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BlackRock to sustain renewables in emerging markets with US$ 250m capital raising
BlackRock has protected more than US$ 250 million for a finance automobile that will invest in renewables and power storage space projects in nations throughout Asia, Latin America and Africa.
Jul 12, 2021 // Commercial, Markets & Finance News, Storage, BlackRock, Latin america, Asia, Africa, emerging markets, Climate Finance Partnership, Jochen Flasbarth
First Solar Bags $1BN to Fuel Growth
First Solar Inc. secures USD 1 billion revolving credit facility from JP Morgan Chase Bank to finance expansion in India, Alabama, and Ohio. Facility enables company to open 3.4-GW DC production facility and R&D center, aiming to have over 20 GW DC of factories in 2026.
Jul 7, 2023 // Markets & Finance News, USA, Alabama, India, First Solar, Asia, North America, Ohio, JP Morgan Chase Bank
Heliene Secures Historic 1.5GW Solar Module Order
Heliene Inc, a Canadian solar panel maker, has secured an order from US-based Nexamp Inc for 1.5 GW of solar modules - the largest community solar order in US history. Nexamp is financing the construction of 250 MW of PV parks across 6 states. Heliene has 3 production facilities in the US and Canada.
Sep 1, 2023 // Manufacturing News, Canada, PV module, North America, heliene
Aream, Eiffel JV to Deliver 500 MWp Solar in Germany
German renewables investor Aream Group teams up with France's Eiffel Investment Group to develop 500 MWp of solar projects, boosting solar energy growth in Germany.
May 7, 2024 // Plants, Large-Scale, Commercial, Germany, Europe, PV Power Plant, Aream Group
IFC Funds Brookfield's 550-MWp Solar Project in India
Brookfield Asset Management shines bright in India with a 550-MWp solar park project in Rajasthan, backed by USD 105 million funding from the International Finance Corporation.
Jun 17, 2024 // Plants, Large-Scale, Commercial, India, Asia, brookfield asset management, PV Power Plant
Acelen-owned Refinery Invests in 161-MW Solar Project in Brazil
Acelen-owned Mataripe Refinery in Brazil partners with Perfin Infra and Illian Energias for a 161-MW solar project, reducing CO2 emissions and promoting sustainability in the energy sector.
Jul 12, 2024 // Plants, South america, Brazil, Solar Project, Acelen, Refinery
Neoen Completes Financing for 300 MW Victorian Big Battery in Australia
Neoen has introduced that it has attained financial close on the Victorian Big Battery, a 300 MW/ 450 MWh battery storage space center in Victoria
Mar 1, 2021 // Markets & Finance News, Storage, TESLA, Victoria, Australia, neoen, Oceania, Ian Learmonth
Maxeon Solar gets new CFO soon after IPO
PV module supplier Maxeon Solar Technologies is to select a new CFO, Kai Strohbecke, from March 15 2021, seven months after its offshoot from SunPower succeeding as well as NASDAQ IPO.
Feb 24, 2021 // Manufacturing News, Markets & Finance News, PV module, Maxeon Solar, Jeff Waters, Kai Strohbecke
French Development Agency helps Mozambique build 80 MW of solar capacity
Two PV plants are set to be built under the Project for Promotion of Auctions for Renewable Energies program, being implemented with the support of Mozambican utility Electricidade de Mocambique, which is likely to be the future off-taker of the solar energy generated.
Nov 1, 2019 // Plants, Large-Scale, Commercial, Scatec Solar, tender, Africa, Mozambique, French Development Agency, PROLER
Zenobe secures ‘ground-breaking’ £25 million funding from Santander to pursue further growth
UK battery storage firm Zenobe has secured £25 million in funding from Santander as it looks to continue its growth.
Dec 17, 2019 // Storage, UK, Europe, Zenobe, Santander
Yellow Door Energy raised $31.2 million to develop distributed PV projects in Jordan
UAE-based solar programmer Yellow Door Energy has increased $31.2 million finance to develop dispersed solar projects in Jordan.
Feb 9, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Germany, EBRD, Europe, Asia, pv projects, UAE, Yellow Door Energy, DEG
Uzbekistan launches rebate program for rooftop PV
The Uzbek government last week opened a rooftop solar program which provides 30% of the initial costs for buying and installing a PV system, up to around $320 per project. Tax incentives are also available.
Sep 3, 2019 // Plants, Large-Scale, Commercial, Residential, Rooftop PV, Canadian Solar, Asia, Uzbekistan
Colombia Receives $70 Million Loan from Climate Investment Funds for Renewable Energy Integration
Colombia has become the first country to benefit from the Climate Investment Funds (CIF), receiving a $70 million loan to transition to clean energy. This loan will help build infrastructure for renewable electricity transmission, including batteries, transmission lines, and green hydrogen facilities.
Feb 7, 2023 // Markets & Finance News, South america, Colombia, cif, Climate Investment Funds
SoftBank-Backed Enpal Raises EUR430 Million for Solar-Leasing Unit
DWS and Phoenix Life join existing capitalists BlackRock as well as ING Enpal's total refinancing commitments currently over EUR1.9 billion
Jun 9, 2023 // Markets & Finance News, Enpal
ADB-Backed Solar Park Lights Up India's Commercial Users
ADB provides loan to India's Fourth Partner Energy to fund 25-MW solar park, increasing innovative renewable energy production to 50.7 GW/yr & reducing CO2 emissions by 41,700 tonnes/yr. India's open access renewable energy policy encourages international financing for decarbonisation.
Aug 28, 2023 // Plants, Commercial, Markets & Finance News, India, ADB, Asia, PV Power Plant