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Nofar Energy's Romanian Solar Project Duo Secures EBRD Debt
EBRD considers EUR 55 million loan for two solar parks in Romania, boosting renewable energy and reducing carbon emissions.
Feb 2, 2024 // Plants, Europe, Romania, PV Power Plant, Nofar Energy
Greek Power Utility PPC Secures Financing for Massive Solar Project
Greek power utility PPC SA's renewables arm secures debt financing for a 550 MW solar project in Western Macedonia. The Phoibe project aims to generate 1 TWh of electricity annually, powering 200,000 homes.
Feb 2, 2024 // Markets & Finance News, Europe, PV Power Plant, PPC, Macedonia
PPA-linked solar park comes online in Sweden
The 5.8 MW Sparbanken Skåne Solar Park is in the Sjöbo Kommun, in the southern region of Skåne. The facility is selling more than half its output to the spot market and around a third to Swedish bank Sparbanken Skåne under a 10-year PPA. The rest is being traded on the Nord Pool electricity certificate market for renewable energy in Sweden and Norway.
Jul 22, 2019 // Plants, Swedish, SVEA Renewable Solar AB, Skåne region, Sjöbo Kommun, Pontus Skog, SVEA utility, PPA, Eneo Solutions AB
EBRD, KfW give EUR135 million lending for next-gen cathode product plant in Poland
The new product is not commercially readily available yet, but in trials the materials presumably confirmed its technical and also cost-effective supremacy over NMC 622, NMC 811 and also NCA batteries.
Aug 11, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Poland, EBRD, Europe, KFW, Christian Günther, Grzegorz Zieliński
HEP Secures EBRD Loan for 99-MW Solar Project
HEP secures EUR 31.6 million for Croatia's solar future, signaling a green shift and a commitment to sustainability with the new Korlat photovoltaic farm.
Oct 24, 2024 // Plants, Large-Scale, Commercial, Europe, Solar Project, Croatia, HEP
Latvenergo Secures EUR 230M for Renewable Energy Expansion
Latvenergo secures €230M loan to boost renewable energy with four solar plants and hydropower upgrades, striving for 600 MW capacity by 2026 and climate-neutrality by 2040.
Dec 19, 2024 // Markets & Finance News, Grids, Europe, Latvia, Latvenergo
Elsewedy Electric Completes Financing for Greek Battery Project
Elsewedy Electric paves the way for a sustainable future with Greece's first 50 MW battery storage system, bolstered by €25.5 million in funding, enhancing energy stability by 2025.
Jan 21, 2025 // Storage, Greece, Europe, Elsewedy Electric
US solar gamer refinances 130MW portfolio
Strata Clean Energy operates 21 assets throughout North Carolina
Dec 3, 2021 // Markets & Finance News, USA, North America, Jimmy Chuang, Strata Clean Energy
Italy includes 2.48 GW of solar in 2022 to appear 25 GW
Italy set up 2.48 GW of solar photovoltaic (PV) capacity in 2022, reaching cumulative solar setup of simply above 25 GW at the end of the year, profession body Italia Solare stated on Friday after an analysis of data from grid operator Terna.
Feb 8, 2023 // Plants, Italy, Europe, PV Power Plant
What is Discount rate?
Generally, a person thinks of the money received today as of more valuable compared to the same amount received later. To put it otherwise, the value of future
Sep 12, 2023
BNDES okays financing for 700-MW Brookfield solar complicated in Brazil
Brazil's National Advancement Bank (BNDES) has authorized BRL 1.47 billion (USD 277.8 m/EUR 227.5 m) in financing to sustain the building and construction of the 700-MW Janauba solar complex owned by a regional device of Canada's Brookfield Asset Management (TSE: BAM.A).
May 21, 2021 // Plants, Markets & Finance News, South america, Brazil, BNDES
EIB approves EUR 1.4 bn in funding for renewables in Europe, Africa
The European Investment Bank (EIB) has approved EUR 1.4 billion (USD 1.67 bn) in funding for renewable resource, the EUR lender announced on Thursday.
Jun 18, 2021 // Markets & Finance News, Europe, Africa, european investment bank, eib
Essentia Energia activates 475-MWp solar complicated in Brazil
Brazilian investment manager Patria Investimentos, with its renewable energy system Essentia Energia, has actually put the 475-MWp Sol do Sertao photovoltaic (PV) complex right into operation in Brazil's Bahia state.
Oct 22, 2021 // Plants, South america, Brazil, Essentia Energia
Sun Africa to Develop 5 GW of Solar Power in Nigeria
Leading utility-scale solar as well as off-grid supplier Sun Africa has tattooed a $10-billion agreement with the Federal Government of Nigeria to generate clean as well as dependable electrical power through solar power as well as battery power storage growth.
Dec 27, 2022 // Plants, Africa, Nigeria, PV Power Plant, Sun Africa
EIB provides EUR 200m for residential, SMEs solar projects in Brazil
The European Investment Bank (EIB) revealed on Friday it is giving a EUR-200-million (USD 215.2 m) lending to Sicredi, a Brazilian participating banks, to fund the application of solar systems on homes, small as well as medium-sized companies, as well as rural properties.
Jun 5, 2023 // Residential, Markets & Finance News, South america, Brazil, eib, Solar Project