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ReneSola Power and Eiffel IG Sign MOU for JV to Fund Solar Development in Europe
as much as 1 GW of solar projects in the following several years across Europe. Mr. Josef Kastner, CEO of ReneSola European Region, commented, "We
Jan 6, 2021 // Markets & Finance News, Europe, renesola, Yumin Liu, MoU, Solar Project, Josef Kastner, Eiffel Investment Group, Fund Solar Development, Pierre-Antoine Machelon
NSEFI Allies with SolarPower Europe For India Particular 'solar release guidelines'
National Solar Energy Federation of India (NSEFI) and SolarPower Europe have actually collectively published the most effective method standards for Engineering,
Jun 10, 2022 // Markets & Finance News, EPC, India, Walburga Hemetsberger, Asia, NSEFI, Engineering
Europe's Largest Solar Shade Plant Powers Disneyland Paris
has unveiled Europe's largest photovoltaic shade plant at Disneyland Paris, covering 20 hectares of parking space with a capacity of 36.1 MW. The project
Apr 29, 2024 // Plants, Europe, PV Power Plant
EUR 500m Fund Launched to Power Europe's Battery Revolution
the increasing demand for batteries for electric vehicles and grid storage in Europe and develop a resilient and diverse battery raw material supply chain. The
Jan 19, 2024 // Markets & Finance News, Europe, eit innoenergy, Demeter Investment Managers
Residential storage in Europe to grow 500% by 2024
European residential storage market is on track for a five-fold increase in capacity over the next five years. A confluence of rising electricity prices due to
Aug 9, 2019 // Residential, Storage, Grids, storage, Spain, Germany, Italy, Wood Mackenzie, Europe, Rory McCarthy
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
Foresight Solar Divests Australian Assets, Focuses on Europe
report, is aimed at redirecting its focus toward opportunities in the UK and Europe. In Australia, the fund's assets include 170 MW of operational photovoltaic
Sep 24, 2024 // Storage, Foresight Solar Fund
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