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British Intl Invt spends $89 M to scale renewable energy in India
The DFI's investment is consisted of a Rs 350 crore (United States $47 million) follow-on commitment to 4th Partner Energy, and a Rs 315 crore (US $42 million) project finance debt investment to Thar Surya 1 Private Limited-- an Indian subsidiary of Enel S.p.A, Italy (Enel).
Mar 31, 2022 // Markets & Finance News, finance, British International Investment, CDC group, Srini Nagarajan, UK's development finance institution, DFI
Solar electricity can retail for $0.027-0.036/KWh as renewables close in on global grid parity
The latest figures released by BloombergNEF show new solar and onshore wind power plants have reached parity with average wholesale prices in California, China and parts of Europe. The technologies are winning the race to be the cheapest sources of new generation for two-thirds of the world’s population.
Nov 1, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, California, USA, India, China, Australia, Chile, South america, Europe, Asia, Oceania, North America
Mirova Backs SolarAfrica's Renewable Expansion in South Africa
Mirova invests $15 million in SolarAfrica, driving sustainable energy growth across Africa and empowering businesses with innovative clean energy solutions. A bright future for renewable investments!
Sep 11, 2024 // Markets & Finance News, Africa, South Africa, Mirova
EIP Seeks 80% Stake in BayWa's Renewables Division
Energy Infrastructure Partners is set to raise its stake in BayWa's renewables unit to 80%, injecting €200 million amid financial turmoil and strategic restructuring efforts.
Oct 14, 2024 // Markets & Finance News, BayWa, Energy Infrastructure Partners
Encavis Boards Endorse KKR's Delisting Proposal
Encavis AG backs KKR's delisting offer, paving the way for streamlined growth and reduced regulatory burdens in the dynamic renewable energy sector.
Jan 6, 2025 // Markets & Finance News, KKR, encavis ag
Haitian Water Group Acquires Heraeus Silver Paste Assets
Haitian Water Group is set to enhance its footprint in the solar sector by acquiring Heraeus Holding's key operations for $68.5 million, forging a brighter future in photovoltaics!
Jan 9, 2025 // Markets & Finance News, Haitian Water Group
NextEra Energy, KKR and Partners to Acquire Interest in 1.1 GW Renewables Portfolio
NextEra Energy Resources will offer a 90% passion in a 1 GW renewables portfolio and also 100% interest in a 100-MW solar-plus-storage project for about USD 1.3 billion in complete earnings
Nov 3, 2020 // Markets & Finance News, Storage, USA, solar-plus-storage, North America, NextEra Energy, Jim Robo, solar projects, KKR
Pivot Energy Secures $450M Funding for Solar Development
Pivot Energy secures $450 million to power 300 MW of solar projects, boosting community initiatives and commercial deals across nine states. A green future is on the horizon!
Nov 22, 2024 // Markets & Finance News, pivot energy
SPIES Packaging Goes Green: 10 MW Solar Power
SPIES' Lower Saxony factory to harness 10 MW of solar power from Juwi's Gesmold park, covering 20% of electricity needs and promoting sustainability.
Apr 11, 2024 // Plants, Germany, Europe, SPIES
Schornhof solar park connected to German power grid
Renewable energy business Statkraft has revealed that the first 30MWp of the Schornhof solar park near Ingolstadt, Bavaria, has been attached to the German power grid.
Nov 2, 2020 // Plants, Large-Scale, Grids, Germany, Europe, Statkraft, Solar Park
Better Energy safeguards power offer for Danish PV
Seven-year PPA with Lundbeck takes pharmaceutical firm to 100% renewable electricity
Jan 29, 2021 // Plants, Large-Scale, Markets & Finance News, PPA, Europe, Rasmus Lildholdt Kjær, Lundbeck
Azure Power appoints new CEO following April resignations
Indian independent power manufacturer (IPP) Azure Power has appointed Harsh Shah as CEO, reliable from 1 July, following the resignation of its previous CEO, Ranjit Gupta, last month.
May 9, 2022 // Markets & Finance News, India, Asia, Azure Power, ceo, executive appointments, harsh shah
Plug Power Lands Major Electrolyser Contract in Australia
Plug Power powers up a $6.5 billion green ammonia project in Australia, delivering 3 GW electrolyser capacity to harness solar energy for a sustainable future.
Jan 16, 2025 // Solar to Fuel, Australia, Oceania, Plug Power
GSEO Completes Hybrid Solar-Storage Project in Oz
Victory Hill Global Sustainable Energy Opportunities (GSEO) completes phase 2 of the solar and storage hybrid system in Australia with the addition of a 4.95MW two-hour battery energy storage system. GSEO continues to optimize the grid connection for better renewable power availability.
Jul 11, 2023 // Plants, Large-Scale, Storage, Australia, Oceania, Solar Project, GSEO
ReneSola Sells 6.8 MW Solar Assets in Canada to Grasshopper Energy
New York-listed international solar project developer ReneSola Power has actually participated in a sale arrangement with Canada headquartered Grasshopper Energy for its collective 6.8 MW of solar profile in Canada.
Mar 26, 2020 // Markets & Finance News, USA, New York, North America, renesola, Yumin Liu, solar plants, Grasshopper Energy, John Ewen