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NESF NAV drops ₤ 66m due to diving power costs
NextEnergy Solar Fund (NESF) has released its complete year results, revealing its common investors' net possession worth (NAV) has actually been up to ₤ 579 million
Jul 1, 2020 // Large-Scale, Markets & Finance News, UK, Europe, Nesf, Kevin Lyon
Engie strikes bargain to market 49% equity stake in US renewables portfolio
French utility Engie has accepted market a minority 49% risk in a US-based renewables profile including 500MW of utility-scale solar.
Jul 2, 2020 // Markets & Finance News, USA, Engie, North America, Hannon Armstrong
Terabase Energy lands US$ 6m funding round to supply ultra-cheap solar
Solar start-up Terabase Energy has closed a US$ 6 million Series A financing round, revealing an objective to help drive down solar generation expenses to listed below US$ 0.01/ kWh by 2025.
Sep 10, 2020 // Markets & Finance News, SunPower, soft costs, Start-up, terabase energy, sjf ventures
Iberdrola sets up eco-friendly hydrogen device
The Spanish power business, which has hydrogen projects under way in its homeland and also the United Kingdom, says it will allocate new resources to place itself at the leading edge of the supply of renewables-powered hydrogen.
Sep 22, 2020 // Storage, Solar to Fuel, Spain, Iberdrola, Europe, hydrogen, Ignacio Galán
DESRI begin in Louisiana, SunPower's ESG and also diversity push
A round-up of the current stories from the United States solar market, including information of D. E. Shaw breaking ground on Louisiana's biggest under-construction solar farm as well as a double hire from Sunpower to boost its ESG and variety qualifications.
Oct 6, 2020 // Plants, Markets & Finance News, USA, SunPower, Lightsource BP, North America, DESRI, Tom Werner, esg, diversity
Norwegian Fund To Spend $62 Million In SAEL To Help Develop 3GW Renewables
The objective is to support the firm's ambition to grow its portfolio to 3GW over the next 5 years by including 100MW of new biomass and 400MW of new solar capacity yearly. The financial investment will add to staying clear of more than 2.8 million lots of CO2 emissions.
Jan 27, 2023 // Markets & Finance News, Renewable Energy, norfund, Hans Jacob Frydenlund, Mark Davis, Norwegian Climate Investment Fund, SAEL, stubble burning, Sukhbir Agro Energy Limited
ACME, Norfund Alliance for Renewable Energy In India
ACME and Norfund will certainly eye investments in 'potential renewable energy' projects in the country to ensure ecologically sustainable development in India. Norfund has already committed to purchase some crucial projects in India.
Jan 27, 2023 // Markets & Finance News, ReNew Power, energy transition, acme, green energy, norfund, carbon emission, KLP, Mark Davis, Norwegian Climate Investment Fund, Manoj Upadhyay, NCIF
Rays Power Infra to Build 1800-MW Solar Park In Rajasthan
An MoU for the development of avant-garde PV photovoltaic or pv power plant was checked in the presence of Ashok Gehlot, Chief Minister of Rajasthan. The solar park will be divided among 3 300 MW projects as well as one 900 MW project.
Jan 31, 2023 // Plants, Large-Scale, Commercial, India, Asia, Solar Park, large-scale solar parks, Pawan Sharma, Rays Power Infra, Ashok Gehlot, Mayank Sharma
KAUST team reports results of 1 year outdoor testing of perovskite/silicon tandem solar cells
Scientists from Saudi Arabia's King Abdullah University of Science and also Technology (KAUST) have actually reported the results of an one-year outdoor test for a tandem perovskite-silicon solar cell they developed in 2020. They have located that the device retained greater than 80% of its initial performance throughout the testing period between April 2021 as well as April 2022.
Feb 14, 2023 // Technology, solar cells, perovskite, KAUST
Brooge Energy, Siemens Energy Partner For Solar & Green Hydrogen in UAE
Brooge Renewable Energy and also Siemens Energy will build up to 650 MW solar PV plant to supply scheduled Phase 1 of the green ammonia project with renewable energy that belongs to Brooge. Siemens Energy will function as the technological partner to Brooge and exclusive carrier of remedies.
Feb 16, 2023 // Solar to Fuel, Masdar, green hydrogen, Abu Dhabi, Suhail Al Mazrouei, Siemens Energy, carbon emissions, green ammonia, solar PV farm, Brooge Energy Ltd, Brooge Renewable Energy, Lina Saheb, UAE Renewable Energy, World Government Summit 2023
Acen buys 1200MW Indian wind, solar portfolio
Partnership with BrightNight intends to deploy US$ 250m of equity
Mar 14, 2023 // Markets & Finance News, India, Asia, ACEN
SOLARCYCLE Raises $30 Million for Advanced Recycling
The funds will be utilized to scale its development in solar panel reusing capacity as well as increase products remanufacturing capabilities Currently the complete funding of SOLARCYCLE stands at $37 million because its beginning a year back.
Mar 16, 2023 // Markets & Finance News, Suvi Sharma, Solar Industry, Alok Sindher, Fifth Wall Infrastructure, HG Ventures, recycle solar, Series A funding, solar panel recycling, SOLARCYCLE, Special Situations
Minerals company ICL To Invest $400 Million in Lithium Battery Materials Facility in United States
ICL was granted $197 million through the Bipartisan Infrastructure Law financing and the plant is expected to be operational by 2024. The manufacturing facility will have 2 assembly line and also each production line will certainly be capable of producing 15,000 metric lots of LFP product yearly.
Oct 21, 2022 // Markets & Finance News, department of energy, McCarthy, Bipartisan Infrastructure Law, cathode active material, Aleees, ICL, Lithium Iron Phosphate, minerals company ICL, Phil Brown
Coal Company Anglo American Secures 100% Renewable Electricity for Australian Ops
It has authorized an agreement for a ten-year collaboration with electricity as well as energy solutions supplier Stanwell Corporation. The bargain is anticipated to remove all Scope 2 emissions from its steelmaking coal company in Australia from 2025.
Nov 17, 2022 // Markets & Finance News, Australia, Oceania, Anglo American, Anik Michaud, Blue Grass Solar Farm, Clarke Creek Wind Farm, Dan van der Westhuizen, Scope 2 emissions, Stanwell Corporation, steelmaking coal
FIMER Provides String Inverters to Partners Main Solution & Evolvere for Installation
Via its companions, Main Solution as well as Evolvere, the Italian company of renewable resource as well as electrical mobility solutions, FIMER, has provided 9 PVS-100 three-phase string inverters for installation in Italy. 9 FIMER PVS-100 inverters have actually been set up at Vegitalia S.p.A., a company that has actually been active in the food industry since 2004, in San Marco Argentano (CS), Calabria, for this unique project.
Nov 18, 2022 // Markets & Finance News, Inverters, Jordan, Inverters, Asia, Evolvere, FIMER Solar Inverter Solutions, PVS-100 Inverters