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IFC launches $50 million climate-smart leasing project in Ukraine
The World Bank’s private investment arm, the International Finance Corporation (IFC), has agreed to provide a financing package of US$50 million to Kiev-based firm OTP Leasing for sustainable energy investments in Ukraine.
Oct 31, 2019 // Markets & Finance News, Ukraine, Europe, world bank, international finance corporation, Scaling Solar, Kosovo, otp leasing
Maldives reopens 40MWh battery storage tender for island solar
The Republic of Maldives has actually reopened a tender procedure, looking for to procure 40MWh of battery power storage systems (BESS) in a power transition project supported by World Bank funding.
Aug 10, 2022 // Storage, Asia, solar-plus-storage, world bank, microgrid, Maldives, tenders and auctions, procurement, diesel, island grids
OYA Renewables Secures $216 Million For New York Community Solar Pipe
Of the $216 million in total financing, $145 million has actually been secured as a construction-to-term loan as well as $71 million are tax equity investments.
These community solar projects are anticipated to create almost 100 MWdc of renewable resource each year once total.
Mar 2, 2023 // Markets & Finance News, Solar Energy, Renewable Energy, Community Solar, OYA Renewables, Manish Nayar, 100 MWdc, Amalgamated Bank, Brent Barringer, Cadence Bank, Comerica Bank, Monarch Private Capital, New York community solar, Siemens Financial Services, tax equity investment
Campeche is Home to Mexico's 2nd Largest Solar energy Plant
In Campeche, a new solar park has actually begun generating enough electricity to supply more than 300,000 homes with electricity annually.
The $440 million La Pimienta facility, developed by American company Atlas Renewable Energy in the community of Carmen in the southwest, was officially ushered in recently.
Nov 23, 2022 // Plants, Large-Scale, Commercial, Mexico, Atlas Renewable Energy, North America, Solar Park, Societe Generale, green energy, Campeche, La Pimienta, Yucatán Peninsula
Low Carbon to build three UK solar farms
Building will be underway on all 3 sites by early 2023
Dec 5, 2022 // Plants, Large-Scale, Commercial, UK, Europe, solar farm, Low Carbon
Red Rocket Secures Funding for Major South African Solar Project
Red Rocket's 331-MWp Tournee Solar Park in Mpumalanga powers 224,000 homes by 2027, marking a major leap in South Africa's renewable energy landscape.
Oct 1, 2025 // Plants, Large-Scale, Commercial, PV Power Plant, Red Rocket
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
AES shuts funding for 400MWh US battery
Luna Storage project in Los Angeles Region schedules online later on in 2021
Feb 9, 2021 // Storage, USA, North America, AES, James Marshall
Helios completes 48.4MW PV portfolio in North Carolina
The Helios Infrastructure fund, a JV between Sol Systems and Nationwide, has completed the financing and construction of its first PV portfolio.
Sep 24, 2019 // Plants, Large-Scale, Commercial, USA, North Carolina, North America, sol systems, nationwide, helios, Jessie Robbins
Vivint Solar secures US$325m debt refinancing deal
US residential solar installer Vivint has secured a US$325 million revolving warehouse facility to refinance existing debt.
Aug 7, 2019 // Residential, Markets & Finance News, USA, ssfusa, vivint, installer, residential solar, vivint solar, David Bywater, North America
Enfinity secures $195M for 70MW Japan solar plant
Enfinity Global Inc secures $195 million for 70-MW solar plant in Japan, supporting Aomori's clean energy goals and powering thousands of households. CEO committed to carbon neutrality by 2050.
Apr 29, 2024 // Plants, Japan, Asia, PV Power Plant, Enfinity
AMEA Power's 120-MW Solar Project Lights Up South Africa
AMEA Power secures 20-year PPA with Eskom for 120-MW solar park in South Africa, supporting renewable energy goals with USD 120 million investment.
May 3, 2024 // Plants, Africa, South Africa
Galp and BPI Partner Up to Promote Solar Self-Consumption in Portugal
Galp Solar, a unit of Portuguese energy group Galp Energia SGPS SA, has partnered with compatriot bank BPI to promote solar installations for self-consumption to local businesses. This solution includes bank financing and solar panel installation by professional specialists.
Feb 21, 2023 // Markets & Finance News, Portugal, Galp, Europe, BPI
African renewables platform Lekela moves to new proprietor Infinity Power
Dublin-based renewables developer Mainstream Renewable Power as well as private equity company Actis have finished the sale of their Lekela platform, Africa's largest pure-play renewables independent power producer (IPP), to Infinity Power.
Mar 20, 2023 // Markets & Finance News, Software, Africa, LEKELA, Infinity Power
Fresh investment to help establish Danish e-methanol facility
The project will certainly use clean energy from the nearby Kasso Solar Park
Oct 14, 2022 // Markets & Finance News, solar farm, Danish Green Investment Fund, Michael Zollner