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Capital Dynamics Raises EUR 521 Million for Clean Energy Infrastructure Fund
The CEI IX fund surpassed its first target of EUR 300 million by roughly 75% and also gathered EUR 521 million in capital commitments. Capital Dynamics has actually been investing directly in clean energy in Europe considering that 2013 as well as presently possesses as well as runs over 30 projects with an incorporated ability of over 1GW.
Oct 14, 2022 // Markets & Finance News, Capital Dynamics, Clean Energy Infrastructure, Dario Bertagna, CEI IX, Clean Energy Infrastructure IX, Simon Eaves, United Nations Principles for Responsible Investment, UNPRI
Masdar Opens New Office in Saudi Arabia With Focus On Renewable Projects
Abu Dhabi's flagship renewable energy company plans to bid in Saudi Power Procurement Co. Round 4 tender for projects with combined capacity of 3.3 gigawatts Company aims to contribute to existing projects in the Kingdom, consisting of 400-megawatt (MW) wind farm-- largest between East-- and also 300 MW solar energy plant
Oct 31, 2022 // Markets & Finance News, clean energy, Mohamed Jameel Al Ramahi, Masdar, Saudi Arabia, Asia, energy mix, Dumat Al Jandal Wind Farm, Saudi Power Procurement Co, South Jeddah Noor Solar Photovoltaic Plant, wind and solar projects
ADB Signs Mandate with EDC for 2 GW Solar, Battery Storage in Cambodia
ADB will certainly assist EDC conduct a nationwide study on possibilities for added solar power capacity in mix with a Battery Energy Storage System (BESS), to be implemented from this year via 2030. ADB will certainly likewise assist EDC in bidding out a 100-MW pilot project recognized under the research to the economic sector.
Nov 3, 2022 // Markets & Finance News, ADB, Asian Development Bank, EDC, South-East Asia, advisory services mandate, Électricité du Cambodge, F Cleo Kawawaki, Jyotsana Varma, Office of Public–Private Partnership, Power Development Masterplan
EBRD Raises Stake in Infinity- Egypt's Largest RE Provider
EBRD accepts US$ 41.5 million commitment in Egypt's Infinity Financial investment to finance the growth of renewable resource projects in the area
Nov 17, 2022 // Markets & Finance News, EBRD, Renewable Energy, european bank for reconstruction and development, Nandita Parshad, Egyptian government, Infinity, Lekela Power, Mohamed Ismail Mansour
Eelpower, RPC forge UK storage JV
Partnership is targeting 1GW of grid battery capacity with a near-term pipe of 240MW
Nov 23, 2022 // Markets & Finance News, Storage, UK, Europe, Eelpower, RPC
Guwahati Signs INR 2000 Cr MoU for 250 MW/500 MWh Battery Energy Storage System
Rakesh Kumar (IAS), Managing Director, APDCL this solar energy capacity and also battery energy storage project holds immense importance towards the effective combination of solar power projects that remain in the pipeline while including that following the claimed project, Assam will certainly be a leader in the execution of energy storage system.
Jan 12, 2023 // Storage, BESS, ONGC, Tripura, Green Energy transition, Assam Power Distribution Company, combined cycle power plant, electricity grid, first grid-connected megawatt hour-scale BESS, Guwahati, India Infrastructure Fund II, microgrid power plant, OTPC
SOFAR Launches 100-125kW C&I PV Solutions For Global Market
SOFAR has actually launched the new inverter at World Future Energy Summit, 2023. The inverter weighs less than 75kg as well as its easy to mount without extra labor costs.; the cloud monitoring platform makes it possible for hassle-free O&M.
Jan 19, 2023 // Software, Jesse Lau, New inverter launch, SOFAR 100-125KTL-G4
SSE Renewables unveils hybrid solar plans in Wexford
The designer plans to develop a co-located PV-battery at its existing operational Richfield Wind Farm
Jan 24, 2023 // Plants, Storage, PV Power Plant, SSE Renewables, Wexford
Scottish port trying to find new renewable projects
Move follows Hunterston Port as well as Resource Campus being granted national growth status
Feb 15, 2023 // Markets & Finance News, Storage, Solar to Fuel, SCOTLAND, Hunterston Port and Resource Campus, PARC, CLYDEPORT, HUNTERSTON
Wood Mackenzie expects more consolidation in inverter business
The research firm says the value of the global inverter market will continue to decline until 2024, even though shipments will likely increase. China’s recent policy changes have increased pressure on prices, which will contribute to greater consolidation in the sector.
Aug 8, 2019 // Inverters, ABB, Wood Mackenzie Power & Renewables, Sungrow, China, Inverters, Huawei, SMA, Schneider Electric
Agrivoltaics good for agriculture and panel efficiency
A U.S. research team has found the most efficient locations for agrivoltaics include western America, southern Africa and the Middle East. The researchers found crop land, grasslands and wetlands were the best environments for PV projects linked to agriculture. Conditions suitable for crops are ideal for improving solar module efficiency.
Aug 12, 2019 // Technology, USA, Japan, PV panels, plants, Netherlands, Oregon State University, agrivoltaics
China holds key to corporate solar take-up but lags way behind Texas at present
The Lone Star State accounted for almost half of the activity witnessed in the world’s biggest corporate clean energy marketplace but analysts are excited about the prospect of Beijing mandating companies to purchase minimum levels of green electricity.
Aug 13, 2019 // Markets & Finance News, Policy, USA, PPAs, Texas, China, Europe, Africa, Lone Star State, green electricity, RPS, Nordic nations
China added 11.4 GW of solar capacity in first half of this year
According to official statistics produced by the nation’s National Energy Administration, China’s cumulative installed PV generation capacity had reached 185.5 GW at the end of June.
Aug 23, 2019 // Plants, Large-Scale, Commercial, China, National Energy Administration, Asia, Asia Europe Clean Energy (Solar) Advisory Co Ltd
PV waste: 28 tons collected in Panama and Senegal
The PV Cycle Association collects and recycles PV waste. Having treated more than 30,000 tons since its creation, it estimates 150,000 tons of PV modules will reach the end of their lifecycle by 2030.
Sep 5, 2019 // Solar, Latin america, Europe, Africa, PV Cycle Association, PV waste, Bertrand Lempkowicz, Senegal
Big storage comes to Ireland
A 200 MW storage project is being developed by Hanwha Energy Corporation and Lumcloon Energy. The €300 million facility is intended to stabilize the grid to host more renewable energy capacity.
Sep 10, 2019 // Storage, Grids, Germany, tender, Europe, Hanwha Q Cells, Richard Bruton, Hanwha Energy Corporation, Lumcloon Energy Limited, LSIS, Nigel Reams