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Despite a net loss, PNE AG remains optimistic, with CEO Pedersen confident in meeting full-year goals. Projects nearing completion offer hope for a turnaround.

Shikun & Binui Energy secures EUR-49-million loan for 101-MW solar project in Romania, marking their second venture in the country's growing renewable energy sector.

Spanish renewables firm Solaria Energia y Medio Ambiente SA (BME: SLR) has actually signed an agreement with banks to safeguard long-term financing for a 736-MW solar PV portfolio in Spain, it introduced on Thursday.

Norwegian power company Statkraft A/S stated today that it has begun developing a 55-MWp solar farm in the Spanish region of Extremadura.

RWE AG is constructing an 8.4-MW solar farm with an 8-MWh battery storage system in Germany, consisting of 22,000 bifacial modules that will power 3,100 households. The project is part of a EUR 4 billion (USD 4.34bn) plan to build 1,000 MW of renewable energy in the Rhenish mining district by 2030.

Prime Capital AG secures EUR 11 million mezzanine financing for 80-MWp solar project in Brandenburg, Germany, paving the way for construction and commercial operation in 2025.

Solar projects professional ReneSola Ltd (NYSE: SOL) on Thursday stated that it has actually finished up the sale of 12.3 MW of solar farms in Hungary.

LyondellBasell secures renewable energy future with 260-MW solar park in Germany, set to power 56,500 homes annually and surpass 90% renewable energy goal by 2030.

BayWa AG has actually avoided making efficiency forecasts for 2020 while COVID-19's effects stay uncertain, adhering to a solid year for its renewable resource device.

Meyer Burger's German subsidiaries face insolvency, but operations continue with provisional support, as Swiss and American branches navigate financial challenges and restructuring efforts.

German solar (PV) and power storage space developer IBC Solar AG has actually completed the initial two areas of the Draisdorf-Eggenbach solar park in Bavaria, which will certainly have a complete ability of 20 MWp.

Industrial as well as electronic equipment manufacturer Japan Benex Corporation has actually started the operation of a 1.6-MW straight present (DC) roof solar array for the logistics center Prologis Park Kobe 5 in Hyogo prefecture.

Adani Green Energy is in talks to borrow up to $1.8 billion from major lenders including Barclays, BNP Paribas and Deutsche Bank. Be one of the first to hear the outcome of the historic loan deal, and what it means for the future of energy projects.

Intersect Power LLC closes up-to-USD-800-million revolving corporate credit facility to fund renewable energy & storage production, green hydrogen projects, and 2.2 GW of solar & 1.4 GWh of storage capacity. A consortium of Deutsche Bank, Nomura & Santander serve as Coordinating Lead Arrangers.

Zenobe secures financial close on a 300-MW/600-MWh battery energy storage project in Scotland, bringing significant energy cost savings and paving the way for construction to commence.