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European Investment Bank and FMO go halves on 80MW of Kenyan solar
The European Investment Bank (EIB) and Dutch development bank FMO have agreed to finance the construction and operation of a duo of Kenyan solar plants that have a combined capacity of 80MW.
Sep 25, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, utility-scale PV, Kenya, Africa, east africa, european investment bank, frontier energ, fmo, grid-connected pv, David Langat, Ayaz Merali
PV to drive renewables investing growth in 2021 however complete investment far from net no path-- IEA
Renewables are readied to make up 70% of international financial investment in new power generation capacity this year with solar PV leading the development, but investing on clean energy have to increase much more swiftly if the world is to fulfill its environment objectives.
Jun 2, 2021 // Markets & Finance News, solar finance, IEA, energy transition, solar investment, covid-19 recovery, International Energy Agency
VRB Energy to construct battery-integrated solar power terminal in China
VRB Energy has accepted build a 100MW solar photovoltaic or pv plant with a 100MW/500MWh integrated vanadium flow battery in Xiangyang, Hubei District, China.
Mar 17, 2021 // Plants, Large-Scale, Commercial, China, Asia, PV Power Plant, VRB Energy, Robert Friedland, Mianyan Huang
Energy Impact Partners leads EUR10 million investment in German domestic solar startup
Berlin-based greentech start-up Zolar has raised an additional EUR10 million (US$ 11.9 million) in a financial investment round led by Energy Impact Partners.
Mar 17, 2021 // Residential, Markets & Finance News, Germany, Europe, residential solar, investment fund, Energy Impact Partners, greentech, Zolar, Alex Melzer
Masdar starts 1-GW solar project in Iraq
Abu Dhabi-based renewables designer Masdar has begun deal with a project for the implementation of 1 GW of solar capacity in 4 governorates in Iraq, the country's Ministry of Electricity claimed on Sunday.
Jun 27, 2022 // Plants, Large-Scale, Commercial, Masdar, Asia, Iraq, Solar Project
Altus Power Launches 19.1-MW Solar Initiative in Maine
Altus Power lights up Maine with 19.1 MW of community solar, bringing affordable clean energy to over 4,200 homes while driving growth in the renewable sector.
Nov 1, 2024 // Plants, Large-Scale, Commercial, USA, North America, PV Power Plant, Altus Power, Maine
ACEN Extends Debt for 134-MWp Solar Park in Cagayan
ACEN has increased funding for the 133.5-MWp Cagayan North Solar Power project in the Philippines, part of a larger scheme planned to be operational in 2024. The new loan agreement will help build up the country's solar energy capacity and provide clean and renewable energy for the Philippines.
Aug 9, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, Philippines, PV Power Plant, ACEN
Dragonfly Energy anticipates 47% growth in 2022 ahead of SPAC listing
Lithium-ion battery pack supplier Dragonfly Energy expects revenues to increase 47% this year, during which it will complete a Nasdaq listing via a SPAC merger, before doubling in 2023.
Jun 22, 2022 // Markets & Finance News, Storage, lithium-ion battery, Dragonfly Energy, SPAC listing
Nautilus Solar acquires 31.5-MW solar portfolio from Virgo Investment
Nautilus Solar Energy has acquired a 31.5-MW portfolio of operating solar project assets from Virgo Investment Group.
Jan 13, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Nautilus Solar Energy, Virgo Investment Group, Laura Stern, Eli Aheto
Citicore turns sod on 680-MW solar project in the Philippines
Philippine renewable resource company Citicore Renewable Energy Corporation (CREC) has begun the construction of a 680-MW solar park project in Luzon, the Philippines' largest as well as most populous island.
Mar 23, 2023 // Plants, Asia, Philippines, Solar Project, Citicore
India's Borosil purchases 86% of solar glass maker Interfloat Group
India's Borosil Renewables Ltd (BSE: BORORENEW) has completed the procurement of a 86% risk in Interfloat Group, Europe's biggest supplier of solar glass.
Oct 24, 2022 // Markets & Finance News, India, Asia, Interfloat Group, Borosil
Hannah Solar Government Services to set up large solar project for united state Naval Base Guam
Hannah Solar Government Services has actually been selected as the EPC for a 1.08-MW PV system for the United States Navy at Naval Base Guam.
Oct 26, 2021 // Plants, USA, North America, Solar Project, Dave McNeil, Hannah Solar Government Services
The state of Western Australia is deploying an over 180 megawatt solar park in the south west
Ambitions to construct a 183-megawatt solar park in the southwestern part of Western Australia are most likely to be approved by the end of the week.
Nov 11, 2019 // Plants, Large-Scale, Commercial, Australia, solar pv, Risen Energy, Oceania, Waroona Solar Farm, South Energy
Europe needs over USD 32trn of net-zero investment by 2050, states BNEF
Europe needs to invest greater than USD 32 trillion (EUR 29trn) in power as well as associated innovations in between currently as well as 2050 to change to a net-zero economic situation, according to a new report by BloombergNEF (BNEF).
May 15, 2023 // Markets & Finance News, Market Research, BNEF, Europe
Freyr Energy Elevates 18 Crore Investment from C4D, Total and also Schneider
Freyr Energy, a solar rooftop business based in Hyderabad, introduced yesterday that it has actually safeguarded an equity financial investment of Rs 18 crore from Total Carbon Neutrality Ventures, Schneider Electric Energy Access Asia and also C4D Partners.
Apr 22, 2021 // Markets & Finance News, Rooftop PV, rooftop PV, Total Carbon Neutrality Ventures, C4D Partners, Freyr Energy, Schneider Electric Energy Access Asia, Gilles Vermot Desroches