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Taiwan's ProLogium to Construct Solid-State Battery Gigafactory in Europe
of its very first major Gigawatt-hour (GWh) battery manufacturing facility in Europe as well as to work with its global development team. The main statement of
Sep 6, 2022 // Storage, electric vehicle, Taiwan, EV, solid state batteries, clean mobility, Accuracy, ProLogium, Vincent Yang
Europe's Largest Solar Plant Halted in Romania
Hidroelectrica has cancelled its tender for the largest solar power project in Europe in the Oltenia province. The project, which would have been 1.5GW in size, was
Nov 22, 2023 // Plants, Europe, Romania, PV Power Plant
Enphase virtually increases revenue in Europe amid increasing rate of interest in home electrification
California-headquartered firm's revenue in Europe was up 89% on the same quarter last year as well as 69% on Q1 2022, led by solid demand for microinverters in
Jul 28, 2022 // Manufacturing News, Markets & Finance News, Enphase Energy, Inverters, financial results, residential, electric vehicles, microinverter, residential storage, company results, Q2 2022
World's Most Powerful Rooftop Solar Plant Comes Online in Europe
Europe, the international headquarters of Tommy Hilfiger and the European offices of Calvin Klein, both had by PVH Corp., has actually announced the
Oct 7, 2020 // Plants, Large-Scale, Commercial, Rooftop PV, rooftop solar, International, Calvin Klein, PVH Europe, Tommy Hilfger
Europe's SOLEK Shuts $379 Million Funding for Chile Solar Projects
European renewable resource firm SOLEK has closed a $379 million funding for its portfolio in Chile, consisting of solar photovoltaic utility-scale as well as PMGD (Small Means of Distributed Generation projects in chile). The solar energy projects will turn up in the Central Region. SOLEK declares to be a fast-growing company in the renewable energy sector. It presently owns a portfolio of regarding 284 MWdc in Chile as well as more than 400 MW of projects in advancement stage in Latin America. The extensive financing, as per the official declaration of SOLEK, makes up a $178 million elderly private placement, $75 million mezzanine, $55 million PMGD bridge-loan facility, $37 million utility-scale bridge loan, $19 million LC Facility, and also $15 million VAT line. SOLEK held that BNP Paribas as well as Natixis acted as placement agents, arrangers and also lending institutions. BCI and also Scotiabank Chile functioned as representatives and also lending institutions on neighborhood facilities. Entery in United States Bond Market SOLEK introduced that it has actually forayed right into the major USA Private Placement market (USPP) recently. It is entering this new market with a 20-year bond issuance worth $178 million. SOLEK stated that the deal had strong need from investors. " Thanks to the large opportunities that the renewable energy industry supplies today, SOLEK has been experiencing a duration of vibrant development that implicates funding demands. We needed to satisfy rigorous certification standards to access funding on the USPP market. This versatile financing will certainly permit us to concentrate on our PV projects and also additional development," claimed Zdeněk Sobotka, owner and chief executive officer of the SOLEK Group. Companies going into the USPP market commonly provide long-term bonds. The company's USPP bonds have an amortizing repayment schedule with a maturation of two decades, which aligns the financial debt profile to the life of the underlying financial investment. The earnings from the USPP bonds will certainly be made use of largely to fund the expansion plans of SOLEK and also to re-finance existing financial obligation. SOLEK and Its Expanding Portfolio SOLEK has a lot of its renewable resource company constrained to Europe and Latin America. Given that 2010, SOLEK has attached an overall of 53 PV solar projects. Of these, 18 remain in Europe as well as 35 in Chile. The Group has currently greater than 38 renewable energy projects that will certainly be integrated in Chile in 2023 as well as 2024. The complete set up capacity targeted by the end of 2023 is 400 MW worldwide, a lot of them in Latin America. In Europe, SOLEK has solar projects with a complete capacity of 1.4 GW in the pipeline. Its projects in Romania as well as Greece go to the most advanced stage of growth and are intended to be linked next year.
