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
LONGi ships 18GW+ of modules in H1, calls TOPCon 'transitionary' as it targets HPBC development
Solar Module Super League (SMSL) participant LONGi Green Energy shipped 39.62 GW of monocrystalline silicon wafers, of which 20.15 GW was sold on the surface and also 19.47 GW for interior usage, according to its monetary results for the initial fifty percent of the year.
Aug 29, 2022 // Manufacturing News, Markets & Finance News, China, pv modules, financial results, Asia, longi solar, finance, LONGi, longi green energy, topcon, inner mongolia, hpbc
Octopus Energy, Nest And GLIL Spend ₤ 200 Million In Hornsea One
Octopus Energy Generation's fund monitoring group has spent ₤ 200 million in Hornsea One. For a sum of ₤ 400 million, they have actually bought a 12.5% share from Global Infrastructure Partners with a joint venture with GLIL Infrastructure, which is additionally adding ₤ 200 million. A ₤ 3.6 billion fund called GLIL makes infrastructure investments in support of pension funds.
Aug 9, 2022 // Markets & Finance News, clean energy, finance, Octopus Energy, Renewable Energy, International, solar projects, green energy, Hornsea One, Octopus Energy Investments
Blume Ventures Invests $2.5 Million in Solar Funding Platform Aerem
Mumbai-based solar funding platform, Aerem has elevated $2.5 Million in financing in a pre-series round from New Delhi-based capital firm, Blume Ventures. Aerem said it is making every effort to get to 20 million industrial MSMEs. The firm estimated that the marketplace capacity for MSME alone is over $200 billion.
Jul 12, 2022 // Markets & Finance News, India, Asia, finance, funding, Renewable Energy, green energy, Aerem, Blume Ventures
Spanish IPP Opdenergy intends to raise as much as US$ 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
FTC Solar takes out 2022 assistance citing 'progressively uncertain' AD/CVD situation
US solar tracker supplier FTC Solar has actually withdrawn its support for the year as well as warned of material unpredictabilities brought on by the US AD/CVD examination.
May 12, 2022 // Markets & Finance News, USA, financial results, trackers, finance, North America, ftc solar, AD/CVD, HX Tracker, quarterly results
Latest German solar auction awards 1.1 GW of PV projects as average price sides upwards
The most up to date solar tender in Germany has actually awarded contracts for simply over 1GW of PV projects, but experienced a minor uptick in prices contrasted to the previous round.
Apr 14, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, UTILITY-SCALE SOLAR, Germany, Europe, solar auction, finance, lss eu, lss europe
British Intl Invt spends $89 M to scale renewable energy in India
The DFI's investment is consisted of a Rs 350 crore (United States $47 million) follow-on commitment to 4th Partner Energy, and a Rs 315 crore (US $42 million) project finance debt investment to Thar Surya 1 Private Limited-- an Indian subsidiary of Enel S.p.A, Italy (Enel).
Mar 31, 2022 // Markets & Finance News, finance, British International Investment, CDC group, Srini Nagarajan, UK's development finance institution, DFI
Stem to unlock 'significant value' in renewables software solutions after shutting AlsoEnergy deal
Energy storage space software and also solutions company Stem, Inc said its purchase of PV asset administration company AlsoEnergy will allow it to "unlock significant value" within renewable resource after the transaction completed.
Feb 3, 2022 // Software, finance, m&a, ai, Stem Inc, software, AlsoEnergy, asset monitoring, athena, powertrack
NextEnergy Capital secures US$ 232m for solar investments in OECD countries
NextEnergy Capital Group (NEC) has actually raised an added US$ 232 million for its global solar fund, as it targets PV projects in OECD countries such as the United States, Portugal, Spain, Chile as well as Italy.
Jun 23, 2021 // Markets & Finance News, finance, nextenergy capital, Michael Bonte-Friedheim, solar investment, investment fund
Magnora boosts solar cell technology firm risk
Development business will certainly hold 40.7% of Evolar shares
May 31, 2021 // Technology, Manufacturing News, Markets & Finance News, Sweden, Europe, finance, magnora, Torstein Sanness, Mats Ljunggren
Effective pilot environment-friendly hydrogen projects key for market's future bankability
Information from eco-friendly hydrogen demonstration projects must be offered to help enable the future bankability of larger setups, releasing the industry's decarbonisation capacity.
May 13, 2021 // Solar to Fuel, Europe, hydrogen, Netherlands, finance, green hydrogen, abn amro, solar-plus-hydrogen, greenhydrogen, Eurowind Energy
Total Eren Protects Funding for 100 MW Solar Project in Uzbekistan
Total Eren has actually successfully authorized the financing documentation for its solar photovoltaic project Tutly with 100 MWac ability in Uzbekistan
May 11, 2021 // Markets & Finance News, EBRD, Total Eren, Asia, finance, Uzbekistan, eib, International, Solar Project, Laurence Juin, Total Eren Solar Project
FTC Solar downgrades retail price ahead of IPO
FTC Solar has actually downgraded the pricing of its initial public offering (IPO) and also will certainly note at a cost of US$ 13 per share, as opposed to preliminary target variety of US$ 18-- 20.
Apr 28, 2021 // Markets & Finance News, IPO, trackers, investment, finance, ftc solar, nasdaq, initial public offering
Solar to oppose module cost, supply chain headwinds on way to 181GW in 2021: IHS
Greater than 180GW of solar will certainly be deployed internationally this year as the industry resists headwinds consisting of higher module rates and supply chain restraints, IHS Markit has claimed.
Mar 29, 2021 // Manufacturing News, Markets & Finance News, China, IHS Markit, Asia, finance, Edurne Zoco, consolidation, module prices, Josefin Berg