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Canadian Solar provides $13m to clear up class action
The Sino-Canadian solar producer has moved to settle a ten-year-old case in which it was accused of breaching generally accepted audit principles in its 2009 numbers. The firm has actually indicated the negotiation, which is yet to be authorized, is not a sign of regret.
Aug 20, 2020 // Markets & Finance News, Canada, Canadian Solar, North America, action
North Korea plans 2.5 GW solar plant with Chinese help
China will build the huge solar park at its own cost for its energy-hungry neighbor in exchange for access to rare earths. The project was announced by the Association of China Rare Earth Industry.
Oct 25, 2019 // Plants, China, Asia, Korea, Kim Jong-un
Goldbeck Secures €13M for Dutch 33.3-MWp Solar Duo
Goldbeck Solar achieved financial close on EUR-13-million debt facility to construct 33.3 MWp solar projects in the Netherlands. Construction of two parks currently underway in Rilland with funding from Triodos Bank and overall investment of EUR 26 million. Goldbeck Solar has installed 2 GWp of PV capacity since 2001.
Nov 24, 2023 // Markets & Finance News, Europe, Netherlands, PV Power Plant, Goldbeck
New South Wales gets 17GW of proposals for latest renewable energy zone
The Australian state of New South Wales (NSW) has actually obtained applications for 17GW of renewables generation as well as storage projects for its planned Illawarra Renewable Energy Zone (REZ).
Aug 31, 2022 // Markets & Finance News, Australia, Oceania, new south wales, green hydrogen, nsw, rez, ROI
News of 5-gigawatt manufacturing facility in France
A solar manufacturing facility with an annual production capacity of 5 gigawatts is to be built in Sarreguemines (Saargemünd) in the French department of Moselle.
May 18, 2023 // Manufacturing News, France, Europe
ROUND-UP: Solar milestones in Ukraine, Hungary, Kazakhstan, Nauru
De Raj Group and STC Energy have struck a deal to deploy an 88.371MW solar portfolio near Kiev, in a bid to capitalise on Ukraine’s feed-in tariff (FiT) scheme.
Sep 27, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, ADB, Ukraine, EBRD, Engie, Hungary, pv power plants, Europe, Asia, solar-plus-storage, Oceania, Asian Development Bank, kazakhstan, Nauru, Micronesia, De Raj Group
LEAG's Solar Park Boxberg: Green Energy for Germany
LEAG's Boxberg solar park is set to provide 26 GWh/year of clean energy to eastern Germany. With partner EP New Energies, LEAG is part of the Gigawatt Factory initiative investing EUR 10 billion to add renewable energy to the region by 2030. Don't miss the construction of this 24.8 MWp solar park!
Oct 26, 2023 // Plants, Large-Scale, Commercial, Germany, Europe, PV Power Plant, LEAG
France opens up several tenders for 1.6 GW of wind, solar, HPP
France's energy regulatory authority CRE has actually released a series of tenders for solar photovoltaic (PV), onshore wind and hydropower capability as part of a new procurement scheme laid out in its multi-year power strategy.
Aug 13, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, France, tender, Europe, CRE
Major solar projects change hands in Colorado, California
The US renewables business of Japanese oil and gas major Idemitsu Kosan has bought a 100MW solar project in Colorado from GCL New Energy, a subsidiary of China's GCL New Energy Holdings.
Sep 11, 2019 // Plants, Large-Scale, Commercial, Inverters, Grids, California, USA, Colorado, North America, GCL New Energy, acquisitions,, project acquisitions, 8minute, allianz global investors, solar frontier americas, Charles Pimentel, 8minute Solar Energy
7X Energy stockpiles 2GWac of inverters to make most of closing ITC window
Solar and storage developer 7X Energy has spent more than US$100 million to stockpile 2GWac of Power Electronics inverters in order to take advantage of the full investment tax credit (ITC) before it starts to taper next year.
Oct 10, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Inverters, USA, SunPower, Inverters, North America, 7x energy, power electronics, hannon armstrong sustainable infrastructure capital, Clay Butler
New York Loves Distributed Solar, Targets 10 GW By 2030
The New York strategy, that will progress irrespective of the fate of the US head of state's bigger Build Back Better bill, is a solid example of exactly how distributed initiatives can likewise help achieve sustainability goals.
Dec 22, 2021 // Markets & Finance News, NYSERDA, Andrew Cuomo, decarbonisation, Distributed Energy, new york state, Department of Public Service, DPS
Solar Energy Corporation of India's 1,000 MWh energy storage space tender winner revealed
Bidding process took place last week in a reverse auction to contract for 500MW/1,000 MWh of standalone battery energy storage space capacity with the Solar Energy Corporation of India (SECI).
Aug 30, 2022 // Storage, India, tender, Asia
Neoen puts forward gargantuan triple hybrid for South Australia
French developer Neoen wants to build an energy superpark in South Australia that comprises 1.2GW of wind, 600MW of solar and 800MW of battery storage capacity.
Sep 11, 2019 // Plants, Large-Scale, Commercial, Solar to Fuel, Australia, neoen, hybrid park, hydrogen, solar-plus-wind-plus-storage, Oceania, interconnection, new south wales, Solar to Fuel, Solar to Hydrogen, Producing Hydrogen, Hydrogen from renewable, Renewable fuels
Namibia launches EPC tender for 20 MW solar project
The nation’s Central Procurement Board, on behalf of utility NamPower, has announced a tender to select an engineering, procurement and construction services contractor.
Oct 23, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, tender, Africa, Namibia
Sunrun employs previous Google VP as financing head
United States domestic solar as well as storage space installer Sunrun Inc (NASDAQ: RUN) revealed today the visit of Tom vonReichbauer as the business's brand-new primary financial officer (CFO).
Apr 23, 2020 // Markets & Finance News, Sunrun, Google, Tom vonReichbauer, Bob Komin














