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Magnora increases South African renewables portfolio with developer purchase
Renewables capitalist Magnora has obtained 92% of South Africa-based solar as well as wind project development business African Green Ventures (AGV).
Feb 16, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, Africa, South Africa, m&a, magnora
Spain creates 37% of power from renewables in Aug
Spain produced 37% of its electricity from renewable energy resources in August, Spanish grid operator Red Electrica de Espana (REE) claimed in the current price quotes report.
Sep 5, 2022 // Markets & Finance News, Spain, Europe
Hungary to release renewables auction in July
The optimum size of eligible projects has actually been increased from 20 MW to 50 MW. The Hungarian government intends to contract around 390 GWh of creating capacity per year, with 40 GW to be scheduled for the Small PVPP classification, consisting of installations between 300 kW and also 1 MW in dimension. It will allot 350 GWh for the Large PVPP team, which includes projects ranging in dimension from 1 MW to 50 MW.
Jun 19, 2020 // Markets & Finance News, Hungary, Europe, auction, Peter Kaderják
Octopus Pockets USD 160M for Australia Renewables Push
Octopus Investments Australia raises AUD 250 million for its renewable energy fund, OASIS. With contributions from Hostplus, CEFC and Sky Renewables, plus a new investor Rest, total funds raised now stand at AUD 550 million. Octopus manages a platform of assets worth AUD 1 billion.
Sep 5, 2023 // Markets & Finance News, Australia, Oceania, octopus investments
European solar returns remain to drop, yet can financial institutions, governments and grids relieve threat concerns?
European solar capitalists are coming to terms with smaller sized returns, however banks, federal governments and also grid operators might do even more to help ease threat and also reduce financier issues.
Apr 13, 2021 // Markets & Finance News, Europe, IRRs, João Cunha, Ignacio Cobo, Stefan Müller
Borosil Renewables Closes Acquisition Of Solar Glass Maker Interfloat
Borosil Renewables' acquisition of 86% risk in the Interfloat Group is done through its abroad wholly-owned subsidiaries. Interfloat Group contains two firms-- GMB Glasmanufaktur Brandenburg GmbH (GMB) as well as Interfloat Corporation.
Oct 26, 2022 // Markets & Finance News, Interfloat Corporation, Interfloat, Pradeep Kheruka, Borosil, Borosil Renewables Ltd, BRL, Christian Kern, Glasmanufaktur Brandenburg GmbH, GMB, Interfloat group of companies, solar glass manufacturer, tempered solar glass
Capital Dynamics releases renewables system Arevon Energy
A new United States renewable resource firm, called Arevon Energy Inc, has actually been developed by incorporating the US Clean Energy Infrastructure group of Switzerland-based personal asset management firm Capital Dynamics and Arevon Asset Management, Capital Dynamics' former special energy asset management associate, it was introduced today.
Aug 18, 2021 // Markets & Finance News, Capital Dynamics, USA, North America, John Breckenridge, Arevon Energy
Northland refinances 550-MW renewables portfolio in Spain
Canadian power producer Northland Power Inc (TSE: NPI) has closed a non-recourse debt refinancing and also restructuring of a 550-MW portfolio of renewable energy parks in Spain, the company's expert Green Giraffe revealed.
Nov 14, 2022 // Markets & Finance News, Spain, Europe, Northland
BP targets Indian renewables with US$ 70m growth fund financial investment
BP has actually invested US$ 70 million in an environment-friendly growth fund launched by EverSource Capital, an India-focused fund manager co-founded by BP-backed solar company Lightsource BP.
Jul 8, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, India, Lightsource BP, Asia, investment, finance, bp, Dev Sanyal, eversource capital, Dhanpal Jhaveri, Sashi Mukundan
Bifacial panels likely to stay exempt from Section 201 tariffs
US President Donald Trump's plan to reverse the exemption for bifacial panels within Section 201 profession tariffs look readied to be warded off once more.
Oct 19, 2020 // Markets & Finance News, Tariffs, USA, Donald Trump, North America, section 201, regulation, bifacial exemption, import tariffs, bifacial tariffs
UK energy suppliers unveil mixed bag of solar export tariffs
Energy suppliers in the UK have unveiled a mixed bag of tariffs for domestic solar exports, with O&G major Shell’s supply business unveiling a tariff of just 0.001p/kWh.
Jan 3, 2020 // Markets & Finance News, Tariffs, Policy, UK, Europe, shell, Chris Hewett
Construction starts on very first large-scale solar plant in Laos
Project developer Solar Attapeu Power Sole Company (SAPC) has actually broken ground on the very first large-scale solar farm in Laos with a capacity of 50MW.
Aug 18, 2022 // Plants, Large-Scale, Commercial, UTILITY-SCALE SOLAR, Asia, transmission line, laos, SAPC
Ukrainian staff plans renewables drive
DTEK's 2030 company strategy has an objective for tidy power to account for at least one-third of power output
Dec 24, 2020 // Markets & Finance News, Policy, Ukraine, DTEK, Europe, Maxim Timchenko
South Korea to adjust renewables targets, develop more nuclear plants
South Korea is intending to change its renewables targets as part of a host of energy policies from the country's new government, which intends to enhance the role of nuclear power.
Jul 6, 2022 // Markets & Finance News, Policy, South Korea, Asia, renewable energy target, nuclear, energy security
European renewables investor Greencoat gets in US market, prepares US$ 5bn investment spree
European renewables investment administration firm Greencoat Capital has verified its entrance to the US renewables market as well as is plotting to spend up to US$ 5 billion over the next five years.
Oct 18, 2021 // Markets & Finance News, USA, Europe, North America, Greencoat Capital, David Boyce, Laurence Fumagalli