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A crypto crackdown sent them trying to find cheaper, greener source of power

Capital increased will certainly go towards completion of a near-term acquisition and growth of its Irish projects

Egypt and China have signed an MoU to develop a massive 10GW solar project, promising 29,784GWh of clean energy and a transformative USD1bn savings in natural gas expenses. This will support Egypt's Green Corridor Initiative, helping it reach 42% renewables by 2030.

Independent power manufacturer (IPP) Amarenco Group has safeguarded EUR150 million (US$ 176.8 million) in financing as it aims to increase solar project growth in Europe and also Asia.

Portuguese renewables company Greenvolt - Energias Renovaveis SA (ELI: GVOLT) has actually obtained a 50% stake in Univergy Autoconsumo, a firm focused on solar power remedies in the Spanish service field.

Everwood Capital sells renewables developer DVP Solar Worldwide to Glentra Capital, marking the first divestment of Fund V portfolio. Future plans include acquiring 350 MW of projects in 2024.

Terabase Energy, a United States startup that gives software, automation and electronic deployment remedies, has increased USD 44 million (EUR 43m) in a financing round led by Bill Gates' Breakthrough Energy Ventures to commercialise its innovation for automated solar plant construction.

Framework arrangement with Solek Group is for 200MW of PV plants

The rated power of the power inverter specified by the manufacturer. Not all inverters can produce at full rated power continuously. See also duty

Assurances against country-level risks are essential to make renewable energy investments bankable. Sovereign guarantees represent a government’s commitment to cover payments in case of default. Yet with this well-known instrument becoming harder to obtain, lesser-known risk mitigation alternatives can also be viable.

Asset manager agrees acquisition of development-phase Spanish projects

Eurazeo states investment will assist Ikaros Solar end up being a European independent power producer

Start-up Natron Energy is constructing a battery using Prussian blue analogue electrodes and also a sodium-ion electrolyte. Capitalists include ABB Technology Ventures, NanoDimension Capital, Volta Energy Technologies, Chevron, Khosla Ventures, and also Prelude Ventures.

Shell and Ares unite for a 496 MW solar venture, powering decarbonization with strategic PPAs and exploring battery storage for enhanced returns.

The Series A round was led by Social Capital, a California investment company. Mitra Chem prepares to use the funds to invest in item R&D as well as expand North American pre-pilot manufacturing capability.