investment

French renewable power producer and also programmer Akuo Energy has commissioned a 29.2 MWh battery energy storage system (BESS) in Tonga, several weeks after powering up a 19MWh project in Martinique

System integrator Powin Energy has actually been chosen by Idaho Power to supply 120MW/524MW of battery energy storage space system (BESS) projects, the state's first utility-scale storage space advancements.

Large-scale solar implementation in Australia leapt 38% year-on-year in 2021 as its 3 biggest PV plants were commissioned, but financial commitments for new renewables projects in the country fell, according to a new report.

A 100MWh gravity-based energy storage system established by Energy Vault is expected to begin building and construction in China in the second quarter of this year, the Swiss-American startup has actually claimed.

Renewables investor Magnora has actually increased its ownership in Swedish solar cell modern technology business Evolar from 40.7% to 50%.

Significant US bank Wells Fargo has actually shut its maiden tax equity financial investment right into a colocated solar-storage project currently incomplete in New Mexico, United States.

Retail giant IKEA and also the Rockefeller Foundation have today introduced the production of a US$ 1 billion campaign to catalyse financial investments in distributed renewable energy (DRE).

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.

Amazon has actually announced prepare for nine new utility-scale solar and wind projects in the United States, Canada, Spain, Sweden as well as the UK, placing it on track to powering all its tasks with renewables by 2025.

There was a more than fourfold increase in corporate solar funding in Q1 2021 compared with the same quarter last year, in the middle of strong need for PV properties around the world, according to brand-new analysis by Mercom Capital.

Solar developer Masdar has concurred finances from several global loan providers for a 100MW solar PV project in the city of Sherabad, Uzbekistan.

Rising need for eco-friendly projects in investor profiles is "broadening the geographic base" of the solar market, with 36 nations readied to set up greater than 1GW of solar by 2029.

Albania will certainly introduce the 3rd public auction for the construction of a solar photovoltaic park, with a planned capacity of 100 MW, regional media reported.

Released in May 2020, the IEA's World Energy Investment 2020 pointed to a record downturn in international power financial investment. This write-up offers an upgrade to those figures based on extra recent analysis, showing that capital expenditures throughout the energy market are anticipated to fall by 18% this year to $1.5 trillion.

What stands to be Australia's biggest solar farm at 460MWp can currently proceed after Neoen settled a funding package for it.