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PIC to Grow Green Energy: $854m and Beyond
The PIC, Africa's top asset manager, is investing in renewable energy sources to tackle South Africa's power crisis. Their current investments have already produced 2000 megawatts for the grid, and they have invested 310 million rand in Rifuwo Energy Partners. The PIC is also looking into solar panels on property roofs to provide further renewable energy solutions.
Oct 4, 2023 // Markets & Finance News, Africa, PIC
GBP 4bn Green Energy Hub Unveiled in Swansea
Swansea Council unveils £4bn green energy hub with hydrogen manufacturing, electric vehicle charging, solar & tidal lagoon projects. DST Innovations and Batri Ltd., along with HDR and Enable, lead the urban renewal project which could shape future green energy developments.
Nov 27, 2023 // Plants, Storage, Solar to Fuel, GBP, Swansea
Octopus Renewables acquires 14 French solar ranches for $69.7 m.
Energy supply firm Octopus Renewables Infrastructure has acquired 14 solar photovoltaic or pv (PV) farms in France.
Jul 31, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, France, pv power plants, Europe, Octopus Renewables, Phil Austin
Sol Systems-backed JV finishes purchase of 20 North Carolina solar projects
A joint venture in between Sol Systems as well as economic solutions strong Nationwide has actually completed the purchase of 148MW of US solar properties from Cypress Creek Renewables.
Aug 26, 2020 // Markets & Finance News, USA, UTILITY-SCALE SOLAR, North Carolina, utility-scale PV, Cypress Creek Renewables, North America, sol systems, nationwide, helios infrastructure, Jessica Robbins
UK financier Downing lands 96MW solar portfolio
Detailed renewables gamer fork over ₤ 42m for PV assets in the UK
Mar 23, 2021 // Markets & Finance News, UK, Europe, Tom Williams, Downing Renewables & Infrastructure
SunPower awarded solar-plus-storage carports in California
US solar firm SunPower is to deploy 3.7MW of solar carports across 10 locations in Contra Costa County, California, with some of the sites using energy storage.
Oct 4, 2019 // Plants, Large-Scale, Commercial, Storage, California, USA, SunPower, solar-plus-storage, North America, contra costa, carport, helix roof system, Frank Di Massa
Renesola to Enter in Solar Roof Projects in China & South Asia Under New Brand "Eversola".
On December 17, ReneSola, a globe considered Solar PV Module maker revealed that they have decided to become part of Solar PV rooftop markets in China & various other south Asian nations.
Dec 22, 2020 // Rooftop PV, China, Asia, rooftop PV, renesola, Sky Wang, Eversola, solar PV module
Downing protects PPAs for Devon solar farms
Downing LLP has actually authorized a brand-new power acquisition arrangement (PPA) for two of its solar farms in Devon utilizing Zeigo's online renewables purchase platform.
Jan 6, 2021 // Plants, Large-Scale, Markets & Finance News, UK, PPA, Europe, solar farm, Zeigo
Enel sees 2020 EBITDA unmodified, incomes down 19.1%.
Italian energy giant Enel SpA (BIT: ENEL) on Thursday released initial results for 2020, showing that, at EUR 17.9 billion (USD 21.4 bn), regular EBITDA stayed unchanged contrasted to the exact same period a year prior.
Feb 8, 2021 // Markets & Finance News, Italy, Enel, Europe, EBITDA
Ontario Teachers' to purchase 30% of Indian solar group Mahindra Susten
Ontario Teachers' Pension Plan Board has accepted acquire a 30% stake in Indian solar installer Mahindra Susten Pvt Ltd, a unit of automotive group Mahindra & Mahindra (NSE: M&M), in a take care of an equity value of INR 23.7 billion (USD 397.1 m/EUR 298m).
Sep 19, 2022 // Markets & Finance News, Ontario Teachers, Puneet Renjhen, Mahindra Group
World Bank advises acceleration of solar mini grids to power 490m people by 2030
Solar mini grids can power almost half a billion individuals by 2030 yet to attain this action is needed to increase their implementation, the World Bank stated on Tuesday.
Sep 28, 2022 // Grids, world bank, Riccardo Puliti
Leeward Renewable Energy signs PPAs with Verizon for 360MW of solar
Renewables designer as well as driver Leeward Renewable Energy has actually signed power acquisition agreements (PPAs) with telecom company Verizon for a portfolio of four under-development solar and also wind plants in the US with an incorporated capacity of 640MW.
Jan 25, 2022 // Markets & Finance News, USA, PPA, Texas, Arizona, First Solar, North America, leeward renewable energy, Verizon
Africa fund backs 40MW solar farm in Kenya
Alten expects to bring PV project online in the spring
Feb 7, 2022 // Markets & Finance News, Kenya, Africa, solar farm, EAIF, Sine Zulu
African fund o.k.s USD-5.5 m give for Desert to Power project
The African Development Fund, the concessional arm of the African Development Bank Group, has authorized a USD-5.5-million (EUR 5.1 m) technological support give to kick off the Desert to Power project in the eastern part of the Sahel region, specifically in Djibouti, Eritrea, Ethiopia as well as Sudan, the bank has actually introduced.
Apr 11, 2022 // Markets & Finance News, Africa, Workneh Gebeyehu
AEMO gets rid of suspension, restores wholesale power markets in all Australian areas
The Australian Energy Market Operator (AEMO) has actually lifted the wholesale power market suspension in all areas of the National Electricity Market (NEM) from 2pm today (AEST), after stepping in greater than a week earlier.
Jun 24, 2022 // Markets & Finance News, Australia, AEMO, Oceania, Australian Energy Market Operator, national electricity market, wholesale markets