Jun 1, 2023 // Markets & Finance News, Natixis, Chile, South america, BNP Paribas, Solar Project, Zdeněk Sobotka, PMGD projects, SOLEK, United States Private Placement market, USPP
Seraphim Solar signs up with Central Europe rush with module circulation agreements
pleased to work together with the firm to "co-develop the Polish and Central European market". "Our partnership will not be restricted to supplying our latest
Apr 21, 2021 // Manufacturing News, Europe, seraphim, Polaris Li, distribution, central europe, menlo electric, module shipments, Marta Walendzewicz
Glennmont Unveils IPP to Create 1GW Solar Power in Southern Europe
to develop, build and run solar photovoltaic or pv (PV) projects in Southern Europe. BNZ prepares to reach a mounted capability of 1GW across Italy, Portugal and
Sep 17, 2021 // Plants, Large-Scale, Commercial, Europe, southern europe, glennmont partners, BNZ, Scott Lawrence
Rio Tinto Invests in InoBat to Support Battery Ecosystem in Europe
and also making company, to sustain the advancement of a battery ecosystem in Europe. This financial investment will sustain the conclusion of InoBat's r & d
Nov 18, 2021 // Markets & Finance News, Storage, UK, Europe, Rio Tinto, Inobat Auto,, Marian Bocek, Marnie Finlayson
SolarPower Europe pushes 45% target, claims would include an extra 210GW of solar by 2030
these was the rise in the profession bloc's 2030 renewables target. SolarPower Europe's market forecasts revealed that under a 45% target, 870GW of solar would
Nov 22, 2021 // Manufacturing News, Commercial, Markets & Finance News, Rooftop PV, Europe, SolarPower Europe, targets, cop26, fit for 55, tar
JinkoSolar lands supply contract for Europe's largest bifacial solar farm yet
set to start in November 2021. Frank Niendorf, general manager of JinkoSolar Europe, said the Kozani project will end up being Europe's "criteria for
Oct 20, 2020 // Manufacturing News, Markets & Finance News, UTILITY-SCALE SOLAR, Greece, bifacial, Europe, JinkoSolar, juwi, swan
Europe can halve gas usage, save US$ 350bn by 2030 by doubling renewables release
report stated Europe's existing energy crisis, triggered by relentless gas lacks combined with Russia's invasion of Ukraine and also intensified by subsequent
Mar 29, 2022 // Markets & Finance News, Ukraine, Europe, European Union, IEA, european commission, Wartsila, Fossil Fuels, energy crisis, russian gas
SolarPower Europe reveals 8 activities required to reach 1TW of solar PV by 2030
Kadri Simson, against the background of the war in Ukraine and the European energy situation, the report said the EU would be able to add 39GW of solar
Mar 31, 2022 // Manufacturing News, Markets & Finance News, UTILITY-SCALE SOLAR, Ukraine, Europe, SolarPower Europe, rooftop solar, European Union, european commission, grid connection, permitting, european solar, russian gas, training
Europe's largest solar park now on-line
energy giant Iberdrola has actually appointed the biggest PV plant in Europe-- the 500 MW Núñez de Balboa job-- complying with the conclusion
Apr 8, 2020 // Plants, Large-Scale, Commercial, PV plants, Europe, Ibedrola
ReneSola development pipeline gets to 2.2 GW amid 'great demand' for solar in Europe
above its target of 2GW-- thanks to proceed in the United States as well as Europe, it currently intends to close 2022 at 3GW, with a considerable part of the
Mar 24, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, Poland, Europe, financial results, North America, renesola, ReneSola Power
US sanctions to redirect Chinese PV supply towards Europe, Asia
challenges – with H1 2019 exports on the up from 2018 figures – and found in Europe an avenue to offset declining sales to the US. EU countries – the
Aug 5, 2019 // Manufacturing News, Markets & Finance News, Policy, Solar, USA, India, China, Fitch, solar pv, trade sanctions, Asia, North America