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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
UK Researchers to Develop Anti-soiling Coating for Solar Modules
' Soiling' triggers problems like the accumulation of dirt, dust, snow, as well as other particles on the cover glass on solar modules.
The brand-new project is anticipated to raise power outcome as well as aid the UK attain its net zero goals.
Nov 15, 2021 // Technology, UK, Europe, solar modules, Loughborough University, anti-soiling coating, Michael Walls
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
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
US ROUND-UP: Gap diversifies; 125MW PPA in MI; Military-funded space solar; Solar bees
Global retail brand Gap moved one step closer to its goal of fully renewably-powered operations by 2030 after signing a power purchase agreement (PPA) with Enel Green Power North America. It has purchased 90MW of energy from the renewables giant's North Dakota wind project for a period of 12 years.
Aug 13, 2019 // Technology, Manufacturing News, Plants, Large-Scale, Commercial, Markets & Finance News, Solar, USA, SunPower, plants, Michigan, cleanchoice energy, solar bees, Antonio Cammisecra, air force, university of toledo, solar space, upper peninsula power company, power purchase agreement, orion renewable energy group, map energy, gap, North Dakota, enel green power, the chandler solar project, North America
Big money for Turkey’s 500 MW solar factory
With the Turkish government having given Kalyon Enerji another three years to build the 500 MW facility it won a tender to construct with former partner Hanwha Q Cells, Ankara has now committed a $333 million “super incentive” to the fab.
Sep 6, 2019 // Manufacturing News, Markets & Finance News, Asia, Kalyon Enerji, Eren Engur, Hanwha Q Cells, Turkey
Trina Solar Wins First 100MW+ Contract in India for its New Vertex Bifacial Modules
Trina Solar Carbon Monoxide Ltd, a leading service provider of incorporated photovoltaic (PV) components as well as clever power remedies, has actually won an agreement from Noida-headquartered SunSource Energy to provide 105 MW of its brand-new Vertex components.
Apr 30, 2020 // Manufacturing News, Markets & Finance News, India, Asia, Trina Solar, bifacial modules, Adarsh Das, Helena Li, Kushagra Nandan, SunSource Energy, Vertex Modules
IFC, EBRD, and also EU to Support First Solar Project in Armenia
IFC, EBRD and also the EU have joined to sustain the advancement of the first utility-scale solar energy plant in Armenia, the 55 MW Masrik Solar Project.
Jul 16, 2020 // Plants, EBRD, Europe, Armenia, ifc, EU, International, solar projects, Mikel de Irala, IFC EBRD EU Armenia Solar, Cheryl Edleson Hanway
Al Dhafra Solar Project, Abu Dhabi
Al Dhafra solar project is a 2GW photovoltaic (PV) independent power manufacturer (IPP) project, which will be situated in Al Dhafra area, around 35km south of Abu Dhabi City in the United Arab Emirates (UAE).
Aug 17, 2020 // Plants, Large-Scale, Commercial, pv power plants, Asia, United Arab Emirates
Floating solar presentation project to be installed off Seychelles' coastline
A floating photovoltaic or pv presentation project is expected to be installed off the shore of Seychelles' Providence Industrial Estate.
Aug 31, 2020 // Plants, Large-Scale, Commercial, Floating PV, solar pv, floating PV, Swimsol, Nordic Development Fund, Energy Solutions Seychelles, Providence Industrial Estate, UniSey, NISTI
Egypt Plans 1GW Rooftop Solar for Factories
Egypt’s rooftop solar push targets ~1 GW across 7,000 factories, easing grid strain and cutting costs. Planned by Prime Minister Madbouly, it supports fast industrial decarbonisation.
May 12, 2026 // Plants, Rooftop PV, clean energy, Asia, Africa, Egypt, rooftop solar, energy transition, Renewable Energy, industrial solar
Saudi Arabia Launches World's Largest Solar Microgrid Project
Discover Saudi Arabia's groundbreaking solar-storage microgrid, powering the stunning Red Sea Project—an eco-friendly paradise with 50 hotels, all fueled by clean energy by 2030!
Aug 21, 2024 // Grids, Saudi Arabia, Asia, PV Power Plant
Masdar Accelerates Solar and Battery Initiatives in Egypt
Egypt embraces a renewable revolution as Masdar secures approval for groundbreaking solar and energy storage projects, aiming for a brighter, sustainable future with up to 4 GW potential growth.
Aug 23, 2024 // Storage, Masdar, Asia, Africa, Egypt
Nexans Invests €15M to Boost Cable Production Capacity
Nexans SA invests €15 million to boost medium-voltage cable production in France, enhancing efficiency and meeting the booming demand for renewable energy solutions by 2026.
Aug 30, 2024 // Manufacturing News, Nexans SA, Cable