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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 21, 2019 // Plants, Large-Scale, Commercial, Scatec Solar, EDF, Asia, Africa, Benban, Egypt, Ahmad El Mokadem, elsewedy
Dutch government seeks to privatize Tennet
Tennet needs more than €4.75 billion to invest in cross-border grid infrastructure between Germany and the Netherlands, as rising volumes of solar and wind are complicating network operations, said Dutch Finance Minister Wopke Hoekstra in a recent letter to the Dutch parliament, adding that the government may need to privatize the state-owned transmission system operator or sell off a stake in it.
Sep 16, 2019 // Markets & Finance News, Germany, Europe, Netherlands, Tennet, Wopke Hoekstra
Mercedes Benz Acquires Stake in Battery Cell Manufacturer Farasis
Mercedes-Benz has developed a calculated collaboration with the Chinese battery cell supplier Farasis and also is also taking an equity risk in the company.
Jul 3, 2020 // Markets & Finance News, Storage, finance, EV, Mercedes-Benz, Battery Cell, EV Battery, Farasis, Markus Schäfer, Mercedes Benz Farasis
Multilateral lenders finance Armenia's biggest PV plant
It has actually been 2 years because Fotowatio Renewable Ventures won the bid to create the 55 MW site as well as with money ultimately protected, the construct can proceed.
Jul 16, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, tender, Europe, Armenia, PV Power Plant, Mikel de Irala, Andrea Wiktorin
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
Saudi Arabia Unveils 4.5 GW Renewable Energy Tender
Saudi Arabia accelerates its green revolution, launching a tender for 4.5 GW of solar and wind projects, aiming for 50% renewable energy by 2030. Bright future ahead!
Sep 25, 2024 // Markets & Finance News, Saudi Arabia, tender, Asia
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
Schneider Picks ACEN to Green Cavite Factories
Schneider Electric taps ACEN to power five Cavite sites with 100% renewables via GEOP—Luzon eco-zone first, 11,600t CO2 avoided—setting a scalable corporate PPA blueprint for Southeast Asia.
Jan 7, 2026 // Plants, Asia, Schneider Electric, Philippines, ACEN
PV to drive renewables investing growth in 2021 however complete investment far from net no path-- IEA
Renewables are readied to make up 70% of international financial investment in new power generation capacity this year with solar PV leading the development, but investing on clean energy have to increase much more swiftly if the world is to fulfill its environment objectives.
Jun 2, 2021 // Markets & Finance News, solar finance, IEA, energy transition, solar investment, covid-19 recovery, International Energy Agency
Construction starts on 9-MW solar project under new TVA distributed generation program
BrightRidge, Silicon Ranch and also the Tennessee Valley Authority (TVA) broke ground Tuesday morning on a brand-new solar farm in western Washington County, Tennessee. The 9-MWac center will certainly be called the Martin Solar Farm in honor of the late Ralph Martin, that served for years as supervisor of the neighborhood power firm.
Jun 9, 2021 // Plants, USA, North America, Silicon Ranch, tva, Solar Project, Doug Perry, Tennessee Valley Authority, BrightRidge, Jeff Dykes, Matt Kisber, Diana Harshbarger
California firm contracts ‘astoundingly’ cheap solar-plus-storage pipeline
The US state of California has witnessed yet another claim of ultra-low solar prices, recorded in the context of a major contracting exercise by a community energy group.
Oct 1, 2019 // Plants, Large-Scale, Commercial, Storage, Tariffs, California, USA, Nick Chaset, EBCE, sPower, pv power plants, solar-plus-storage, BESS, North America, 8minutenergy, terra-gen, 8minute Solar Energy
Promising soiling mitigation solutions should not be left to gather dust
A study has estimated the cost of PV project soiling may increase from €3-5 billion last year to €4-7 billion by 2023 due to more extensive deployment in high insolation and soiling-affected regions, such as China and India. The authors of the paper outlined the potential of soiling mitigation technologies while stressing more R&D is needed to reduce costs and for the adoption of such measures on a larger scale.
Oct 25, 2019 // Technology, Manufacturing News, Plants, Large-Scale, India, China, Asia, coating materials, soiling
Biggest US Solar Project Cancelled On Aesthetic Grounds
The cancellation notes the biggest pushback to a solar project in the United States till date. Local resistance to projects is not distinct to the United States, and is a concern in higher population locations like India as well.
Jul 27, 2021 // Plants, USA, North America, arevia power, International, Solar Project
ACWA Power to Go Public, Expected to Drive RE Boom in Saudi Arabia
The power manufacturer, which will certainly be 44% had by Saudi Arabia's sovereign wide range fund after the IPO, said it'll offer shares at 56 riyals ($14.93) each after institutional part of the offering finished. It will certainly elevate $1.2 billion for ACWA as well as value the firm at $10.9 billion.
Oct 8, 2021 // Markets & Finance News, Saudi Arabia, IPO, Asia, ACWA Power, initial public offering, Saudi Stock Exchange