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Solar corporate financing boosted globally by 43 percent in Q3 to $3.2 billion
Mercom Capital Group, llc, an international tidy power communications as well as speaking with company, launched its report on financing as well as merging and purchase (M&A) task for the solar market in the third quarter (Q3) and also the first nine months (9M) of 2020. Appropriately, corporate financing worldwide (consisting of financial backing, private equity, public market, and debt funding) in the solar industry in Q3 2020 pertained to $3.2 billion, compared to $2.3 billion in Q2, a 43 percent boost QoQ (quarter over quarter). Financing was also higher by 8 percent year-over-year (YoY) contrasted to the same quarter last year.
Nov 27, 2020 // Markets & Finance News, Mercom Capital Group, Raj Prabhu
Bluefield Solar Secures £300M Portfolio Refinancing Deal
Bluefield Solar secures £300M refinancing, boosting financial flexibility and reinforcing its commitment to sustainable energy growth in the competitive solar market.
Feb 24, 2025 // Markets & Finance News, Bluefield Solar
Pivot Power begins at 50MW UK storage space
The lithium-ion battery project will certainly store enough electricity to power over 100,000 homes for two hours
Dec 7, 2021 // Storage, UK, Europe, Pivot Power, Matt Allen, Steve Melia
GRIDCO Will Acquire 200MW Solar Power from NTPC
GRIDCO will certainly obtain 200 MW of solar energy on a price of Rs 2.50 Kwh
The procurement period begins with the financial year 2024-25 for 25 years.
Apr 19, 2022 // Markets & Finance News, India, NTPC, Asia, RPO, GRIDCO, Odisha Solar
Athens airport commissions 15.8 MW solar power plant
The Athens International Airport is now covering two thirds of its electricity needs with solar energy-- a 15.8 MW center has been added to an 8.05 MW solar unit constructed in 2011.
Apr 13, 2023 // Plants, Greece, Europe, energy transition, Solar Power, PV Power Plant, Electricity, decarbonization, renewable energy sources, Athens
Aussies Heat Ceramics to 1450F with Solar Power
Unlock the power of the sun with breakthrough concentrated solar power. Australian scientists have pushed thermal energy storage to new heights, heating ceramic particles to 803°C & storing it for up to 15 hours. This could be a key to low-cost renewable energy for Australia & beyond.
Nov 13, 2023 // Technology, Australia, Oceania
Deal signed for 40 MW solar park in DR Congo
The government of the Tshopo province has signed an agreement with Cat Projects Africa for the PV plant. The project will be connected to the grid operated by utility Société nationale d’électricité and is intended to improve power supply in provincial capital Kisangani.
Oct 4, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Africa, DR Congo, off-grid solar system
Globeleq wraps up USD-65m refinancing for S African solar park
Africa-focused independent power producer (IPP) Globeleq said today it has finalised a senior debt restructuring deal for its majority-owned 31-MW Soutpan solar park in South Africa's Limpopo Province.
Jan 23, 2023 // Markets & Finance News, Solar Park, Globeleq, S African
Adenia Acquires S.Africa Solar Financing Giant
Adenia Partners has acquired a controlling stake in Enfin Energy Finance, the leading South African solar power financing solutions provider. Their purchase marks the first investment from their 5th flagship fund and will help Enfin build over 100MW of solar systems in the next 5 years, simultaneously allowing businesses to become more reliable on grid power and support them in the energy crisis.
Oct 11, 2023 // Markets & Finance News, Africa, South Africa, Adenia
NextEnergy Solar Fund prolongs ₤ 70m RCF with Santander as it continues expansion
NextEnergy Solar Fund has expanded its existing ₤ 70 million revolving credit facility (RCF) with Santander UK.
Jul 5, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, UK, Europe, NextEnergy Solar Fund, Santander, Ross Grier
Clean power newbie reveals 25MW Belgian battery plan
Nala Renewables will construct the project at Nyrstar's zinc smelting center in Balen
Jan 8, 2021 // Storage, Europe, Belgium, Trafigura Group, Daniel Vanin, EEUROPE
Balance Power wins permit for Cornish battery project
The facility is expected to come online in 2028
Dec 6, 2022 // Storage, UK, Europe, Balance Power, Phil Thompson, Cornwall, battery storage project
Foresight Solar Divests Australian Assets, Focuses on Europe
Foresight Solar Fund pivots strategy, selling its Australian solar and storage assets to boost capital for new opportunities in the UK and Europe. A transformative move ahead!
Sep 24, 2024 // Storage, Foresight Solar Fund
Singapore promotes renewable power imports from Cambodia, Indonesia
Singapore, which plans to import approximately 4 GW of low-carbon power by 2035, last week revealed a number of steps it has actually made to import electricity from both Cambodia and also Indonesia.
Mar 20, 2023 // Markets & Finance News, Asia, Singapore, Indonesia
100MW BESS for Victoria: Flow Power Secures Permit
Flow Power is set to revolutionise Victoria's energy landscape with its 100-MW battery energy storage system project, providing real-time access to 100% renewable energy and stabilising the grid to reduce blackouts. Financial closure expected next year, with construction beginning in 2024 and operational late 2025.
Dec 4, 2023 // Storage, Victoria, Flow Power












