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Enel sees 2020 EBITDA unmodified, incomes down 19.1%.
Italian energy giant Enel SpA (BIT: ENEL) on Thursday released initial results for 2020, showing that, at EUR 17.9 billion (USD 21.4 bn), regular EBITDA stayed unchanged contrasted to the exact same period a year prior.
Feb 8, 2021 // Markets & Finance News, Italy, Enel, Europe, EBITDA
Renewables profits increase at Iberdrola
New capability as well as procurements improve EBITDA by 8.4% for 2020
Feb 24, 2021 // Markets & Finance News, Spain, Iberdrola, Europe, Ignacio Galan, EAST ANGLIA 1
Software firm Clir Renewables elevates US$ 22.4 m to target Europe and North America
Renewable energy software firm Clir Renewables has actually increased CAD$ 27 million (US$ 22.4 million) to expand its organization operations in Europe as well as North America.
Jun 1, 2021 // Markets & Finance News, Software, Europe, North America, asset intelligence software, canada pension plan investment board, Artificial Intelligence, investment fund, software platform, clir renewables, pension funds, Gareth Brown
IKEA and also Rockefeller team up to release US$ 1 billion dispersed power campaign
Retail giant IKEA and also the Rockefeller Foundation have today introduced the production of a US$ 1 billion campaign to catalyse financial investments in distributed renewable energy (DRE).
Jun 22, 2021 // Markets & Finance News, investment, ikea, rockefeller foundation, Distributed Energy, Per Heggenes
Finland's Fortum to divest 500MW of Indian solar possessions to Actis
Finnish utility Fortum has secured a deal to unload two solar projects in India totalling 500MW of capability to private equity firm Actis.
Jun 23, 2021 // Plants, Markets & Finance News, India, Asia, Actis, Rajasthan, Fortum, karnataka, utility, project acquisition
NextEnergy Capital sells 150MW Italian solar portfolio to Tages
European solar investor NextEnergy Capital (NEC) has actually sold a 150MW portfolio of Italian solar assets to Rome-headquartered financial investment group Tages.
Jan 12, 2022 // Markets & Finance News, Italy, Europe, nextenergy capital, SFIE2022, tages
ReNew Power markets roof solar portfolio for US$ 90m to focus on utility-scale PV
Indian independent power producer (IPP) ReNew Power has actually marketed its 117MW roof solar portfolio as part of a strategy to enhance its focus on utility-scale PV.
Jan 28, 2022 // Markets & Finance News, Rooftop PV, IPP, India, Asia, ReNew Power, Independent Power Producer, acquisition, Fourth Partner Energy
EIB providing car loans to speed up release of 430MW of renewables in Spain as well as Portugal
The European Investment Bank (EIB) will certainly support the addition of 430MW of solar PV as well as wind in Spain and also Portugal with a EUR100 million (US$ 114 million) financing offer.
Feb 8, 2022 // Markets & Finance News, Spain, Portugal, Europe, european investment bank, eib, loan
Korea's SK E&S to spend approximately USD 400m in US renewables platform REV.
SK E&S Co Ltd, part of South Korean commercial empire SK Group, has actually consented to invest up to USD 400 million (EUR 345m) in REV Renewables LLC, a device of LS Power that gets, establishes as well as operates renewable energy and battery storage space properties.
Oct 18, 2021 // Markets & Finance News, USA, Asia, Korea, North America, SK E&S, platform REV
160-MW Virginia solar project will certainly support Facebook information centers
Social media giant Facebook authorized a power acquisition arrangement on a 160-MWAC solar center that will be constructed in Chesterfield County, Virginia. Chester solar will sustain Facebook's data centers in the region, including the Henrico Data Center in Eastern Henrico County.
Oct 25, 2021 // Plants, USA, North America, DESRI, Solar Project, D.E. Shaw Renewable Investments, Hy Martin
RES designates two new divisional CEOs to lead development technique
Renewables designer and O&M supplier RES has actually appointed two new chief executives to bait its development plans.
Nov 23, 2021 // Markets & Finance News, EPC, O&M, Australia, Europe, Oceania, res, project development, Marco Perona, Rachel Ruffle
French solar-plus-storage biz Ze Energy raises EUR-40m in B round
France's Ze Energy, an independent power producer (IPP) specialising in solar-plus-storage projects, has elevated EUR 40 million (USD 45.1 m) in Series B round to improve its service and get in new markets.
Nov 26, 2021 // Plants, Markets & Finance News, Storage, France, Europe, solar-plus-storage, Ze Energy, Mathieu Lassagne
EnergyLink3 and C4V develop cobalt-free lithium battery for use on agricultural solar projects
Energylink3 has developed a less toxic lithium battery storage space system for use in farming and also eco sensitive areas to store power from farm-based as well as rural solar arrays. EnergyLink3 batteries will be made in New York at a previous IBM university by C4V as well as iM3, which has been sustained by a $13.25 million financial investment by Governor Cuomo's administration, making it the globe's seventh Gigafactory.
Nov 24, 2020 // Storage, USA, North America, cobalt-free lithium battery, Energylink3, Sumanth Chepuri
CIT Leads $69 Million Financing for Solar Portfolio
CIT Group Inc. has actually revealed that its Power as well as Energy organization led a $69 million funding for a portfolio of solar centers owned and also operated by Strata Solar LLC, a leading incorporated solar and also storage space power company based in North Carolina.
Jan 14, 2021 // Markets & Finance News, USA, North Carolina, Solar Energy, North America, CIT Group, Mike Lorusso, Strata Solar, Jimmy Chuang, storage energy
Green Genius, Sequoia strike 66MW Polish solar offer
Both parties came near an arrangement of PLN175 m (EUR38.5 m) to finance the plants
May 18, 2022 // Markets & Finance News, Poland, Europe, Green Genius, Sequoia