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Bulgarian synthetic fibre manufacturer Yambolen [BUL: YAMB] said on Friday that its shareholders authorized its strategy to sign a 5.8 million euro ($6.6 million) contract with local PV Consult for the design and also building of a 9,998.46 kWp solar park in the community of Yambol, in the southeast of the nation.

The project at Sanda in Hyogo prefecture will certainly be mostly improved the website of an old golf course

Energy financial investment system CleanCapital has actually protected a US$ 200 million credit score facility to sustain its pipeline of distributed solar and energy storage projects.

French framework fund manager Omnes Capital has actually made an investment of an undefined quantity in Sweden's HP Solartech, a utility-scale solar project programmer with 1.2-GW pipe.

India-based industrial equipment manufacturing company Zetwerk Manufacturing has taken control of Unimacts, a US-based distributor of solar tracker and also wind turbine components, at a valuation of USD 39 million (EUR 37.2 m).

Highview Power, an international leader in long duration power storage services, has actually entered into a joint endeavor contract with Energia Latina S.A.-Enlasa, the biggest back-up power generation company in Chile, to co-develop giga-scale cryogenic energy storage projects in Chile and also various other Latin American markets.

German electrical utility Berliner Stadtwerke GmbH will set up more than 300 photovoltaic (PV) solar systems with a complete capacity of virtually 23 MW on the roofs of public buildings in Berlin by 2024.

Australian 'plug and also play' solar supplier 5B has secured AU$ 12 million (US$ 9.27 million) to increase into brand-new renewables markets.

Climate tech investments jumped 224% in Sweden and surged to $16.6 billion worldwide in Q3 2023. China led the way with $4.5 billion, followed by low-carbon energy and transport. 34 new venture capital and private equity funds are expected to inject $8.2 billion.

Summit Ridge Energy closed a USD 305 million facility to finance community-solar projects, signaling strong lender appetite for distributed portfolios.

Germany’s Encavis obtains €200 million from UniCredit to acquire a 265-MW solar portfolio in Italy from an EDP unit.

Released in May 2020, the IEA's World Energy Investment 2020 pointed to a record downturn in international power financial investment. This write-up offers an upgrade to those figures based on extra recent analysis, showing that capital expenditures throughout the energy market are anticipated to fall by 18% this year to $1.5 trillion.

Investment platform CleanCapital has bought a 51.2-MW, 64-project solar portfolio spanning 13 U.S. states from Greenbacker, lifting its distributed-generation assets beyond 450 MW.

FRV reaches financial close on 250 MW/500 MWh Gnarwarre battery near Geelong, providing grid stability and firming output from Victoria’s expanding solar portfolio.

Soltage closed a USD 525m tax-credit investment agreement to provide long-term capital support for more than 2 GW of US solar and storage projects.