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Magnetar Capital secures 3GW United States solar pipe with Lendlease deal
A United States development pipeline containing 3GW solar and also 2.5 GWh of energy storage space has altered hands as asset manager Magnetar Capital acquires the renewable energy company of Lendlease.
Nov 17, 2020 // Plants, Large-Scale, Markets & Finance News, Storage, USA, UTILITY-SCALE SOLAR, North America, Craig Carson, Utility-Scale Storage, magnetar capital, vesper energy, Adam Daley
Ford Motors Signs 650 MW PPA With United States Energy Company DTE Energy
DTE will certainly raise the amount of solar energy set up in Michigan by about 70% by including 650 megawatts under its MIGreenPower initiative for Ford. Every Ford vehicle constructed in Michigan will certainly be put together utilizing the power that is 100% carbon-free by 2025, which is ten years earlier than Ford's worldwide target. By utilizing carbon-free electrical power, Ford will protect against approximately 600,000 tonnes of carbon dioxide emissions per year. The acquisition will aid Ford move closer to carbon nonpartisanship and also bring in jobs and tax money for Michigan.
Aug 15, 2022 // Markets & Finance News, clean energy, Solar Energy Industries Association, SEIA, Renewable Energy, International, green energy, dte energy, electric vehicle (EV) market, Ford Motors
Shell to obtain United States solar gamer Savion
Transaction will give company accessibility to an 18GW PV and battery pipe
Dec 14, 2021 // Plants, Markets & Finance News, Storage, USA, North America, shell, GIG, savior, Wael Sawan
Ocean Sun inks deal to deploy utility-scale floating PV plants in Greece and Cyprus
Norwegian business Ocean Sun has actually signed an agreement to offer its floating solar innovation for utility-scale floating PV projects in Greece and also Cyprus.
Mar 31, 2021 // Plants, Large-Scale, Commercial, Floating PV, Greece, floating PV, Europe, Cyprus, Ocean Sun, offshore solar, MP Quantum Group, Yiannis Alafouzos
Cero picks partners to provide 100MW Greek PV project
Ameresco Sunel Energy will certainly provide EPC services on the subsidy-free Delfini plant due online in Q3 2023
Aug 17, 2022 // Plants, Large-Scale, Commercial, Greece, Europe, ameresco, PV Power Plant, cero generation, Sunel Group
Solar cells with 30-year lifetimes for power-generating windows
A brand-new transparency-friendly solar cell style can wed high performances with 30-year approximated life times, study led by the University of Michigan has revealed. It might lead the way for windows that additionally give solar power.
Sep 15, 2021 // BIPV, Technology, USA, China, Asia, solar cell, North America, efficiency, University of Michigan, Stephen Forrest
GCL-Poly posts $141m loss in H1
The Chinese PV group recorded a loss attributable to owners of the company of roughly $141.1 million, as its solar materials division posted a loss of approximately $185.5 million.
Aug 13, 2019 // Manufacturing News, Markets & Finance News, USA, China, polysilicon, GCL-Poly Energy Holdings, Zhu Gongshan, wafers
EIB, AllianzGI Announce $100 Mn for Renewable Projects at COP27
EMCAF will certainly spend $25 million into Alcazar Energy Partners II which is a fund giving early-stage equity financing to create, construct and also operate renewable energy projects between East, North Africa, Eastern Europe as well as Central Asia. Alcazar Energy Partners II has a target size of $500 million as well as will certainly purchase onshore wind, solar photovoltaic or pv to name a few.
Nov 17, 2022 // Markets & Finance News, european investment bank, Renewable Energy, Alcazar Energy Partners II, Ambroise Fayolle, Daniel Calderon, EIB Global, EMCAF, Emerging Market Climate Action Fund, Tobias Pross
State-owned power firm to build 800MWh BESS in Poland
State-owned power firm PGE Group has gotten regulatory approval to construct a 200MW/820MWh battery energy storage system (BESS) in Poland.
Jul 21, 2022 // Storage, Poland, Europe, Asia, investment, lithium-ion, Russia, Wind Energy, renewables integration, interconnector
NextEra Energy includes 1.84 GW to renewables, energy storage backlog as earnings slides
US utility titan NextEra Energy included 1.84 GW of renewables and energy storage projects to its backlog in Q2 2021, however its Energy Resources division reported a financial loss of US$ 315 million.
Jul 26, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, North America, NextEra Energy, Jim Robo
What is Solar energy system?
A system that can capture and convert solar energy into other forms, such as electrical, thermal, or mechanical energy, and transfer it to either consumption
Sep 13, 2023
SCHMID Technology Guangdong gets minority investment from XJ Capital
Tools manufacturer SCHMID Technology Guangdong has received a "significant minority financial investment" from Chinese capitalist XJ Capital in a boost to its PV business.
Aug 26, 2021 // Markets & Finance News, Christian Schmid, schmid group, XJ Capital, Hu Bin
Bifacial Perovskite: Revolutionizing Renewable Energy
Discover how innovative bifacial perovskite solar cells could revolutionize the renewable energy landscape, delivering higher efficiency at reduced costs with potential for 10-20% more power generation than monofacial modules. Research funded by the US DOE.
Jul 18, 2023 // Technology, USA, NREL, solar cell, perovskite, North America
Renewable energy finance: Green bonds
Countries seeking to scale up renewables can draw on the bond market, including the growing range of securities dedicated to sustainable, environmentally beneficial, climate-safe project finance. Renewable energy has emerged as a major recipient of such green bond proceeds.
Jan 31, 2020 // Market Research, Green bonds
Asset manager WPO improves portfolio by 500MW
Acquisition of Kaiserwetter's German, Danish as well as Spanish operations expected to nearby the end of the month
Feb 12, 2021 // Markets & Finance News, Europe, WPO, Barthelemy Rouer, Dietrich Norbert Pals