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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
Albania preps 300-MW solar tender by June
The government of Albania is dealing with a tender plan to award 300 MW of solar projects under a bigger procurement programme envisaging to promote the release of 1 GW of solar power capacity.
Apr 25, 2023 // Markets & Finance News, Europe, Albania
Leo DiCaprio-backed Bright Solar Raises $31.5m
Solar financing company Bright, funded in part by Leonardo DiCaprio, raised USD 31.5m to help customers reduce costs and automate workflow. Founded in 2014, Bright has installed over 30MW of solar and serves 4,700 customers.
Jul 28, 2023 // Markets & Finance News, Bright, Leonardo DiCaprio
Mytilineos To Invest In 2.6GW Solar, Battery Storage
Mytilineos SA secures €400 million loan from EIB to install 2.6 GW of solar and storage capacity across EU countries, enabling €2.5 billion of projects and helping EU reach net zero emissions by 2050. Upgrade of Greek electricity grid included.
Jan 3, 2024 // Markets & Finance News, Mytilineos
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
What is Photovoltaic (PV) system?
A complete aggregate of components that converts solar energy into DC electricity. A PV system consists of a photovoltaic array and balance of system that
Sep 13, 2023
State Bank of India, Tata Power Solar Systems partner to create small-scale solar PV financing agency
The State Bank of India (SBI) has actually partnered with Tata Power Solar Systems to develop a funding agency for commercial as well as property solar projects up to 1MW.
Feb 2, 2022 // Markets & Finance News, India, Asia, small-scale solar, rooftop solar, tata power solar, sbi
Nigeria releases off-grid solar tender
The Nigerian Ministry of Power is approving bids to develop seven off-grid PV projects, in addition to various other installations that will certainly boost accessibility to energy.
Aug 25, 2020 // Markets & Finance News, tender, Africa, Nigeria
Chad gets financing for large scale solar-plus-storage project
An €18 million loan has been provided by the African Development Bank. The solar park, planned for capital N’Djamena, will be coupled to 4 MWh of storage.
Oct 4, 2019 // Plants, Large-Scale, Commercial, Storage, storage, Africa, African Development Bank, chad, amea power
AfDB supplies $200 million to broaden Nigerian power market
The African Development Bank has actually consented to spend $200 million to boost electrical energy gain access to in Nigeria by developing minigrids throughout the nation.
Mar 12, 2020 // Markets & Finance News, Africa, Nigeria, AfDB, Wale Shonibare
TRIG lands ₤ 500m debt facility to go after brand-new investments
The Renewables Infrastructure Group (TRIG) has actually safeguarded a ₤ 500 million ESG-linked SONIA credit score facility to sustain its new financial investments.
Dec 18, 2020 // Large-Scale, Markets & Finance News, Storage, UK, Europe, TRIG, Helen Mahy CBE
ACWA Power settles agreements for 200-MW solar project in Egypt
Saudi renewables designer ACWA Power on Wednesday introduced that it has actually authorized final contracts related to its 200-MW Kom Ombo solar photovoltaic (PV) project in Egypt.
Apr 7, 2021 // Plants, Large-Scale, Commercial, Asia, Africa, Egypt, ACWA Power, Solar Project, Mohamed Shaker El Markabi
ACWA signs financing take care of Natixis for up to US$ 2bn of projects
Saudi solar developer ACWA Power has signed a memorandum of understanding (MoU) with Natixis Corporate & Investment Banking (Natixis CIB) that will certainly see the companions explore possibilities to create projects, consisting of renewable resource plants.
Dec 6, 2021 // Markets & Finance News, Saudi Arabia, Natixis, Asia, ACWA Power, project finance