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Sep 24, 2020
EIB backs new USD-500m renewables fund for emerging markets
The European Investment Bank (EIB) on Monday announced commitments of USD 100 million (EUR 97m) to Alcazar Energy Partners II, a fund that will invest in renewable resource projects in the Middle East, North Africa, Eastern Europe and also Central Asia.
Nov 14, 2022 // Markets & Finance News, eib
Tesla achieves $420 stock price and obtains $1.4bn loan for China-based fab
The current year is finishing positively for the American EV pioneer, bringing it a share price growth and a new investment in its outside-US manufacturing facility.
Dec 30, 2019 // Markets & Finance News, Policy, USA, TESLA, China, Asia, North America
Chile reveals auction for 2,310 GWh of power as well as storage space
Chilean authorities have revealed strategies to carry out an auction next year, looking to acquire 2,310 GWh of eco-friendly power from generation and also storage.
Nov 24, 2020 // Plants, Large-Scale, Markets & Finance News, Storage, EDP, Engie, Enel, Chile, South america, auctions, Solarpack, tenders
Canada's nationwide 'Growth Plan' could invest in 250MW/ 1,000 MWh Ontario battery storage project
A plan to invest CA$ 2.5 billion (US$ 1.97 billion) in the tidy power economic climate by the Canada Infrastructure Bank might cause involvement in one of the globe's most significant battery energy storage space projects thus far.
Jan 19, 2021 // Markets & Finance News, Storage, Canada, North America, Canada Infrastructure Bank, Annette Verschuren, Ehren Cory, Justin Wahid Rangooni, Justin Trudeau
Karatzis Group Solar Deal Powers Mytilineos in Greece
Mytilineos SA secures long-term power supply with Karatzis Group, powering 97,000 homes with solar energy in Greece.
Apr 3, 2024 // Plants, Large-Scale, Commercial, Greece, Europe, Mytilineos SA, Karatzis Group
ReneSola offers 15.4 MW solar parks in Romania to Alternus for 24 mln euro
US-based solar energy project developer ReneSola Power claimed on Thursday that it has finished the sale of 2 ground-mounted solar parks in Romania with a total capacity of 15.4 MW to European independent power producer (IPP) Alternus Energy Group for 24 million euro ($28.35 million).
Mar 25, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Europe, Yumin Liu, Romania, solar parks, ReneSola Power
Shining Light on Perovskites: X-rays Unlock Solar Cell Stability
Scientists at APS used X-rays to study ion movement in perovskite crystals under UV radiation. Understanding this can improve stability, potentially achieving a 20-30 year solar cell lifetime and outperforming other solar cells.
Jan 24, 2024 // Technology, USA, solar cell, North America, doe, Argonne National Laboratory
Solar electricity can retail for $0.027-0.036/KWh as renewables close in on global grid parity
The latest figures released by BloombergNEF show new solar and onshore wind power plants have reached parity with average wholesale prices in California, China and parts of Europe. The technologies are winning the race to be the cheapest sources of new generation for two-thirds of the world’s population.
Nov 1, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, California, USA, India, China, Australia, Chile, South america, Europe, Asia, Oceania, North America
ACWA Power inks financing deal for 200MW Egyptian solar
$ 123m package includes loans of approximately $36m from the EBRD as well as $14.6 m from the OPEC Fund
Apr 25, 2023 // Markets & Finance News, Asia, Africa, Egypt, ACWA Power
NTPC, Energy Vault sign MoU for gravity-based energy storage tech
The objective of the MoU is to collaborate and formalize a long-term strategic partnership for the release of Energy Vault's EVx ™ gravity-based energy storage technology and software solutions based upon the outcome of a joint feasibility study.
Apr 27, 2022 // Storage, Software, India, Asia, Gurdeep Singh, Memorandum of Understanding, Energy Vault Holdings, gravity-based energy storage, NTPC Limited
IWB purchases Swiss solar installer Kunz-Solartech
Swiss utility IWB claimed on Wednesday it is getting local solar systems solid Kunz-Solartech GmbH to strengthen its setting in the growing market for photovoltaic systems in Switzerland.
May 19, 2023 // Markets & Finance News, Europe, Switzerland, IWB, Kunz-Solartech
Elsewedy Completes 349-MWp Saudi Solar Project
Elsewedy Electric energizes its first Gulf solar milestone: the 348.6‑MWp El Saad plant near Riyadh enters O&M, backed by Saudi Power Procurement Company offtake and a new 33/132 kV substation.
Mar 11, 2026 // Plants, Large-Scale, Commercial, Saudi Arabia, Asia, PV Power Plant, Elsewedy Electric
AfDB approves €138 million package for Tunisian grid
The African Development Bank’s (AfDB) board of directors have approved a €138 million (US$154 million) investment for Tunisia’s state-run electricity distribution network.
Oct 17, 2019 // Plants, Large-Scale, Commercial, Grids, Tunisia, Africa, African Development Bank, tunisian electricity and gas company, Mohamed El Azizi
Sun Pacific Holding gets land for 1.2-GW solar manufacturing facility in Alabama
US solar panels as well as clever city remedies company Sun Pacific Holding Corp (OTC: SNPW) has actually carried out a contract to obtain surface in Elba, Alabama, as part of a plan to build a 1.2-GW solar panel production and clean power generation plant.
Apr 6, 2023 // Manufacturing News, Markets & Finance News, USA, Alabama, North America, Sun Pacific Holding









