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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
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
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
Australian Solar Developer's Modular Solar Tech to Power Lithium Mine Project
The 5B Maverick technology is a ground mount solar remedy created to be safer, much more affordable as well as much faster to deploy for offgrid, business and commercial, as well as large-scale solar power generation.
5B will be setting up solar PV for the 95 MW hybrid microgrid in the Kathleen Valley Lithium project.
Feb 8, 2023 // Plants, Large-Scale, Commercial, microgrid, Solar Project, ground mount solar, Zenith Energy, Hamish Moffat, Kathleen Valley Lithium, Liontown Resources, solar racking solutions
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
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
Edify Energy Proposes 250-MW Solar Park in Victoria
Edify Energy proposes a groundbreaking 250-MW solar park in Victoria, promising sustainable power for 93,000 homes while preserving land for agriculture. Clean energy is on the horizon!
Oct 22, 2024 // Storage, Victoria, Edify Energy, Solar Park
NextEnergy Capital Acquires 18.5-MW Solar Project
NextEnergy Capital boosts its portfolio with the 18.5-MW Llanwern solar farm, marking a significant step in sustainable energy investment and reaffirming its commitment to renewable growth.
Nov 15, 2024 // Markets & Finance News, PV Power Plant, NextEnergy
Masdar Consortium Secures Major 2-GW Saudi Solar Project
A groundbreaking solar alliance secures rights for Saudi Arabia's 2-GW Al Sadawi project, marking a key step toward the Kingdom's renewable energy goals by 2030.
Nov 19, 2024 // Plants, Large-Scale, Commercial, Masdar, Solar Project, Saudi
Convergent Secures Financing for Solar and Storage Expansion
Convergent Energy secures $150 million from MUFG to supercharge solar and energy storage projects, advancing sustainable solutions across North America with impressive growth plans.
Dec 12, 2024 // Markets & Finance News, North America, Convergent Energy
