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Canadian Solar wins 394 MW of solar in two private auctions in Brazil
After emerging as the recipient of most of the Brazilian government’s public allocation of generation capacity, the Canadian-Chinese manufacturer has secured a large share of projects in auctions held by power companies Copel and, probably, Cemig.
Oct 10, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Markets & Finance News, Canadian Solar, South america, Brazil, Cemig, Copel, Sao Paulo
Construction underway for Panama’s self-styled largest solar plant
The utility-scale solar momentum slowly coursing through Latin America looks set to extend to one of the region’s smallest countries, with a large project now progressing through construction.
Oct 15, 2019 // Plants, Large-Scale, Commercial, Spain, Enel, Europe, North America, esslatam, solarcentury, panama, inelsa, hedomin, Manuel Domínguez
Major subsidy-free solar project secures financially-hedged PPA in Spain
Spain’s subsidy-free solar scene has marked another boost after a power purchase agreement (PPA) was secured for a major project in the country’s centre-west.
Sep 17, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, Extremadura, Spain, Europe, subsidy-free pv, encavis, solarcentury
Sahel summit backs ‘Desert to Power’ plan to bring solar to 60 million
An African Development Bank (AfDB) initiative that wants to install 10GW of solar energy across the Sahel by 2025 was endorsed by G5 Sahel heads of state at a summit held last week in Ouagadougou, Burkina Faso.
Sep 17, 2019 // Plants, Large-Scale, Commercial, USA, France, Europe, Africa, North America, AfDB, G5 Sahel, Christian Kaboré, Akinwumi Adesina
Solarpack scores revenue boost as roll-out continues in Spain, Chile
Solarpack has witnessed gains across several financial indicators so far this year, after progress across various construction contracts in Europe and South America.
Sep 25, 2019 // Plants, Large-Scale, Commercial, USA, Spain, Chile, South america, Latin america, Europe, subsidy-free pv, North America, Southeast Asia, Solarpack, aventron
Enel powers up 475MW of auction-backed bifacial solar in Brazil
The Brazilian renewable energy subsidiary of power giant Enel Group has brought online a 475MW bifacial solar project in Brazil’s northeastern state of Piauí.
Jan 14, 2020 // Markets & Finance News, EDP, Enel, bifacial, South america, Brazil, auction, paraiba, piaui
EBRD Agrees €50 Mn Financial Guarantee for Renewables in EU Neighbourhood
EBRD and the EU have agreed on EUR 50 million in financial guarantees aimed at scaling up investment in renewables in the EU Southern Neighbourhood
Jan 24, 2020 // Markets & Finance News, EBRD, EU, International
Republika Srpska to tender 100 MW PV project
Bosnia and Herzegovina’s second-largest utility, Elektroprivreda Republike Srpske (ERS), is planning the $75.7 million project. The region’s first solar park will be built near Trebinje, in Republika Srpska.
Jan 31, 2020 // Plants, Large-Scale, Commercial, tender, Europe, Bosnia and Herzegovina
An Italian buys PV Proponent Renovalia from a Spanish Merchant
Spain’s renewable credentials have attracted the eye of an Italian infrastructure investor. Already, the Italian has acquired a PV Developer and the merchant projects it was working on.
Dec 18, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Italy, pv power plants, solar pv, Renovalia, Europe, m&a, f2i
IFC: Papua New Guinea becomes global off-grid solar hotspot
A mixture of development support, market economics and awareness programmes have propelled Papua New Guinea to the forefront of global off-grid solar, according to a new report.
Aug 9, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, China, solar pv, Papua New Guinea, png, world bank, off-grid solar, solar lamp, solar lighting, Oceania, international finance corporation, ifc
Software application developer asserts its platform can unlock a distributed generation globe
U.K.-based Power Transition today introduced a crowdfunding workout to raise the ₤ 300,000 it claims it requires to scale up its blockchain-based, peer-to-peer power trading platform beyond a 47-home demonstration job.
May 27, 2020 // Technology, Software, UK, Europe, Power Transition, Hedera Hashgraph
Maxeon to release share offering to fund growths, R&D
Maxeon Solar Technologies intends to increase up to US$ 143.75 million via a share concern, the earnings of which will help finance prepared capability developments and also R&D.
Apr 15, 2021 // Markets & Finance News, USA, SunPower, China, Asia, PERC, North America, Maxeon Solar Technologies, tzs
Ib vogt faucets triad of institutional investors to accelerate IPP approach pivot
Solar designer ib vogt has safeguarded as much as EUR270 million in financing to aid it remain to pivot in the direction of a build-own-operate approach for a gigawatt-scale portfolio of solar assets.
Dec 23, 2021 // Markets & Finance News, IPP, Europe, ib vogt, BNP Paribas, commerzbank, SFI Europe
Longroad finishes 200MW Arizona solar
Designer has 100% of the Sun Streams 2 project after obtaining it in early 2021 from First Solar
Jul 21, 2021 // Plants, Markets & Finance News, USA, Arizona, North America, Solar Project, Longroad
Indonesia to mount 4.7 GW of solar by 2030 under decarbonisation strategy
Indonesia is aiming to deploy an extra 4,680 MW of solar by 2030 as part of efforts to get to internet no carbon exhausts by 2060.
Oct 6, 2021 // Markets & Finance News, Grids, Asia, Indonesia, energy transition, decarbonisation, PLN, deployment target