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Mainstream Renewable Power continues financing run as 1.3 GW Chilean pipe edges closer
Renewables designer Mainstream Renewable Power (MRP) has shut a US$ 280 million financing facility to assist progress a wind and solar project pipe in Chile with a complete ability of 1.3 GW.
Oct 15, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, Chile, South america, mainstream renewable power, andes renovables, Paul Corrigan
UK solar attire NextEnergy Renewables plans ₤ 300m IPO
PV designer to introduce share placement and also seek listing on London Stock Exchange
Feb 1, 2021 // Markets & Finance News, UK, Europe, NextEnergy Renewables, NREN, Anne Wade
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
New joint venture to create 3.4 GW Spanish PV
RPC and Benbros will collaborate on a portfolio of 14 projects in areas across Spain
Mar 29, 2021 // Plants, Spain, Europe, Bob Psaradellis
Total Corporate Funding for Solar Up 34% Year-Over-Year
Total corporate funding in the solar sector (including venture capital/private equity, public market, and debt financing) for the first nine months of 2019 was up with $9 billion raised, compared to $6.7 billion in for the same time period in 2018, a 34% increase year-over-year.
Oct 9, 2019 // Markets & Finance News, USA, Mercom Capital Group, North America
First Solar’s sales fall 6.5% in Q3 to $547m due to lower systems revenue from US project sales
For third-quarter 2019, First Solar Inc of Tempe, AZ, USA – which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services – has reported net sales of $547m, down 6.5% on $585m last quarter and 19% on $676m a year ago, due primarily to lower systems revenue from project sales in the USA, offset partially by higher module sales volume.
Nov 4, 2019 // Markets & Finance News, USA, First Solar, Mark Widmar, North America, thin-film photovoltaic
Zenobe secures ‘ground-breaking’ £25 million funding from Santander to pursue further growth
UK battery storage firm Zenobe has secured £25 million in funding from Santander as it looks to continue its growth.
Dec 17, 2019 // Storage, UK, Europe, Zenobe, Santander
Daqo Xinjiang subsidiary forecasting five-fold profit jump as development plans development
Polysilicon producer Daqo New Energy is expecting a five-fold rise in internet profit from its Xinjiang subsidiary as it remains to progress growth plans.
Jan 25, 2022 // Manufacturing News, Markets & Finance News, China, polysilicon, Asia, Daqo New Energy, Daqo, upstream, Xinjiang
BlackRock purchases Chilean solar projects
Framework arrangement with Solek Group is for 200MW of PV plants
Feb 14, 2022 // Markets & Finance News, BlackRock, Chile, South america, Solar Project, Zdeněk Sobotka, Solek Latam
Fluence commissions 11MW battery at Killala
Greencoat Renewables will use the BESS in County Mayo, Ireland to participate in energy flexibility markets
Feb 21, 2022 // Storage, Ireland, Europe, Fluence, Greencoat Renewables, Marek Kubik, Ben Brooks
Verano targets 800MW LatAm solar
Collaboration with IPP Yinson Renewables will start building and construction of first 100MW in next six months
Jun 22, 2021 // Plants, IPP, Chile, South america, David Brunt, Verano, LatAm solar, Yinson Renewables, Dylan Rudney
Fund supervisor purchases 100MW UK battery site
Catalyst Capital anticipates the Skelton project to be operational in the 4th quarter of 2022
Jan 7, 2022 // Storage, UK, Europe, Catalyst Capital, Catalyst Energy Storage Platform, CESP, Kean Hird
Doral protects project money for 400MW United States solar
Mammoth North project in Indiana is due to go into commercial operation in 2023
Jun 15, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, North America, Indiana, Solar Project, doral renewables, Evan Speece
ADB plus Canadian and German funds back 35 MW project in Bangladesh
The government in Dhaka really hopes prepare for the Spectra Solar Project, and the worldwide backing for it, will assist display the appearance of solar investment in the country for private sector cash.
Jun 11, 2020 // Markets & Finance News, India, ADB, Asia, Shantanu Chakraborty, Md Rafiqul Islam
EDP Brasil buys local solar company 77Sol
EDP Energias do Brasil SA (BVMF: ENBR3) and independent exclusive equity as well as venture capital manager Crescera Capital have spent BRL 14 million (USD 2.6 m/EUR 2.5 m) in Brazilian solar business 77Sol.
Mar 17, 2023 // Markets & Finance News, EDP Brasil