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Biden laying foundation for green energy investments: Yellen
US President Joe Biden's push for green power tax credits will help enhance a massive increase secretive financial investment that will certainly develop jobs as well as reduced power expenses for American families, Treasury Secretary Janet Yellen claimed Tuesday.
Sep 28, 2022 // Markets & Finance News, Policy, USA, North America, Joe Biden, Janet Yellen
Big solar-plus-storage project helping Haiti reduce diesel consumption and power prices
The government of the Caribbean island is planning two solar parks with large scale storage with the help of the Inter-American Development Bank and the United States Agency for International Development. Inter-American is seeking technical help with tendering the projects.
Dec 18, 2019 // Plants, Large-Scale, Commercial, Storage, USA, solar-plus-storage, North America, Haiti, Inter-American Development Bank
Panda Green accepts $22.5m hit on sale of 540 MW of solar projects
The heavily indebted developer has cashed in two eight-project portfolios for an immediate $28 million windfall but accepted the sales recognize heavy losses as it continues to try and pay down debt.
Sep 8, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, China, Asia, Panda Green, Shanxi Silu Electricity Engineering Co Ltd, Changzhou Zhaolian Lvchang New Energy Ltd
KMPG discovers HK$ 12m of missing out on Panda Green deposits wound up in former CEO's account
The spectacular searchings for of an examination by the auditor right into RMB1,022 million paid by Panda Green for the right to develop solar projects which never ever materialized consisted of verification by the previous chief financing policeman documents were created after the reality.
Jul 20, 2020 // Markets & Finance News, China, Hong Kong, Asia, Panda Green, KMPG
Convergent success 100-MW solar-plus-storage project in Puerto Rico
A Puerto Rico-based subsidiary of Convergent Power + Power has actually signed a power purchase and also operating contract with the regional electrical utility in connection with a 100-MW solar-plus-storage project in the south-central area of the island.
Jul 18, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, USA, North America, Puerto Rico, solar-plus-storage project, Convergent
Spain Launches Green Hydrogen Auction for 35-MW Project
MIBGAS and DH2 Energy launch Iberia's first renewable hydrogen auction, paving the way for a sustainable future with innovative projects like the 35-MW Hysencia plant.
Nov 15, 2024 // Solar to Fuel, Spain, Europe, PV Power Plant
EDF Renewables to open up 50-MW green H2 manufacturing site in England
EDF Renewables UK, part of French energy group EDF Group (EPA: EDF), is planning to build an as much as 50-MW green hydrogen manufacturing facility powered by offshore wind and also solar parks in England.
Mar 15, 2022 // Solar to Fuel, EDF Renewables, England, Solar Park
Endesa to provide renewable power to Hoteles Santos
Spanish utility Endesa SA (BME: ELE) claimed on Monday that it has actually signed a ten-year contract to provide 100% renewable power to resort chain Hoteles Santos and all of its establishments in Spain.
Jun 20, 2022 // Markets & Finance News, Spain, Europe, Endesa, Hoteles Santos
Australia’s green bank will prioritise storage and grid stability in FY20
Australia’s state-run renewable energy financier, Clean Energy Finance Corp (CEFC) will shift gears over the next 12 months to prioritise investments in grid stability and large-scale energy storage, according to its latest funding update.
Jul 31, 2019 // Markets & Finance News, Australia, Clean Energy Finance Corp, CEFC, Oceania
Grenergy Secures a Green Loan for Solar Farm in Spain, Belinchón
Grenergy closes a financing deal for its 150MW Belinchón solar project in Spain with a green loan of €89.5m. Discover the latest sustainable energy news
Feb 9, 2023 // Markets & Finance News, Spain, Europe, solar farm, Grenergy
PV to address water scarcity
The government of the Philippines will spend $500 million on solar-powered water supply and desalination in remote areas of Mindanao, the second-largest island in the archipelago. Elsewhere, a Finnish study has suggested drought-hit Iran could benefit from renewable-powered desalination.
Oct 30, 2019 // Technology, Plants, Markets & Finance News, Storage, Asia, Philippines, MinDA, Iran, Emmanuel Piñol, desalination plants
Power Roll Secures £1M for Low-Cost Solar Film
Power Roll has secured an investment of £1 million to expand their patentedMicrogrooves technology andcommercialize their affordable and efficient flexible solar film worldwide. Their solar film can produce cost-effective electricity for a variety of applications.
Aug 21, 2023 // Technology, Markets & Finance News, Power Roll
China Electric Power to Power 10-GW Solar in Egypt
Egypt and China have signed an MoU to develop a massive 10GW solar project, promising 29,784GWh of clean energy and a transformative USD1bn savings in natural gas expenses. This will support Egypt's Green Corridor Initiative, helping it reach 42% renewables by 2030.
Dec 28, 2023 // Plants, China, Asia, Africa, Egypt, PV Power Plant, China Electric Power
Uruguay offers green hydrogen plan
Uruguay's government today offered its draft green hydrogen road map, unveiling a vision for the country to have some 10 GW of electrolysers and come to be a net exporter of affordable hydrogen and its derivatives in the decade after 2030.
Jun 16, 2022 // Solar to Fuel, South america, Uruguay, green hydrogen
DoE give will certainly money research study into solar power and power grids
A team of researchers from Binghamton University has actually been selected to get $2.6 million from the U.S. Department of Energy Solar Energy Technologies Office (SETO) to develop methods to dependably support higher amounts of solar energy on the grid.
Jan 12, 2021 // Markets & Finance News, USA, North America, doe, Ziang "John" Zhang