BayWa r.e. Raises $115 Million Afresh For Solar+ Storage Projects
The firm has actually secured a $115-million credit facility with worldwide economic services solid Nomura for its utility-scale solar as well as solar+ storage projects in the US. The credit facility will at first support projects completing 1.1 GW of solar and also 188 MWh of battery storage.
May 3, 2023 // Markets & Finance News, Storage, USA, UTILITY-SCALE SOLAR, North America, baywa r.e, Alain Halimi, Solar Power Projects, nomura, Vinod Mukani, Fred Robinson
Navisun Secures $235 Million to Fuel Solar Projects' Growth
The very first facility is a $105 million, 5-year revolving construction credit facility. The 2nd facility is an as much as $130 million 5-year term loan facility, that includes a letter of credit facility and also a delayed-draw term loan.
Mar 14, 2023 // Markets & Finance News, UTILITY-SCALE SOLAR, Solar Energy, Solar Power, storage projects, solar projects, Navisun, MUFG, Doug Johnsen, Export Development Canada, USA Solar Energy, Wilmington Trust
Origis Energy Reveals $750 Million for Solar, Storage Pipeline in United States
This financing round complies with a $375 million facility introduced in May 2022. Origis Energy calls the facility as the largest introduced this year for an energy scale solar and also storage development project pipeline.
Mar 13, 2023 // Markets & Finance News, Storage, UTILITY-SCALE SOLAR, Deutsche Bank, hsbc, rabobank, Origis Energy, Santander, CIT, nomura, Jamie Edwards
Is Solar Momentum Stuttering To A Halt In India?
Higher prices and also restrictions have actually stymied growth after Q2 in India. The scenario is likely to be worsened by March this year, as a lot of projects will certainly go across deadlines to either surrender allowances or cancel, if they can't build.
Jan 5, 2023 // Markets & Finance News, UTILITY-SCALE SOLAR, India, Asia, ReNew Power, ALMM, impact of BCD, India solar capacity
Corporate Renewable Procurement of 7 GW Sets New Record in Asia Pacific
The corporate PPA market in Asia is finally supplying on guarantee, mirroring the impact this market can make on new renewable capacity as seen in the North American and also European markets. In India, this is also demonstrated by the active rate of interest of large programmers, who have actually announced plans for this over utility scale projects in some cases.
Nov 10, 2022 // Markets & Finance News, Market Research, UTILITY-SCALE SOLAR, LCOE, Cleantech Solar, ReNew Power, onshore wind, Amplus, Corporate PPA market, corporate renewable power purchase agreements, decarbonisation targets
Pine Gate Renewables Executes 1 GW of Power Purchase Agreements
The executed PPAs will certainly enable the construction of ten new large-scale solar projects. These projects are anticipated to be operational in between 2023 as well as 2024.
Sep 16, 2022 // Markets & Finance News, USA, UTILITY-SCALE SOLAR, North America, solar projects, Ben Catt, Pine Gate Renewables, David Groleau
Construction starts on very first large-scale solar plant in Laos
Project developer Solar Attapeu Power Sole Company (SAPC) has actually broken ground on the very first large-scale solar farm in Laos with a capacity of 50MW.
Aug 18, 2022 // Plants, Large-Scale, Commercial, UTILITY-SCALE SOLAR, Asia, transmission line, laos, SAPC
Enfinity Global protects US$ 242 million for 70MW of solar PV in Japan
Renewables designer and sustainability services provider Enfinity Global has protected ¥ 29 billion (US$ 242 million) in lasting financing for three lately finished utility-scale solar plants in Japan amounting to 70MW.
Aug 8, 2022 // Markets & Finance News, Japan, UTILITY-SCALE SOLAR, Asia, japan solar, Enfinity Global, Japan FiT
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
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
TRC Companies gets solar engineering business Blue Oak Energy
Consulting as well as engineering renewables TRC Companies has actually gotten solar PV and storage space engineering company Blue Oak Energy, strengthening its renewable energy capabilities.
Jul 15, 2022 // Markets & Finance News, USA, UTILITY-SCALE SOLAR, North America, acquisition, Engineering, blue oak energy, commercial solar, trc companies
Satellite data exposes degree of solar project delays in Texas
One-third of utility-scale solar projects slated to complete in Texas this year are either on hold or yet to begin, brand-new analysis has actually declared.
Jul 12, 2022 // Plants, Large-Scale, Commercial, USA, UTILITY-SCALE SOLAR, Texas, North America, AD/CVD, project delays, kayrros
2.2 GW of solar effective in UK's newest renewables auction
More than 2GW of solar has actually won agreements in the UK's latest renewables auction clearing at a strike cost of ₤ 53.40/ MWh (US$ 64.19/ MWh).
Jul 8, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, UK, Solar Energy, Lightsource BP, Europe, cfd, Contracts For Difference, ScottishPower
Actis takes risk in Latin American renewables generator Omega Energia
Infrastructure financier Actis has actually gotten a risk in Latin American renewables asset owner Omega Energia as it looks to establish a pipe of assets in the area.
Jul 7, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, UTILITY-SCALE SOLAR, Solar Energy, South america, Latin america, Brazil, Actis, m&a, equity capital, omega energia
Birch Creek Development increases credit facility to US$ 250m to pursue 5GW US PV pipeline
United States PV developer Birch Creek Development has actually increased its existing credit facility with financial obligation funding service provider Fundamental Renewables to US$ 250 million to pursue its 5GW solar pipe in the US and also support its module procurement technique.
Jul 7, 2022 // Markets & Finance News, USA, UTILITY-SCALE SOLAR, pv power plants, pv modules, North America, birch creek