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Aypa Power secures $323M for Idaho's largest battery
Aypa Power secures $323 million to build Idaho's largest battery, backed by Blackstone Inc. Leading the way in renewable energy storage.
Aug 7, 2024 // Storage, USA, North America, Idaho, Aypa Power
Solar Power Shines at Icon Apartments
Solaris Energy has started construction on a 436-kW rooftop and carport solar project in Tucson, AZ, with financing, installation, and a lower electricity rate provided for the Icon Apartment Complex. This project provides shade to tenants and exemplifies Solaris Energy's commitment to sustainability. Partnering with Break of Day Capital, Solar Gain, and the Icon Apartment Complex, Alex Blackmer, Solaris Energy's CEO, is proud to bring this solar project to Tucson.
Jul 12, 2023 // Plants, Large-Scale, Commercial, PV Power Plant, Solaris Energy, Tucson
30GW Solar Sparks in S.Africa: POWGEX-HYFI
POWGEX-HYFI and BioPower announce an opportunity to build up to 30 GW of solar power plants in South Africa’s Mpumalanga province, with the initial capacity starting in 2024 and an estimated project cost of USD 2.5 billion. Lead financial adviser Signet Capital arranges a USD-450-million private placement.
Jul 14, 2023 // Plants, S.Africa, POWGEX-HYFI, BioPower
RPC Acquires 50-MW Finnish BESS Project
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.
Mar 13, 2024 // Storage, Europe, ib vogt, Finland, Renewable Power Capital
Masdar Boosts US Presence with Terra-Gen Stake Acquisition
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.
Mar 20, 2024 // Markets & Finance News, USA, Masdar, North America
Solar Surge: Meeting Insatiable US Power Demand
CEO of Nextracker Inc. foresees a solar boom in the US as demand soars from data centers, electric cars, and heating systems. Solar is the cheapest and fastest-growing energy option.
Mar 29, 2024 // Markets & Finance News, USA, North America, Nextracker
Infinigen Expands Solar Project with 15-MW BESS in Puerto Rico
Infinigen Renewables partners with FlexGen Systems to enhance solar project with 15-MW battery storage system in Puerto Rico. Commercial operation set for September 2025.
Apr 18, 2024 // Storage, USA, North America, Puerto Rico, Infinigen Renewables
R.Power Expands with 41.1-MWp Solar Portfolio Acquisition in Poland
R.Power Renewables expands its solar portfolio in Poland with a strategic acquisition from Green Capital SA, reinforcing its position in the local market.
May 6, 2024 // Plants, Poland, Europe, r.power, PV Power Plant
Gresham House to raise ₤ 80m for United States battery buildout
New equity will primarily be utilized to finance 160MW of solar-BESS projects in California
May 18, 2023 // Storage, USA, North America, Gresham House
Natural Power Partners with Green Switch for Scottish BESS
Natural Power chosen by Green Switch Capital to provide Section 36 consenting support for a 250MW battery energy storage system in the Scottish Highlands, aiming to enhance community involvement and biodiversity.
Jan 9, 2024 // Storage, UK, Europe, SCOTLAND, Natural Power, Green Switch Capital
EUR 500m Fund Launched to Power Europe's Battery Revolution
EIT InnoEnergy and Demeter Investment Managers launch a €500m fund to invest in battery raw materials production, meeting the growing demand for electric vehicle batteries in Europe.
Jan 19, 2024 // Markets & Finance News, Europe, eit innoenergy, Demeter Investment Managers
RPC Acquires 57MW UK Battery Project for 2025
Renewable Power Capital secures 57MW battery storage project in the UK, set to be operational by summer 2025. With a growing portfolio, RPC is a key player in the storage market.
Feb 27, 2024 // Storage, UK, Europe, Renewable Power Capital
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
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