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Macquarie-led consortium obtains French IPP Reden Solar for US$ 2.7 bn.
A consortium led by Macquarie Asset Management is acquiring French independent power producer (IPP) Reden Solar for a business value of EUR2.5 billion (US$ 2.7 billion).
Mar 8, 2022 // Markets & Finance News, France, IPP, Europe, macquarie, m&a, acquisition, agriPV, Reden Solar
United States to add 22GW of utility-scale solar this year, EIA claims
US utility-scale solar deployment is set to reach a record 22GW this year, with the technology accounting for practically half of the new producing capacity because of be included in the power grid from 2022 to 2023.
Mar 9, 2022 // Markets & Finance News, California, USA, New York, ENERGY STORAGE, Texas, solar-plus-storage, North America, EIA, deployment statistics, EnergyStorageUSA
Indiana Michigan Power seeks proposals for 500MW of solar
United States utility Indiana Michigan Power (I&M) has actually provided a request for proposals (RFP) for 500MW of solar as part of its new incorporated resource strategy that requires the addition of more than 2GW of renewables by 2028.
Mar 17, 2022 // Plants, USA, ENERGY STORAGE, Michigan, North America, rfp, Indiana, irp, utility, indiana michigan power
Doral protects project money for 400MW United States solar
Mammoth North project in Indiana is due to go into commercial operation in 2023
Jun 15, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, North America, Indiana, Solar Project, doral renewables, Evan Speece
Top developers reach 100 Gigawatts of utility-scale solar capacity
The collective installed capacity of the top utility-scale solar developers has now covered 100 GWAC. The top 35 companies in Wiki-Solar's newest 'league table' added an exceptional 30 GWAC since the start of last year.
Jun 21, 2022 // Market Research, USA, China, Europe, Asia, North America
Spanish IPP Opdenergy intends to raise as much as US$ 210m through IPO
Spanish independent power manufacturer (IPP) Opdenergy is preparing to introduce an initial public offering (IPO) to finance its target of reaching 3.3 GW of renewables properties in operation and also under construction by 2025.
Jun 29, 2022 // Markets & Finance News, Spain, IPP, IPO, Europe, finance, OPDEnergy, initial public offering
German Bank KfW Will Lend Colombia $203.8 m For Green Energy Transition
Germany will certainly lend Columbia regarding USD 203.8 m in 2 stages to help the latter accomplish green energy transition and become energy-independent.
Jul 26, 2022 // Markets & Finance News, Germany, Europe, KFW, Columbia, Columbia solar plant, Decentralised Renewable Energy, Green Energy transition
Borrego bags 100MW solar O&M deal
Agreements are for 2 50MW projects in Ohio scheduled to reach their commercial operation dates in 2023
Aug 9, 2022 // Markets & Finance News, USA, North America, borrego
United States could exceed 50GW of solar manufacturing capacity by 2030 thanks to IRA rewards, SEIA says
The United States could exceed 50GW of solar manufacturing capacity by the end of this years with the right application of motivations included in the nation's recently passed Inflation Reduction Act (IRA).
Aug 19, 2022 // Market Research, USA, SEIA, North America, tax credits, domestic manufacturing, Inflation Reduction Act, us manufacturing
Natixis leads US$ 360 million financing round for 360MW of distributed generation in Chile
Natixis Corporate & Investment Banking (Natixis CIB) has actually led a US$ 360 million financing round for a Chilean PV portfolio consisting of more than 360MW.
Aug 23, 2022 // Markets & Finance News, Natixis, Chile, South america, project financing, pmgd, cc&l infrastructure, distributed generation, carbonfree technology
Enel Colombia reports 85.1% 9-mo profit growth following March merger
Colombian power energy Enel Colombia reserved a web profit of COP 2.31 trillion (USD 479.7 m/EUR 478.0 m) for the nine-month period through September, boosting the bottom line by 85.1% year-on-year, the business claimed on Wednesday.
Oct 27, 2022 // Markets & Finance News, enel colombia
Qcells to supply 2.5 GW of solar panels for Microsoft projects
United States tech giant Microsoft Corp (NASDAQ: MSFT) has actually thrown its support behind the efforts of solar product manufacturer Qcells to establish a full solar supply chain in the US, with the companies teaming up on 2.5 GW of solar panel supplies.
Jan 26, 2023 // Manufacturing News, Markets & Finance News, Solar Panels, Microsoft, Qcells
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
Enel in Talks to Sell Its Sicily PV Manufacture Stake
Enel, the Italian energy group, is in exclusive talks to sell a stake in 3Sun, its photovoltaic panel production site in Sicily. This move is part of the EU effort to speed up the switch to renewables and reduce dependence on Chinese solar materials.
Feb 7, 2023 // Markets & Finance News, Italy, Enel, Europe
Kontrolmatik's Pomega Breaks Ground in South Carolina on 3-GWh Lithium Battery Plant
Kontrolmatik Technologies, via its subsidiary Pomega Energy Storage Technologies, has broken ground on a 3-GWh lithium-ion battery manufacturing plant in South Carolina. This is an important step in the development of sustainable energy solutions, as the factory will produce lithium-iron phosphate cells for North American grid-scale energy storage applications.
Feb 8, 2023 // Manufacturing News, Storage, USA, North America, South Carolina, Kontrolmatik Technologies