Project in the nation. The project is being powered by smart grid innovation as well as boasts of power capacity of close to 48 MW.
Jan 16, 2023 // Plants, Grids, Asia, Israel, grid, Renewable Energy, data centres, hard to abate industry, rising electricity prices
Solar Energy & EV Charging Firm Altus Power Acquires 220 MW Solar Facilities
Altus Power said that the bargain is for around $293 million from funds managed by True Green Capital Management. The acquired portfolio, as soon as closed, will without delay include 207 MW of commercial-scale solar assets to Altus Power's operations and the staying 13 MW later on.
Dec 29, 2022 // Markets & Finance News, Solar Energy, Renewable Energy, Altus Power, True Green Capital Management, Gregg Felton, solar assets, Panos Ninios
World Bank Inks Project to Scale up Renewable Energy Technologies in India
The World Bank, with the project, offers to India $150 million IBRD loan, a $28 million Clean Technology Fund (CTF) loan and a $22 million CTF grant. The project will certainly support SECI with human resource as well as company planning, project monitoring, procurement, economic and also contract management, environmental and also social safeguards as well as economic management, among others.
Dec 20, 2022 // Markets & Finance News, India, SECI, Asia, world bank, Renewable Energy, Hideki Mori, Surbhi Goyal