Electriq Power Secures $300 Million for Solar+ Storage Financing
The funding will certainly support the implementation of Sustainable Community Networks (SCNs) throughout California. The funds realization will be based on expected sales volumes, system size as well as rates.
Mar 17, 2023 // Markets & Finance News, clean energy, ENERGY STORAGE, green energy, Electriq Power, Inflation Reduction Act, IRA, Frank Magnotti, SCNs in California, Silicon Valley renewable energy, Sustainable Community Networks, USA renewable sector
Solar Tech Start-up Loom Solar Raises $2 Mn Funding from SIMA Funds, United States
Emerging startup in solar tech Loom Solar has raised $2 Million funding from US-based Social Investment Managers as well as Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others.
Jan 18, 2023 // Markets & Finance News, clean energy, Climate Change, Amod Anand, Arivazhagan G D, green energy solutions, Loom Solar, Social Investment Managers and Advisors
Denmark's Ørsted to Develop Mockingbird Solar Center in Texas
Ørsted has taken a final financial investment choice (FID) on 471 MW Mockingbird Solar Centre. It will certainly donate 1,000 acres of tall grass prairie to The Nature Conservancy (TNC) for the purpose of conservation.
Jan 16, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, clean energy, USA, Texas, North America, The Nature Conservancy, Orsted, Mockingbird Solar Center, Daniel Willard, final investment decision, Mockingbird Solar Centre, Smiley-Woodfin Native Prairie Grassland, Texas solar power plant, TNC
Germany Offers EUR 112 Mn Euros to Kenya for Renewables, Hydrogen
EUR 51 million will certainly be offered by Germany to Kenya for the development of new power framework and production of hydrogen. EUR 30 million will certainly be used for the training programs.
Dec 13, 2022 // Markets & Finance News, clean energy, Kenya, Africa, green hydrogen, green energy, Africa renewable energy industy, German loan to Kenya
IIT and IISER Researchers Create New Synthetic Photosynthetic System
A new man-made light-harvesting system has actually been created by scientists from IISER-Thiruvananthapuram and IIT-Indore. This system successfully harvests light for power conversion by mimicing photosynthesis, the procedure through which plants absorb sunlight and make sugars.
Nov 29, 2022 // Technology, clean energy, Biswarup Pathak of the Department of Chemistry, IISER-Thiruvananthapuram, Indian Institute of Technology (IIT)-Indore, New Synthetic Photosynthetic System
Glass Manufacturer Saint Gobain Strikes RE Offer For Operations in Spain
The 11-year agreement will start in 2024 and will certainly cover around 55 percent of power requirements of Saint-Gobain in Spain. Saint-Gobain also mentioned that this agreement will make it possible for a decrease in CO2 emissions of roughly 39,000 tons each year.
Nov 29, 2022 // Markets & Finance News, clean energy, Endesa, Renewable Electricity, green energy, carbon neutrality, Saint-Gobain, Spain PPA
ReNew Power & Egyptian Govt Sign Framework Agreement for Green Hydrogen Plant
Renewable energy corporation, ReNew Power and also the Egyptian federal government have actually authorized a framework agreement for the building of an $8 billion green hydrogen plant in the Suez Canal Economic Zone.
Nov 16, 2022 // Solar to Fuel, clean energy, ReNew Power, MoU, green energy, Memorandum of Understanding, green hydrogen plant, first local project financing agreement, Renew Energy Global Plc
ReNew Power Gets Green Project Finance of Rs 800 Cr from Bank of America
ReNew Power has actually obtained a loan from Bank of America completing approximately Rs 800 crore, the lender's initial local project financing arrangement in the renewable energy market after a protracted absence.
Nov 9, 2022 // Markets & Finance News, clean energy, finance, ReNew Power, Renewable Energy, bank of america, green energy, first local project financing agreement, Renew Energy Global Plc, Renewable energy industry
SJVN Green Energy Floats Tender For 15 MW Floating Solar Plant in Himachal Pradesh
Satluj Jal Vidyut Nigam (SJVN) Green Energy has actually floated a tender for the supply of a 15 MW of floating solar PV nuclear power plant at Nangal Pond in Bilaspur Himachal Pradesh. The last day for submitting the bid for this 15 MW tender is November 22, 2022, at 01:00 pm, as well as the bids will be opened on the same day at 02:00 pm.
