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DOE announces US$ 8.25 bn in loans to support grid transmission improvements
The US Department of Energy (DOE) has earmarked US$ 8.25 billion in loans to support grid transmission enhancements as more renewables are contributed to the nation's power mix.
Apr 29, 2021 // Markets & Finance News, doe, department of energy, biden, clean energy transition, Jennifer Granholm, american jobs plan, loan programs office, texas winter storm, western area power administration
Trina Solar signs major wafer and glass supply offers as Vertex production ramps
Trina Solar has authorized major wafer as well as solar-grade glass supply deals as it remains to ramp manufacturing of its brand-new Vertex collection of panels.
Nov 18, 2020 // Manufacturing News, China, Asia, Trina Solar, wafer, module manufacturing, vertex, glass, raw materials, Chen Ye, almaden, shangji cnc
TransAlta Announces Commercial Operation of Alberta's First Utility Scale Battery Storage Project
TransAlta Renewables has introduced that its 10 MW WindCharger battery storage space project (WindCharger) started industrial procedure on October 15, 2020. WindCharger is Alberta's very first utility-scale, lithium-ion energy storage space project and makes use of Tesla Megapack technology.
Oct 16, 2020 // Storage, Canada, ENERGY STORAGE, North America, battery storage projects, Storage Project, TransAlta Renewables, WindCharger, John Kousinioris
Engie to divest stake in Engie EPS to TCC
France-based energy company Engie has authorized a sale purchase arrangement to sell a 60.5% risk in the share capital of Engie EPS to Taiwanese company TCC.
Apr 21, 2021 // Markets & Finance News, France, Engie, Europe, Carlalberto Guglielminotti, Catherine MacGregor
Iberdrola keeps foot on the environment-friendly accelerator in spite of US$ 180m pandemic expense
Iberdrola has actually hit the accelerator on its renewables financial investments in H1 even with the pandemic, as the international utility looks to move on with a project pipeline that currently goes beyond 58GW.
Jul 22, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, Spain, Iberdrola, South america, Europe, Brazil, renewables, us, covid-19, utility, Ignacio Galan
Australia's Northern Territory fast tracks US$ 10bn green hydrogen facilit
The US$ 10.75 billion Desert Bloom Hydrogen project in Australia's Northern Territory has been given Major Project Status by the regional federal government, fast tracking the project and paving the way for industrial manufacturing of the 10GW green hydrogen facility by 2023.
Dec 13, 2021 // Solar to Fuel, Northern Territory, Australia, Oceania, green hydrogen, electrolysis, aqua aerem, desert bloom, green hydrogen production, sanguine impact investment
Ares Management invests as much as US$ 600m in SB Energy
Exclusive equity firm Ares Management is leading an equity financial investment of up to US$ 600 million in SB Energy, the SoftBank-owned solar developer.
Mar 8, 2022 // Markets & Finance News, USA, North America, Ares Management Corporation, sb energy, Softbank, equity finance
CleanCapital protects US$ 300 million funding to grow dispersed solar portfolio
Small-scale solar professional CleanCapital has actually protected a US$ 300 million financial investment from Manulife Financial investment Management to aid grow its asset portfolio.
Apr 20, 2021 // Markets & Finance News, California, USA, CleanCapital, BlackRock, New Jersey, North America, solar investment, massachusetts solar, small scale solar, distributed generation, commercial and industrial, javelin capital, Jason Segal
Hanwha, LGES plan to invest in battery manufacturing facilities in US
Hanwha Group and lithium-ion battery maker LG Energy Solution Ltd (KRX:373220), or LGES, will make joint investment in energy storage system(ESS) battery manufacturing facilities in the US, both South Korean business stated today in separate announcements.
Jan 16, 2023 // Markets & Finance News, Storage, USA, North America, hanwha group, LGES
ITC extension, domestic production support included in US Democrats' Build Back Much better framework
US clean power and environment adjustment actions would receive US$ 555 billion of financial investments under a suggested economic framework unveiled by President Joe Biden yesterday (28 October).
Nov 1, 2021 // Markets & Finance News, USA, SEIA, ENERGY STORAGE, ITC, North America, investment tax credit, legislation, biden administration, nancy pelosi, budget reconciliation, infrastructure bill
EDF acquires 4.5 GW US solar pipeline, targets more development in PJM market
EDF Renewables North America has acquired a pipe of more than 20 US solar possessions from project designer Geenex Solar, amounting to more than 4.5 GW of ability.
Oct 19, 2020 // Plants, Large-Scale, USA, PJM, EDF, North America, project acquisition, geenex solar, Georg Veit
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
Maharashtra eyes tariff cap of around US$0.040/kWh for new PV tender
India’s Maharashtra state has launched a process to procure a major slice of grid-linked solar power, pushing for low prices in line with earlier tenders this year.
Aug 29, 2019 // Plants, Markets & Finance News, Grids, Tariffs, India, tender, Asia, tariff, prices, maharashtra, Vinay Rustagi
Orbital selected to lead on US$ 725m, 1GW plan to transform US coal plants into solar farms
United States vocalist and also benefactor Akon's renewable investment fund, The Black Sunrise Half Century Fund, is to partner with a North Carolina installer to transform coal-fired nuclear power plant right into solar farms.
Jan 26, 2021 // Plants, UTILITY-SCALE SOLAR, finance, us solar, akon lighting america, akon, solar fund, orbital solar services, decomissioning coal, Jim O’Neil
First Solar lands 750MW module manage Origis Energy as it considers US manufacturing build out
Origis Energy has actually purchased 750MW of solar modules from thin film supplier First Solar, bringing the overall quantity of modules Origis has procured from the company to 1.5 GW.
Apr 14, 2022 // Manufacturing News, Markets & Finance News, USA, First Solar, solar pv, pv modules, thin film, North America, Origis Energy, origis, cadtel