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ADB leads US$ 186 million funding for Vietnam solar plant
The Asian Development Bank (ADB) is joining a US$ 186 million financing for a solar plant in Vietnam, in a bargain which includes the initial environment-friendly B car loan in Asia. The funding comprises a US$ 27.9 million loan funded by ADB, as well as a US$ 148.8 million syndicated financing (B financing) moneyed by industrial banks with ADB as loan provider of record, plus a US$ 9.3 million funding from Leading Asia's Private Sector Infrastructure Fund (LEAP).
Oct 13, 2020 // Markets & Finance News, Asia, Vietnam, Asian Development Bank, JackiecSurtani, Dang Trung Kien
International storage market 'established for boom'
BNEF forecasts 358GW/1028GWh by the end of 2030 driven by the United States and China
Nov 15, 2021 // Storage, USA, BNEF, China, Europe, Asia, North America, GLOBAL
SunCable's 14 GW Plan Inches Ahead With Move for Solar Mfg Plant in Darwin
Sun Cable, the Singapore-based consortium dealing with the world's largest power infrastructure project, aka the $22 billion Australia-ASEAN Power Link (AAPL), disclosed today that it had actually lodged an application with the Northern Territory's Growth Approval Authority for a facility in the region's capital, Darwin.
Apr 6, 2021 // Manufacturing News, Markets & Finance News, Sun Cable, International, Solar Project, David Griffin, AAPL, Suncable
South Korea Counts On Floating Solar To Overcome Land Scarcity
Floating solar farms utilize solar panels that are affixed to plastic floats, which then drift on a body of water. These floating solar arrays are generally placed on man-made bodies of water-- a town's water reservoir, an irrigation reservoir, a water therapy facility.
Mar 8, 2022 // Floating PV, South Korea, Asia, International, Scotra, floating solar plants, hydroelectric systems, reservoirs
Tesla Nears Setting-up Electric Vehicle & Battery Factory in Indonesia
What was a simple speculation for lengthy has now been confirmed by the Investment Minister of Indonesia, Bahlil Lahadalia. Based on reports, the construction could start by the end of this year.
May 24, 2022 // Storage, TESLA, Elon Musk, Asia, Indonesia, electric vehicle, EV, Bahlil Lahadalia, clean mobility, Model 3 of Tesla
Dominion Energy recommends 1 GW of solar + storage projects in Virginia
In its second yearly clean energy declaring with the Virginia State Corporation Commission (SCC), Dominion Energy Virginia has proposed a group of brand-new solar and energy storage projects in Virginia to offer its clients.
Sep 17, 2021 // Plants, Storage, USA, Dominion Energy, North America, PV Power Plant
Electrolux, SolarizEgypt to Cooperate In Solar Sector in Egypt
According to the official statement, the pact includes various phases. Electrolux will employ the renewable energy to produce cleaning devices, refrigerators, Delta electrical water heaters, and stoves.
Jul 25, 2022 // Plants, Large-Scale, Commercial, Delta, Renewable Energy, Ashraf El Bahwash, Electrolux, Maysam El Hennawy, SolarizEgypt, Yassin Abdel Ghaffar
Green Banks Obtain $27 Billion Windfall to Lend Where Others Don't.
Much of the cash will certainly go to bringing photovoltaic panels, heatpump as well as other clean energy infrastructure to communities that standard investors pass over.
Sep 1, 2022 // Rooftop PV, USA, North America, Green Banks, Lynn Heller
Clime Capital Backs Philippine Solar Firm with $10M Investment
Clime Capital invests $10 million in UGEP to supercharge solar energy in the Philippines, aiming for 700 MW of clean power by 2028. Bright days ahead!
Sep 11, 2024 // Plants, Large-Scale, Commercial, Asia, Philippines, PV Power Plant, Clime Capital
Snowbound Solar Sends German Power Prices Soaring
Arctic blast snows Germany’s solar, slicing output to 6.9 GW as wind falters and demand surges; prices rocket—imbalance fees >€1,000/MWh, day-ahead hits €154/MWh.
Jan 8, 2026 // Markets & Finance News, Germany, Europe
Solarium Green Adds 1-GW Indian Solar Module Capacity
Solarium Green’s 1‑GW India factory powers self‑reliance—cutting imports, speeding deliveries and stabilizing prices—with bankable, tested modules EPCs trust for tight CODs, hybrid growth and nationwide scale.
Mar 19, 2026 // Manufacturing News, manufacturing, India, Asia, solar modules, supply chain, Solarium Green
Secure Solar Futures sets up 313-kW array atop Virginia homeless shelter
This month, CARITAS started powering its one-of-a-kind healing and homeless solutions facility in Richmond, Virginia, with solar power.
Dec 6, 2022 // Plants, CARITAS, Secure Solar Futures, Ryan McAllister, Karen Stanley
African Infrastructure Gets Boost From $12 Billion Climate Fund
GCF commits $253.7 million to AFC Capital Infrastructure Fund Equity financial investment is largest made by GCF in Africa to date
Mar 21, 2023 // Markets & Finance News, Africa, gcf, AFC Capital Infrastructure Fund
Ørsted Unveils 320-MW Solar Farm Plans in UK
Ørsted A/S unveils plans for a 320-MW solar farm in East Riding, reinforcing the UK’s renewable energy future and commitment to sustainability. A bright step towards greener horizons!
Jan 22, 2025 // Plants, Large-Scale, Commercial, UK, Europe, PV Power Plant, Ørsted A/S
Various joint ventures complete 195MW of PV projects in Egypt’s Benban
A joint venture between Elsewedy Electric and EDF, along with Scatec Solar and its respective partners, have both commissioned PV projects near Benban, Egypt with a combined generation capacity of 195MW.
Aug 20, 2019 // Plants, Large-Scale, Commercial, Scatec Solar, EDF, Asia, Africa, Elsewedy Electric and EDF, Benban, Egypt, Ahmad El Mokadem