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Uzbekistan releases most current tender for 500MW of solar
Uzbekistan has started the request for certification phase for a solar tender that will support three projects totalling up to 500MW, including one combined with a battery energy storage space system.
Sep 3, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, tender, auctions, Asia, solar-plus-storage, world bank, Uzbekistan, tenders
Luxcara shuts financing for 171MW German PV
UmweltBank supplying funding to the under-construction Tramm-Gothen project
Jan 7, 2022 // Markets & Finance News, Germany, Europe, Luxcara, solar farm, Umweltbank, Alexandra von Bernstorff, Goran Basic
GCL-Poly confirms completion of its granular silicon facility, anticipates US$ 850m net profit in 2021
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.
Jan 25, 2022 // Manufacturing News, Markets & Finance News, China, Asia, silicon, LONGi, GCL-Poly, granular silicon
kWh Analytics raises US$ 20m for company growth, introduces new insurance coverage item
Solar asset insurance company kWh Analytics has actually elevated US$ 20 million for business growth and also establishing extra services to sustain solar and also energy storage asset proprietors.
Feb 16, 2022 // Markets & Finance News, capital raise, kWh Analytics, fundraising, Richard Matsui
CrossBoundary Energy Access protects US$ 25m to power mini-grids in Africa
Project funding center CrossBoundary Energy Access (CBEA) has elevated US$ 25 million to finance solar energy mini-grids in Africa.
Jun 17, 2022 // Markets & Finance News, Microsoft, Africa, crossboundary, CrossBoundary Energy Access, debt funding
Safari Energy Offers New Solar Financial Solution
New York City-based solar partner Safari Energy has launched a new solar financial solution.
Jul 30, 2019 // Technology, USA, New York, John Nordeman, Safari Energy, PPL Corp, Triox Capital, SunEdison, North America
Safari Energy Offers New Solar Financial Solution
New York City-based solar partner Safari Energy has launched a new solar financial solution.
Aug 1, 2019 // Markets & Finance News, Solar, USA, New York, Solar, John Nordeman, Safari Energy, Matt Rudey, PPL Corp., North America
GCL-Poly generates another $349m towards paying down debt
The polysilicon maker has turned a quick $160 million profit from the sale of its stake in a fund it paid $189 million to establish just five months ago. The heavily indebted manufacturer needs to raise funds to pay for its production capacity expenditure.
Sep 9, 2019 // Manufacturing News, Markets & Finance News, polysilicon, Jiangsu Zhongneng Polysilicon Technology Development Co Ltd, GCL-Poly, Xinjiang GCL New Energy Technology Technology, Energy Holdings Ltd, Hua Neng Group Hong Kong Ltd
QuantmRE, SolArmy Partner to Provide Debt-Free Financing for Solar Installations
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.
Sep 23, 2020 // Markets & Finance News, QuantmRE, SolArmy, Nizar Delbani
Suez Cement to power Egyptian site with 20-MW solar plant
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.
Nov 1, 2022 // Plants, Large-Scale, Commercial, PV Power Plant, Intro Power, Suez Cement
Conrad Energy, BNP Paribas sign UK solar PPA
Corporate power purchase agreement for energy from Larport will certainly assist decarbonise the bank's operations
May 9, 2023 // Markets & Finance News, UK, PPA, Europe, BNP Paribas, Conrad Energy
Southern Gold inks deal to purchase battery innovation firm IDT
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.
May 31, 2023 // Markets & Finance News, Storage, Southern Gold Limited
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