French renewable developer Akuo commissions biggest BESS projects in Tonga and also Martinique
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
May 23, 2022 // Storage, France, Europe, Oceania, investment, lithium-ion, Tonga, grid stabilising, renewables integration, martinique
Powin Energy to supply Idaho's very first utility-scale storage project
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.
May 5, 2022 // Storage, USA, investment, North America, CATL, Idaho, Powin Energy, renewables integration
Australia added 1.2 GW of large-scale solar in 2021 however renewables financial investment slows, report finds
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.
Apr 7, 2022 // Markets & Finance News, ENERGY STORAGE, Australia, rooftop, South Australia, Oceania, new south wales, investment, Clean Energy Council, covid-19, deployment statistics, Darlington Point
Energy Vault declares 100MWh gravity storage space project in China will begin building and construction in Q2
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.
Feb 4, 2022 // Storage, China, Asia, investment, startup, Energy Vault, project news, nyse, SPAC, gravity energy storage, licensing
Magnora raises stake in Swedish solar perovskite startup Evolar
Renewables investor Magnora has actually increased its ownership in Swedish solar cell modern technology business Evolar from 40.7% to 50%.
Dec 21, 2021 // Technology, Manufacturing News, Sweden, Europe, perovskite, investment, thin film, Tandem cells, evolar, magnora
Wells Fargo makes maiden solar-storage tax equity financial investment
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.
Dec 2, 2021 // Markets & Finance News, Storage, USA, investment, North America, Wells Fargo, tax equity, solar-storage, hybrid solar
IKEA and also Rockefeller team up to release US$ 1 billion dispersed power campaign
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).
Jun 22, 2021 // Markets & Finance News, investment, ikea, rockefeller foundation, Distributed Energy, Per Heggenes
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
Amazon purchases 9 renewables projects, consisting of company's very first solar-storage center
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.
Apr 20, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, California, USA, Canada, Spain, Sweden, United Kingdom, Amazon, Europe, solar-plus-storage, investment, North America, Abigail Ross Hopper, corporate solar, Ohio, corporate commitments, The Climate Pledge
Corporate solar funding increases with PV assets in 'excellent demand'
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.
Apr 16, 2021 // Markets & Finance News, investment, solar finance, Raj Prabhu, m&a, solar investment, Mercom Capital, acquisition, project acquisition
Uzbekistan and Masdar sign funding arrangements for 100MW solar project
Solar developer Masdar has concurred finances from several global loan providers for a 100MW solar PV project in the city of Sherabad, Uzbekistan.
Dec 23, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, solar pv, Asia, investment, Uzbekistan, national electric networks of uzbekistan
36 markets to deploy more than 1GW of solar by 2029: Fitch
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.
Dec 7, 2020 // Markets & Finance News, USA, UTILITY-SCALE SOLAR, India, pv power plants, Fitch, Asia, investment, North America, saudi arabia pif
Albania to release auction for 100 MW solar PV park in Spitalles
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.
Oct 30, 2020 // Plants, Large-Scale, Markets & Finance News, Voltalia, Europe, auction, investment, Solar Power Plant, Albania, Karavasta, solar PV parks
Investment estimates for 2020 remain to indicate a record downturn in investing
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 $1.5 trillion.
Oct 28, 2020 // Market Research, USA, Saudi Arabia, UTILITY-SCALE SOLAR, China, Europe, Asia, investment, North America, Russia, International
Australia's largest solar farm to proceed as Neoen finishes AU$ 600m financing
What stands to be Australia's biggest solar farm at 460MWp can currently proceed after Neoen settled a funding package for it.
Oct 27, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, Natixis, Australia, neoen, Oceania, investment, financing, hsbc, sterling and wilson, société générale, mufg bank, nordlb