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Emeren Brings In Boralex Veteran for U.S. Arm, Flags $20 Million Q2 Impairment
Solar developer Emeren Group has tapped industry insider M. Jahangir Alam to head its North American business after Mac Moore’s exit, while warning investors of a non-cash impairment of at least $20 million ahead of its mid-August results release.
Jul 4, 2025 // Markets & Finance News, renesola, Boralex, Emeren Group, M Jahangir Alam, Mac Moore
Globeleq wraps up USD-65m refinancing for S African solar park
Africa-focused independent power producer (IPP) Globeleq said today it has finalised a senior debt restructuring deal for its majority-owned 31-MW Soutpan solar park in South Africa's Limpopo Province.
Jan 23, 2023 // Markets & Finance News, Solar Park, Globeleq, S African
ThomasLloyd Energy enters Vietnam with USD-30m investment offer
ThomasLloyd Energy Impact Trust Plc (LON: TLEI) has participated in an investment arrangement with project developer as well as EPC professional Solar Electric Vietnam (SEV) that asks for a preliminary investing of USD 30 million (EUR 30.8 m) on renewable energy assets in Vietnam.
Nov 4, 2022 // Markets & Finance News, Asia, Vietnam, ThomasLloyd Energy
JinkoSolar strategies financial investment of almost USD 8bn in new Chinese factories
Chinese solar module manufacturer JinkoSolar Holding Co Ltd (NYSE: JKS) made a couple of news on Wednesday in relation to its majority-owned principal operating subsidiary, including an enormous financial investment plan of CNY 56 billion (USD 7.94 bn/EUR 7.38 bn).
May 25, 2023 // Manufacturing News, Markets & Finance News, China, JinkoSolar, Asia
Luminous Reaches FID On Norfolk Solar Farm
Luminous Energy achieves financial close on 28.5MW Bracon Ash Solar Farm in Norfolk, UK, providing £10k/year for community projects, 203% biodiversity gain & in line with Net Zero targets. Belectric to build & maintain. TLT, CMS, Fichtner & WTW advised.
Aug 8, 2023 // Markets & Finance News, UK, Europe, luminous energy, PV Power Plant
JA Solar Powers Dutch 103.5-MW Solar Park
JA Solar Technology Co Ltd is supplying equipment for a 103.5-megawatt PV project in Groningen, Netherlands. CEE Group purchased the project from Ecorus with a 15-year fixed tariff as part of the Dutch SDE++ renewables support scheme. JA Solar has 23% market share in Netherlands for H1 2020.
Sep 13, 2023 // Plants, PV project, JA Solar, Europe, Netherlands
Developers signed agreements for solar hybrid mini grids in Nigeria
Two solar business signed a contract with the Nigerian Rural Electrification Agency to create solar mini grids in Nigeria.
Nov 9, 2020 // Plants, Grids, Africa, Nigeria, Ahmad Salihijo Ahmad, Performance Based Grant, Nayo Tropical Technology Ltd, Anita Otubu, Nigeria Electrification Project
Greece's Mytilineos closes funding on 120 MW of Aussie solar farms
Greek commercial group Mytilineos SA (FRA: MYH) on Thursday stated it has reached economic close on a trio of solar farms in New South Wales, Australia with an incorporated capability of 120 MWp.
Nov 19, 2021 // Markets & Finance News, Greece, Australia, Europe, Oceania, solar farm, Mytilineos, Nikos Papapetrou
HBS New Energies rebrands to UPOWA to offer fully-integrated sustainable solutions
HBS New Energies, a trading name of HBS NE Limited, has actually rebranded to UPOWA-- the item business within HBS NE Limited-- in a bid to provide a "one-stop-shop".
May 16, 2022 // Commercial, Residential, Markets & Finance News, Rooftop PV, UK, Europe, HBS New Energies
Germany's Manz abandons CIGS thin-film solar technology
Manz AG (ETR: M5Z) has actually made a decision to discontinue the more development of the copper indium gallium selenium (CIGS) thin-film solar technology after terminating negotiations with a Chinese customer on the completion of a large solar project.
Aug 1, 2022 // Technology, Manufacturing News, Germany, Europe, CIGS, Manz
Peak Energy Expands Rooftop Solar in South Korea
Peak Energy partners with Shinsung E&G and YSP Co Ltd to develop 50-MW rooftop solar projects in South Korea, supporting the country's renewable energy goals.
Jul 8, 2024 // Plants, Large-Scale, Commercial, Rooftop PV, South Korea, Asia, Peak Energy
MIGA Backs BTE Investment in S. African Solar
Actis' BTE Renewables has secured MIGA guarantee for its equity investments in 75-MW South African solar power plant awarded in Round 3 of REIPPP. BTE Renewables, owned by UK growth markets investor Actis, specializes in utility-scale wind and solar projects across Africa and has been sold to French utility Engie SA and Meridiam.
Aug 2, 2023 // Markets & Finance News, Africa, Actis, South Africa, bte renewables, MIGA
Montana Solar Park Flips On
Clenera LLC, a subsidiary of Israeli renewables developer Enlight Renewable Energy Ltd, announced their 105-MW DC Apex Solar project in Montana is now online. Producing enough energy to cover 13,500 households, it is the first joint project between Clenera and Enlight, financed by Bank of America, NORD/LB, and Huntington National Bank. Clenera is developing more projects in Montana.
Aug 21, 2023 // Plants, USA, Montana, North America, PV Power Plant, Clenera
Genex Powers Australia's Largest Solar Park
Genex Power Ltd and Fortescue Metals Group Ltd have partnered to provide Australia with its largest grid-connected solar park. With 25-year Power Purchase Agreement, 337.5 MW of the 450-775 MW capacity will be used to power Fortescue's planned green hydrogen and green ammonia facility. Bulli Creek solar project investment decision expected in 2024.
Oct 9, 2023 // Plants, Large-Scale, Commercial, Grids, Genex Power, PV Power Plant
1.2 GW Battery Hub OK'd for Victoria
Experience Australia's future of renewable energy with the Melbourne Renewable Energy Hub (MREH): an 1,200-MW/2,400-MWh battery storage facility powering over 1 million homes. Construction starts 2023. Largest in Australia and Asia.
Oct 11, 2023 // Storage, Australia, Oceania