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Penn State University has actually begun buying sustainable power produced from 3 Lightsource bp solar farms that have actually finished building and construction in Franklin County, Pennsylvania. The projects were launched in 2019 upon the finalizing of a 70-MW PPA under which Penn State would certainly purchase 100% of the electricity created by the projects created and also operated by Lightsource bp.

General term that can be related to any source of electrical power located close to where electricity is used, as opposed to central power. See also

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.

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.

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

German solar developer ib vogt GmbH sells 50-MW/50-MWh BESS project in Finland to Renewable Power Capital. Largest of its kind in Finland, set for completion by 2025.

Masdar's latest move: acquiring 50% stake in US renewable energy producer Terra-Gen, a key step in its goal of 100GW capacity by 2030.

Genex Power secures AUD 162 million refinancing for QLD and NSW solar projects, improving capital structure with new debt due in 2029.

Genneia secures groundbreaking yuan loan for renewable energy expansion, marking a new era in Argentina's green power sector.

PNE exits Panama, selling its subsidiary to streamline and recycle capital—doubling down on wind, solar and storage in Europe/North America amid grid-access, PPA scale and financing advantages.

Banco Sabadell has actually obtained a 41.5% rate of interest in Pamplona-based STI Norland via its Aurica Capita fund.

Austrian energy firm Wien Energie GmbH intends to install 28 MW of solar capacity in its house market this year in a bid to increase its renewables development as well as reach 600 MW of solar by the end of the decade.

Spanish developer Grenergy has launched a EUR90 million (US$ 94.8 million) accelerated capital boost to fuel development in Europe and develop its power storage space capacity.

Norway's Scatec ASA (OSL: SSO) and Norfund are marketing a combined 50% stake in the 258-MW Upington solar park in South Africa to a fund managed by STANLIB Asset Management Pty Ltd

The International Solar Alliance (ISA) and partners announce a $35 million capital contribution to the Global Solar Facility (GSF), designed to stimulate solar investments in underserved regions. India and Bloomberg Philanthropies to invest $25 and $10 million respectively. GSF anticipates $10 billion investments to benefit 200 million by 2030.