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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
Queensland's Massive 800-MW Solar Project Gets Green Light
Skylab's Punchs Creek Solar Farm in Queensland to power 300,000 homes with green electricity, supporting Australia's renewable energy goals.
May 14, 2024 // Plants, Large-Scale, Commercial, queensland, 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
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
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
Alabama Power, Mercedes Benz get green light on 80-MW solar project
Alabama Power and Mercedes Benz U.S. International (MBUSI) obtained authorization today from the Alabama Public Service Commission for the recommended 80-MW Letohatchee Solar Project in Lowndes County, south of Montgomery.
Dec 8, 2021 // Plants, USA, North America, Solar Project, Alabama Power, Mercedes Benz U.S. International, MBUSI, Mark Crosswhite
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
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
New Jersey Resources to issue US$150m green bond for 50MW of solar
Energy provider New Jersey Resources (NJR) is selling US$150 million of green bonds to finance six commercial solar plants with a combined capacity of 50MW.
Aug 6, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, New Jersey, solar pv, ssfusa, green financing, new jersey resources, financial results, clean energy ventures, North America
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
Iberdrola signs its biggest green funding worth EUR1 B with Banco Santander
The funds will be used primarily to finance Iberdrola's orders to distributors of generators for offshore and onshore wind farms for Iberdrola's projects in Spain, Poland, Greece, Germany and the UK.
Apr 28, 2022 // Markets & Finance News, Iberdrola, Banco Santander, green loan, Export Credit Agency, ECA
Oil major uses COP spotlight to unveil net-zero ambitions
Spain’s former oil monopoly has pledged to reach net-zero emissions by 2050 but admitted that current technologies would only be able to achieve "at least 70%" of that goal.
Dec 3, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Europe, energy transition, cop25, repsol, big oil, net-zero, offset
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
Adani Green Energy subsidiary payments solar plant in Gujarat, India
Adani Solar Energy Kutchh One has commissioned a 150MW AC solar energy project in the Indian state of Gujarat.
Jan 21, 2021 // Plants, India, Asia, Solar Project, Adani Solar, Vneet Jaain