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Meyer Burger to Build 2GW Solar Cell Factory in CO
Meyer Burger Technology AG announced the construction of a 2-GW solar cell production facility in Colorado Springs, creating 350 jobs and offering tax credits and discounted rates. The company is receiving prepayments and a loan, and will adjust sales and marketing to cope with the challenging EU solar market. Initial EBITDA figures show a loss of EUR 42 milllion.
Jul 24, 2023 // Manufacturing News, USA, solar cell, meyer burger, North America
Masdar & Ethiopia: 500 MW Solar Partnership
Masdar is partnering with Ethiopia to bring 500 MW of solar power capacity to the country, part of the UAE's Etihad 7 program, in an effort to improve access to clean energy in Africa. Masdar is also investing in renewable energy projects in Angola, Uganda, and Zambia.
Aug 25, 2023 // Plants, Masdar, Asia, UAE, Ethiopia 7
INVL’s EUR 4.5m Renewable Bond
INVL Renewable Energy Fund I has raised EUR 4.5 million in its maiden public bond sale in Lithuania, attracting 250+ investors with an interest rate of 10% and a two year maturity. The proceeds will go towards solar projects in Poland and Romania, estimated to cost up to EUR 350 million.
Sep 19, 2023 // Markets & Finance News, Europe, INVL Renewable Energy
600MW Solar Park in Queensland Gets Gov't Green Light
Edify Energy has been granted federal approval for a 600-MW solar project in Queensland, providing enough energy to power 200,000 homes and up to 350 jobs. Project funding is now being sought before construction can begin with strict environment conditions in place to protect the natural landscape.
Oct 2, 2023 // Plants, Large-Scale, Commercial, queensland, Edify Energy, PV Power Plant, Solar Park
SB Energy Funds 1.3GW Solar Portfolio with IRA Domestic Content
SB Energy Global secures $2.4bn to finance 1.3GW US solar projects, creating good-paying jobs and driving clean energy deployment. Domestic content adder provisions in the Inflation Reduction Act fuel US manufacturing.
Dec 1, 2023 // Markets & Finance News, USA, North America, sb energy
BNDES: Investing in Brazil's 902MW Solar Complex
BNDES invests USD-447.8M to build 902 MW solar complex in Janauba, powering 3 million people while offsetting 2.4 million tonnes of CO2. Albras offtakes power with 21-year PPA, part of Brazil's new PAC.
Dec 1, 2023 // Markets & Finance News, BNDES, Janauba
Denmark's Luxcara Solar Trio: 316MW FID Achieved
Luxcara and Bayerische Landesbank shine bright with 316MW solar portfolio in Denmark, a major step towards a sustainable future in Northern Europe.
Apr 9, 2024 // Plants, Large-Scale, Commercial, Europe, Denmark, Luxcara
Faria Secures €28M Loan for Greek Battery Project
Faria Renewables secures €28M for Thessaloniki battery project, boosting Greece's renewable goals with 49.9-MW storage by 2025.
Jul 22, 2025 // Storage, Greece, Europe, Faria Renewables
South Africa's Eskom Program $7.2 B Investment in Wind & Solar
South African power utility Eskom Holdings SOC Ltd. is preparing to spend 106 billion rand, or $7.2 billion, in wind as well as solar energy by the end of the decade. Eskom, which makes up two-fifths of the nation's greenhouse gas outcome, may execute its strategy either individually or through a collaboration.
Aug 31, 2021 // Markets & Finance News, Africa, South Africa, Gwede Mantashe, Eskom Holdings SOC Ltd, Cyril Ramaphosa, Andre de Ruyter
Nuru Seeks $300 Million for Mini-Grids in Power-Starved Congo
Series B round to raise $60 million, Series C $90 million Company is backed by UK Agency REPP, IFC and Proparco
Apr 5, 2023 // Markets & Finance News, Grids, Africa, Nuru, Congo
Voltalia, IFC Team to Decarbonize Africa’s Mines
Voltalia and IFC power Africa’s mines with solar, wind and batteries—replacing diesel and coal to cut costs, boost reliability, and accelerate net-zero, country by country.
Oct 17, 2025 // Plants, Large-Scale, Commercial, Voltalia, ifc, Africa
OYA Solar expands solar development services to Pennsylvania
OYA Solar, a North American full-service solar developer, has launched development operations in Pennsylvania.
Jan 13, 2020 // Manufacturing News, Markets & Finance News, USA, Pennsylvania, North America, OYA Solar
Iraqi Kurdistan resorts to solar to minimize power lacks
A 2MW pilot job is now being established in the Governorate of Duhok. The job was funded with $2 million by the European Union.
Feb 6, 2020 // Plants, Large-Scale, Commercial, Asia, Iraq, UNDP, Zena Ali-Ahmad
Brazil removes import tasks for cells, modules, inverters as well as trackers
The Brazilian government has actually u-turned over solar equipment import obligation by introducing an action to get rid of the 12% levy for 101 kinds of module plus some inverters and also trackers. Head Of State Jair Bolsonaro had vetoed a similar proposition by the Senate as well as House of Representatives in November, specifying it would be also pricey.
Jul 22, 2020 // Policy, South america, Brazil, jair bolsonaro, Amerisolar
Innova Energy counts on NatWest for ₤ 30 million UK solar refinancing
Innova Energy has actually refinanced its 57MW portfolio of UK rooftop and ground-mounted solar PV.
Sep 23, 2020 // Markets & Finance News, UK, Europe, Innova Energy, Andrew Kaye