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Biden wishes to cut into China's electric battery dominance
Head of state Joe Biden highlighted his initiatives to counter China's dominance of the electric battery market on Tuesday as he proclaimed domestic efforts to mine and also process lithium and rare-earth element required to produce the technology that powers cars, electronic devices, wind turbines as well as more.
Feb 23, 2022 // Markets & Finance News, Storage, Policy, USA, China, Asia, North America, Joe Biden, Jim Litinsky, Silvia Paz
Onde gets financing for 18-MW solar portfolio in Poland
Onde SA (WSE: OND), the renewables construction business of Polish group Erbud SA (WSE: ERB), claimed it has obtained a PLN 56 million (USD 13m/EUR 12m) loan from Polish lender mBank to finance an 18-MW solar photovoltaic or pv (PV) Cyranka portfolio in Poland.
Jan 31, 2023 // Markets & Finance News, Poland, Europe, Onde
Belgian group to develop 2.5-MW green hydrogen center in Zelzate
A collaboration has actually been developed to construct as well as operate a 2.5-MW electrolysis unit for the production of green hydrogen in the Ghent port area in Belgium.
Apr 7, 2023 // Plants, Solar to Fuel, Europe, Belgium, green hydrogen, Zelzate
Naturgy protects PPA from steel firm Sidenor
10-year bargain will certainly be powered by both solar and wind power
Mar 10, 2021 // Markets & Finance News, Spain, PPA, Europe, Naturgy, José Antonio Jainaga
Albania's AGA-SOLAR seeks structure permit for 150 MW solar park
Albania-based electrical energy investor AGA-SOLAR has actually made an application for a building permit for a solar park in Darzezë e Re village, near the southwestern city of Fier, the energy ministry claimed.
Dec 30, 2021 // Plants, Europe, Albania, Solar Park, AGA-SOLAR
Work on 20-MW solar project in Egypt to begin by end-2022 - report
A project for a 20-MW solar power plant near Hurghada on Egypt's Red Sea shore is making progress with construction readied to start by the end of 2022, newspaper Al-Masry Al-Youm reports, citing sources from the nation's New and also Renewable Energy Authority (NREA).
Aug 2, 2022 // Plants, Large-Scale, Commercial, Asia, Africa, Egypt, Solar Project
Egypt's solar plants generate 4,500 GWh in 2021
Solar energy plants in Egypt have actually generated 4,500 GWh of green electricity in 2021, the media centre of the Council of Ministers said over the weekend.
Feb 8, 2022 // Plants, Markets & Finance News, Egyptpv power plant
Tunisia authorizes 500 MW of solar projects
The Tunisian government has actually okayed to several solar projects with a mixed result of 500 MW as well as an overall financial investment of TND 1.2 billion (USD 407.9 m/EUR 374.9 m).
Mar 7, 2022 // Plants, Tunisia, Africa, solar projects
Osaka Gas to get in US solar as well as storage markets
Japanese power firm Osaka Gas is to get in the US utility-scale solar market through a joint venture with project developer Oriden.
May 17, 2022 // Markets & Finance News, Storage, USA, ENERGY STORAGE, North America, utility scale solar, Oriden, Osaka Gas, agreement
EBRD financing 25 mln euro to N. Macedonia's ESM to build 30 MW solar parks
The European Bank for Reconstruction and also Development (EBRD) claimed it is providing a funding of 25 million euro ($26.1 million) to North Macedonia's electrical energy producer ESM for the construction of 2 photovoltaic or pv (PV) plants with a combined capacity of 30 MW.
Jul 4, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, EBRD, ESM, Solar Park
High power prices, falling PV costs and new regulations behind Brazil’s solar carnival
The nation’s thriving distributed generation market is flying, as was evident at last week’s Intersolar South America trade show. The sector seems unconcerned by mooted changes to net metering incentives in the new year and when even an environmental non-believer like President Bolsonaro is on side, it is difficult to be pessimistic.
Sep 8, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Inverters, Solar, USA, Sungrow, Canadian Solar, China, South america, Latin america, Europe, Brazil, Asia, Fronius, Greener, North America, Intersolar South America, Solar Promotion, Florian Wessendorf, utility scale solar, Marcelo Sousa, Ada Li, Thais Zampieri Bitancourt, Julian Rau, Trina, Álvaro García Maltrás, Apollo Chai, Rodolfo Meyer, Portal Solar, Marcio Takata, Lucas Troia
Verano turns sod on Chilean solar portfolio
Fontus Renewables picked the firm to carry out the EPC and also O&M contracts for 8 projects
Jan 11, 2023 // Plants, Chile, South america, Verano, Dylan Rudney, Brendan Wolters
Pristine Sun Receives $250 Million Capital Boost from Private Equity and Family Office Investors
US renewable energy player Pristine Sun Corporation has announced a $250 million capital commitment from strategic private equity and family office investors to develop renewable energy projects. This will allow the firm to develop, finance, and build up to 5 GW of its solar projects.
Feb 6, 2023 // Markets & Finance News, USA, North America, Pristine Sun Corporation
MUFG Finances Mississippi Solar+Storage Project
Origis Energy secures USD-344m loan from MUFG to finance a 200 MWac solar and 200 MWh energy storage project in Lowndes County, Mississippi. The project will provide 500 MWac of solar and 600 MWh of battery storage, supplying electricity with grid resiliency for a 25-year period. Construction has already started.
Dec 21, 2023 // Plants, Storage, USA, Mississippi, North America, Origis Energy
Blackstone dedicates US$ 250m to new dispersed power financial investments
Investment firm Blackstone has actually created a brand-new portfolio firm that will finance and also possess dispersed energy assets concentrated on business, commercial and institutional customers.
Sep 22, 2020 // Markets & Finance News, USA, C&I, North America, Distributed Energy, blackstone, cleargen, gso capital partners, private equity, George Plattenburg, Collin Franceschi