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BlackRock Boosts Renewable Power with $500M Investment in Canadian Solar
BlackRock's $500 million investment in Canadian Solar's Recurrent Energy unit will boost renewable power and energy storage projects in the US and Europe, aligning with BlackRock's alternative asset ambitions. Canadian Solar shares surged 21% on the news.
Jan 24, 2024 // Markets & Finance News, Canadian Solar, BlackRock
Azure Power project commissions grind to a stop as COVID attacks
Azure Power's project appointing task ground to a stop in the three months finished 30 June 2020, as the impacts of COVID-19 were really felt strongly in India.
Aug 14, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, IPP, India, Asia, Azure Power, covid-19
Thailand Counts on Crypto To Power One Million Farmlands With Solar
Solar panels' installments in farms will certainly help to reduce electrical energy bills of farmers, reduce greenhouse discharges and also power farm machinery like electric tractors, crushing machines and crop-spraying drones. The Agriculture Ministry will issue a non-fungible token that will allow trade with international investors in Singapore.
Apr 4, 2022 // Plants, Blockchain, Solar Panels, cryptocurrency, energy crisis, Fuel Crisis, one million Thailand farms, Praphat Phothasuthon, Sirindhorn Dam
US-Based ReneSola Power Acquires 50 MWp Solar Farm in UK
Project Branston's 50 MWp solar farm has actually been functional because October 12, 2020 and is presently producing a very attractive annualized yield of 1,011 MWh/MWp. The chief executive officer expects that the purchase will certainly strengthen ReneSola's market placement in Europe and mark its access into IPP organization in the continent.
Oct 3, 2022 // Plants, Large-Scale, Commercial, NYSERDA, renesola, Yumin Liu, solar farm, Branston, Index Renewable Energy Credit, IPP business in Europe, P&T Global Renewable Energy, Project Branston, Roosevelt Solar
KORE Power to build huge lithium-ion battery manufacturing facility in Arizona
KORE Power has plans to create a lithium-ion battery production facility in Maricopa County, Arizona.
Jul 31, 2021 // Storage, USA, North America, lithium-ion battery, KORE Power, Lindsay Gorrill, Buckeye Mayor Eric Orsborn
Aurubis to broaden solar power capacity at its copper plant in Bulgaria
Aurubis has hired ESCO Bulgaria to mount the 2nd and also 3rd solar power plants at its copper smelter and refinery in Pridop, east of Sofia. The incorporated capacity is 13 MW while a project is under development for one more unit, of 20 MW.
Apr 7, 2023 // Plants, Large-Scale, Commercial, Europe, Bulgaria, Aurubis
Duke Energy targets 23% renewables in power result by 2030
United States utilities group Duke Energy Corp (NYSE: DUK) will certainly seek to create 23% of its electricity from wind, solar and hydropower by 2030 as it devotes to add more renewables into the mix.
Apr 30, 2021 // Markets & Finance News, USA, Duke Energy, North America, Katherine Neebe
Plug Power unveils 120-MW green hydrogen project in California
US-based turnkey hydrogen options supplier Plug Power Inc (NASDAQ: PLUG) plans to build the largest environment-friendly hydrogen production center on the west shore in the state of California, depending on the output of a new 300-MW solar farm.
Sep 20, 2021 // Solar to Fuel, California, USA, North America, green hydrogen, Plug Power, hydrogen project
Advanced Power backs 8-GW renewables pipe with CIB debt
Switzerland-based power manufacturer Advanced Power has gotten USD 60 million (EUR 60.8 m) in the red funding to speed up the growth of its 8-GW pipeline of renewable resource projects in the US.
Oct 25, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, Europe, Switzerland, North America, Advanced Power
ACWA Power protects US$ 114 million for 200MW Egypt solar plant
Solar developer ACWA Power has safeguarded an overall US$ 114 million from banks to fund the building of what it declares will be Egypt's largest private solar plant.
Apr 27, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, Africa, Egypt, middle east, ACWA Power, African Development Bank, green climate fund, Paddy Padmanathan, PV Power Plant, EMEA, european bank for reconstruction and development
Aker Horizons raises USD 117m to scale up green power projects
Aker Horizons ASA (OSE: AKH), the renewables platform controlled by Norway's Aker ASA (OSE: AKER), has actually raised NOK 1 billion (USD 116.7 m/EUR 100.9 m) to strengthen its balance sheet ahead of additional financial investments in wind and solar subsidiary Mainstream Renewable Power Ltd as well as new green worth chains projects.
Nov 5, 2021 // Markets & Finance News, SCOTLAND, aker horizons, Baillie Gifford
China to create a satellite-based solar power solution by 2035
China is going to complete a 200-tonne megawatt-scale satellite-based solar power project by 2035.
Dec 2, 2019 // Technology, Plants, Large-Scale, China, Asia
Varo Energy prepares 7.7 MW solar park to power Swiss refinery
Oil refiner and also vendor Varo Energy Group as well as renewable resource company Groupe E are planning to develop a 7.7-MW solar park to power Switzerland's only operating refinery in the west of the Alpine nation.
Jan 17, 2022 // Plants, Large-Scale, Commercial, Europe, Switzerland, Solar Park, Dev Sanyal, Varo Energy
City of Chicago to obtain power from 593-MW solar complex
The City of Chicago has actually devoted to acquiring electricity from a 593-MW solar farm had by Swift Current Energy under a long-lasting offer supporting its objective to cut greenhouse gas emissions by 62% by 2040.
Aug 9, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, solar complex, City of Chicago
Austrian Borealis constructs 4.7-MWp solar array to power chemicals operations
Austrian specialty chemicals maker Borealis AG is establishing a 4.7-MWp solar photovoltaic or pv (PV) system to power its production site in a town near the capital Vienna.
Nov 25, 2022 // Plants, Large-Scale, Commercial, Europe, Austria, Borealis