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Forestalia Secures Pre-Construction Financing for 767 MW Renewables
Forestalia secures EUR 65 million from IKAV Group to construct 19 wind and solar projects in Aragon, Spain. Banco de Sabadell structures pre-construction debt for major equipment and construction expenses. Forestalia targets 1.2GW of direct operations in the next few years.
Jul 17, 2023 // Markets & Finance News, Spain, Europe, Forestalia, IKAV Group, wind and solar project
China Fund Manager Gaining 109% Is a Die-Hard Renewables Fan
Cui Chenlong has been banking on batteries, solar power shares
Beijing's carbon neutral goals have buoyed belief on industry
Nov 28, 2021 // Markets & Finance News, Storage, China, Asia, Cui Chenlong, Qianhai Kaiyuan Fund Management Co.
Trina Solar protects record 4GW panel supply take care of NextEra Energy
'Solar Module Super League' (SMSL) participant Trina Solar has signed a lasting PV module supply take care of United States power major NextEra Energy amounting to 4GW, thought to be the largest order of its kind outside of China.
Jan 8, 2021 // Manufacturing News, USA, pv power plants, pv modules, c-si manufacturing, Trina Solar, North America, NextEra Energy
GoodLeap elevates US$ 800m, brings overall worth to US$ 12bn.
United States residential solar financier GoodLeap has elevated US$ 800 million to expand right into the broader market for lasting house enhancement, other carbon-reducing products as well as later industrial offerings and also electrical vehicles (EVs).
Oct 18, 2021 // Residential, Markets & Finance News, USA, North America, GoodLeap
Tunisia intends 1.7 GW of renewable energy projects
The Tunisian federal government is preparing 1,700 MW of new renewable resource projects that must be implemented between 2023 and also 2025 throughout the North African country, power minister Naila Nouira stated on Tuesday.
Jan 4, 2023 // Markets & Finance News, Tunisia, Africa
INVEX Exits Mexico Solar: USD 50M Deal
INVEX Controladora SAB de CV agrees to selling remaining stake in 216 MWp solar farm portfolio in northwestern Mexico for USD 50 million. Regulatory clearance needed and proceeds to reduce debt and make new investments.
Aug 30, 2023 // Markets & Finance News, Mexico, North America, INVEX
Gigawatts of solar as well as storage space: Inside Duke Energy Progression' renewables-heavy IRP
Earlier this week Duke Energy Progress (DEP) introduced its 2020 Integrated Resource Plan, describing the possible source portfolios for both DEP and Duke Energy Carolinas (DEC) over the course of the next 15 years.
Sep 3, 2020 // Markets & Finance News, USA, Duke Energy, North America, irp, us utility
Vector Renewables lands property monitoring job for 169-MW PV plant in Spain
Renewable resource seeking advice from firm Vector Renewables was chosen by Spanish investment supervisor Eranovum Energy to handle a 169-MW photovoltaic (PV) plant, presently unfinished in Spain.
May 12, 2021 // Markets & Finance News, Spain, Europe, PV Power Plant, Vector Renewables
Origis Energy, EDP Renewables and Carbon Solutions Group sign up with SEIA board
The Solar Energy Industries Association (SEIA) has actually added three clean energy advancement business to its board as the organisation expands to consist of energy storage and also supporters for government policies that reinforce renewables facilities.
Jul 1, 2021 // Markets & Finance News, Storage, Policy, USA, SEIA, EDP Renewables, North America, Abigail Ross Hopper, Origis Energy, Carbon Solutions Group
Akuo, CIP to companion on 400-MW renewables growth in Indonesia
French renewable power producer and also developer Akuo today announced a collaboration with Danish fund supervisor Copenhagen Infrastructure Partners P/S (CIP) for the advancement of more than 400 MW of renewable energy projects in Indonesia.
Sep 13, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, akuo, Indonesia, CIP
EU putting energy transition 'on turbocharge' as nationwide strategies boost renewables
European Union (EU) member states are preparing a surge in renewables to change fossil-fired generation as COVID-19, soaring gas rates as well as Russia's war in Ukraine taxed nations to relocate in the direction of cleaner and also less expensive sources of power.
Jun 2, 2022 // Markets & Finance News, Policy, rooftop solar, European Union, decarbonisation, covid-19, Ember, REPowerEU, gas prices, ukraine crisis, CREA
Lithuanian energy ministry issues timeline for renewables auctions
The Baltic nation is heavily dependent on energy imports. A plan for energy independence by 2050 foresees the large scale deployment of renewable energy resources.
Sep 10, 2019 // Markets & Finance News, Europe, Lithuania, Žygimantas Vaičiūnas
EDPR includes 465MW of renewables capacity in Q1 following Sunseap acquisition
EDP Renewables (EDPR) added an overall of 465MW of wind as well as solar capacity in Q1 2022, generally because of its acquisition of Singaporean designer Sunseap, while it recorded a net earnings of EUR66 million (US$ 69.8 million), up 75% on the previous year.
May 9, 2022 // Markets & Finance News, EDP, financial results, EDP Renewables, apac, EDPR, Sunseap, capacity expansion
Spain's renewables share falls to 53.7% in March
Renewable resource plants created 53.7% of Spain's power in March, down from 58.9% a month previously, according to the most recent quotes report launched today by Spanish grid driver Red Electrica de Espana (REE).
Apr 5, 2021 // Markets & Finance News, Spain, Europe
Hungary allots 131.4 MW of PV in renewables public auction
Solar programmers protected 131.4 MW of the ability granted in the public auction, while a biomass setup represented the staying 500 kW of capability. The nationwide power regulatory authority will certainly supply 15-year feed-in costs settlements to the winning projects.
Mar 30, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Hungary, Europe, auction, HEPURA