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ADB finances Vietnam’s first large-scale floating solar plant
Vietnamese firm Da Nhim–Ham Thuan–Da Mi (DHD), a subsidiary of national utility EVN, has bagged a US$37 million loan from the Asian Development Bank (ADB) for a 47.5MW floating solar project that is claimed to be the first and largest such project in the Southeast Asian nation.
Oct 2, 2019 // Plants, Large-Scale, Commercial, Storage, Floating PV, ADB, Asia, solar-plus-storage, Singapore, Vietnam, floating, fpv, evn, dhd, sorsea, Christopher Thieme, Ramesh Subramaniam
Energy Vault declares 100MWh gravity storage space project in China will begin building and construction in Q2
A 100MWh gravity-based energy storage system established by Energy Vault is expected to begin building and construction in China in the second quarter of this year, the Swiss-American startup has actually claimed.
Feb 4, 2022 // Storage, China, Asia, investment, startup, Energy Vault, project news, nyse, SPAC, gravity energy storage, licensing
SES completes merger with 'Ivanhoe' to finish SPAC listing at NYSE
The Liquid Metal technology battery maker hopes to see business growth quickly. SES was founded in 2012 and also quickly became an integrated Li-Metal battery supplier with strong capabilities in material, cell, module, AI-powered security algorithms and also recycling.
Feb 7, 2022 // Storage, electric vehicle, EV, Lithium ion, acquisition, SPAC, Ivanhoe, SES, SES AI Corporation
Apollo Invests $175 Million in Summit Ridge Energy For Community Solar Projects
By the end of 2023, Summit Ridge expects to have more than 500 MW of solar and also 100 MWh of battery storage space projects on-line supplying energy savings to roughly 175,000 household as well as commercial customers. Earlier, Apollo released its Sustainable Investing Platform, which is looking to deploy $50 billion in clean energy and also climate capital over the following five years.
Jul 14, 2022 // Markets & Finance News, clean energy, Battery Storage, Renewable Energy, solar projects, summit ridge energy, Steve Raeder, Apollo, Corinne Still, clean power, Wilson Handler
Raptor Maps closes US$ 22m Series B, funds used for hiring and also product development
Solar software company Raptor Maps has closed a US$ 22 million Series B increase that will be made use of to more create its Raptor Solar software platform, created to allow utility-scale as well as commercial as well as industrial (C&I) solar companies to make better use their data.
Apr 14, 2022 // Markets & Finance News, USA, Raptor Maps, North America, Artificial Intelligence, machine learning, fundraising, maps, hiring, product development, raptor solar
Dewa to spend $11 billion on Renewable resource in Dubai
The Dubai Electricity as well as Water Authority (Dewa) introduced that it will be investing $11 billion as capital expenditure over the next 5 years. Under the Dubai Clean Energy Strategy, Dubai targets to obtain 75% of its energy requirements only from clean energy sources by 2030.
Apr 28, 2022 // Markets & Finance News, clean energy, Dubai Electricity and Water Authority, Dewa, Dubai, Renewable Energy, green energy, Dubai Clean Energy Strategy, Dubai Financial Market, EV Green Charger initiative, Saeed Al Tayer
Energy Dome releases globe's initial multi-megawatt 'CO2 Battery' project in Sardinia, Italy
Italian start-up Energy Dome has actually launched the first demonstrator project of its carbon dioxide-based energy storage space remedy, a 4MWh system in Sardinia, Italy, while also revealing Series B plans.
Jun 9, 2022 // Storage, Italy, Europe, investment, carbon dioxide, Energy Dome, renewables integration, series b
Off-grid solar attracted record US$ 450m investment last year
Financial investment in the off-grid solar industry hit a record US$ 450 million in 2021, according to the latest report from the Global Off-grid Lighting Association (GOGLA).
Jun 13, 2022 // Markets & Finance News, investment, Gogla, off-grid, equity finance, sun king, debt finannce, grants
Trina Solar begins building on huge vertically incorporated PV factory in China, eyes greater N-type manufacturing
Trina Solar has actually started building on a vast new industrial park in the central Chinese province of Qinghai that will cover practically the whole PV manufacturing chain from polysilicon manufacturing completely to modules.
Jun 22, 2022 // Manufacturing News, China, polysilicon, Asia, solar cell, silicon, wafers, Trina Solar, modules, n-type, qinghai
Canberra project REVS up Australia's vehicle-to-grid readiness
The Australian Renewable Energy Agency is putting US$ 1.66 million into a vehicle-to-grid test to show how electrical automobiles can provide grid supplementary services. The REVS research study and also market consortium wishes to show how EVs can create income for fleet owners.
Jul 8, 2020 // Storage, Transport, Solar to Fuel, Australia, Oceania, ARENA, Darren Miller
Redeux Sells 200-MWp Solar Project to Scout Clean
Redeux Energy Partners sells a groundbreaking hybrid solar-storage project in Kentucky, advancing renewable energy goals while eyeing a robust pipeline of future innovations.
Oct 17, 2024 // Plants, Large-Scale, Commercial, Storage, PV Power Plant, Redeux Energy Partners
Eiffage Wins Solar EPC Contract in Southern Spain
Eiffage SA lands a pivotal EPC contract for twin 50 MW solar farms in Seville, set to harness solar power across 165 hectares in just 15 months!
Dec 12, 2024 // Plants, Large-Scale, Commercial, Spain, Europe, Eiffage SA
EIP Boosts Stake in BayWa r.e. with €150M Investment
EIP boosts its stake in BayWa r.e. to 65%, investing EUR 150 million to revitalize the German renewables firm and secure its future in the competitive energy market.
Feb 24, 2025 // Markets & Finance News, baywa r.e., EIP
DESRI Ranger Power Secure Funds for Two Michigan Solar Farms
DESRI and Ranger Power close financing for 290-MW Heartwood and White Tail solar projects in Michigan, targeting full operation by 2025-26.
May 6, 2025 // Plants, Large-Scale, Commercial, USA, Michigan, North America, PV Power Plant, DESRI Ranger Power
BayWa r.e. Transfers 300-MW Dutch Battery Storage Project to Vopak
BayWa r.e. has sold a ready-to-build 300-MW battery project in northern Netherlands to Vopak, handing the tank-storage giant its first large-scale foothold in Europe’s energy-storage market.
May 21, 2025 // Markets & Finance News, Storage, Europe, Netherlands, baywa r.e., vopak