Nov 2, 2022 // Plants, Large-Scale, Commercial, Floating PV, clean energy, India, tender, Asia, Himachal Pradesh, green energy, SJVN, PUNJAB, Nangal Pond in Bilaspur
Masdar Opens New Office in Saudi Arabia With Focus On Renewable Projects
Abu Dhabi's flagship renewable energy company plans to bid in Saudi Power Procurement Co. Round 4 tender for projects with combined capacity of 3.3 gigawatts Company aims to contribute to existing projects in the Kingdom, consisting of 400-megawatt (MW) wind farm-- largest between East-- and also 300 MW solar energy plant
Oct 31, 2022 // Markets & Finance News, clean energy, Mohamed Jameel Al Ramahi, Masdar, Saudi Arabia, Asia, energy mix, Dumat Al Jandal Wind Farm, Saudi Power Procurement Co, South Jeddah Noor Solar Photovoltaic Plant, wind and solar projects
Amazon Sets Up First Wind, Solar Farm in China
The renewable resource projects establish in China are large-scale and also boast of 200 megawatts (MW) of clean energy capacity. ogether, these projects are anticipated to create 496,000 megawatt-hours (MWh) annually, which will certainly aid power 250,000 Chinese homes.
Oct 26, 2022 // Plants, Large-Scale, Commercial, clean energy, China, Amazon, Asia, solar farm, sustainability, wind farm, renewable energy projects
OMV Petrom, CE Oltenia Partner for 450 MW Solar Project in Romania
State-owned utility Complexul Energetic Oltenia (CE Oltenia) as well as the Romanian oil company OMV Petrom will build 450 MW solar parks in the country. According to OMV Petrom, a total amount of over EUR400 million (US$ 390 million) will be spent on the installation of four solar parks will virtually triple the mounted solar capacity in Romania. In December 2021, CE Oltenia chose the organisation to serve as the project's investor. The state-owned utility Complexul Energetic Oltenia (CE Oltenia) and the Romanian oil company OMV Petrom will certainly construct 450 MW of solar PV in the nation.
Oct 4, 2022 // Plants, Large-Scale, Commercial, clean energy, Europe, Romania, International, Complexul Energetic Oltenia, solar projects, OMV Petrom, green energy, CE Oltenia, four solar parks, Romanian oil corporation
AGEL Commissions 600 MW Capacity of World's Largest Hybrid Power Plant
A wind-solar hybrid power plant in Jaisalmer, Rajasthan, with a 600 MW of capacity has actually been commissioned by Adani Green Energy (AGEL). The hybrid power project has been developed by 2 subsidiaries, Adani Hybrid Energy Jaisalmer 2 as well as Adani Hybrid Energy Jaisalmer 3. With Solar Energy Corporation of India (SECI), Adani had actually become part of a power acquisition agreement (PPA) for 25 years at a rate of 2.69 rupees per kWh.
Oct 3, 2022 // Markets & Finance News, clean energy, India, SECI, Asia, hybrid power plant, Renewable Energy, Jaisalmer
Hitachi Astemo Constructs 3-MW Solar Energy Plant in Maharashtra
The 3-MW Jalgaon solar plant is the first phase by Hitachi Astemo. The business will commission an added 1.5 MW solar power plant by March 2023. The company stated that the solar energy plant is constructed in an area of 43301 sq meters employing 7128 ground placed solar panels as well as 10 inverters.
Sep 30, 2022 // Plants, Large-Scale, Commercial, clean energy, Hitachi, Carbon Neutral, automaker, Hitachi Astemo
Australia's AGL Energy Program to Invest $13B in Renewable Energy by 2036
An Australian energy generator and retailer, AGL Energy Ltd. just recently revealed to invest up to A$ 20 billion ($ 13 billion) by 2036 on renewable energy and also increase completion of coal-fired generating by ten years.
Sep 30, 2022 // Markets & Finance News, clean energy, Renewable Energy, International, green energy, AGL Energy Ltd., Australian energy generator and retailer
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