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Major polysilicon and wafer manufacturer GCL-Poly Energy Holdings verified the completion of its granular silicon facility as well as, in a significant turnaround of its lot of money in 2020, is expecting RMB5.4 billion (US$ 850 million) in net profit for 2021, according to a business statement.

Project funding center CrossBoundary Energy Access (CBEA) has elevated US$ 25 million to finance solar energy mini-grids in Africa.

QuantmRE, a property fintech company, has formed a strategic partnership with Florida-based SolArmy to offer debt-free funding choices to home owners who desire to include photovoltaic panels to their residences with no lendings as well as no monthly settlements.

Saudi renewables designer ACWA Power on Wednesday introduced that it has actually authorized final contracts related to its 200-MW Kom Ombo solar photovoltaic (PV) project in Egypt.

Israeli business Enlight Renewable Energy (TLV: ENLT) and NewMed Energy (TLV: NWMD), previously referred to as Delek Drilling, have signed up with hands to implement renewable resource projects in several countries between East as well as North Africa.

Intro Power and also Utilities will construct a 20-MW solar plant to power a cement production site of Suez Cement Group of Companies in northeast Egypt.

Corporate power purchase agreement for energy from Larport will certainly assist decarbonise the bank's operations

Luxcara and Bayerische Landesbank shine bright with 316MW solar portfolio in Denmark, a major step towards a sustainable future in Northern Europe.

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.

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.

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.

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.

Australian mineral explorer Southern Gold Limited (ASX: SAU) unveiled an offer to acquire battery innovation firm Iondrive Technologies Pty Ltd (IDT) which has a tactical collaboration with the University of Adelaide to commercialise power storage space innovations.

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.

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.