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Statkraft's German Solar-Battery Power Plant
Statkraft has been awarded a contract to build a 47 MW solar power plant and 16 MW battery storage facility in Zerbst, Germany. This project, expected to commence in summer 2025, will provide energy to power around 14,000 households. Part of Statkraft's ambitious growth targets, the firm also secured a 500 MW offshore wind project in Ireland.
Jun 27, 2023 // Storage, Germany, Europe, Statkraft
ACWA Power Secures $2.3B for Saudi Solar Projects
ACWA Power secures $2.3 billion for 4.55 GW solar projects in Saudi Arabia, with major banks backing the initiative. Leading the way in renewable energy development.
Feb 19, 2024 // Plants, Markets & Finance News, Saudi Arabia, Asia, ACWA Power, PV Power Plant
Goal Zero Yeti 1400 Lithium Portable Power Station Review
While electricity gives us all the convenience, power blackouts can wreak havoc on your routine. For this reason, Goal Zero Yeti 1400 Lithium Portable Power Station has packaged all you need to keep you going.
Aug 19, 2022 // Manufacturing News, Residential, Storage, Goal zero yeti, Portable Power Station, Portable Power Station Review, Goal Zero
MNRE Formalises Amendments to RTC RE Power Procurement Guidelines
MNRE has passed amendments to the guidelines for procurement of RTC RE power, enhanced with power from any other resource or storage.
Feb 9, 2021 // Storage, Policy, India, Asia, mnre, wind, Guideline, Renewable Energy Power, RTC Power
Finland's First 50MW Battery Storage Project Unveiled
Renewable Power Capital secures 50MW battery storage project in Finland, marking their first storage deal in the country. Exciting growth plans ahead!
Mar 12, 2024 // Storage, Europe, Finland, Renewable Power Capital
Powertis indicators an agreement with Aquila Funding for joint development in Italy of projects totaling up to 750 MW
Adhering to the finalizing of the agreement, Powertis will transfer a 10-project plan amounting to 249MW Aquila acquisitions 51% of project equity, with the staying 49% still in the hands of Powertis
Jan 8, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Italy, Europe, Powertis, Aquila Capital, Brazi
7X Energy sells 130-MW Texas solar project to KOMIPO
United States solar programmer 7X Energy Inc claimed today it has actually sold its 130-MW Elara solar project in Texas to KOMIPO America Inc, a subsidiary of Korea Midland Power Co Ltd
Jun 9, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, North America, 7x energy, KOMIPO, Solar Project
United States residential solar platform raises US$ 375m for business expansion
Clean power industry as well as technology services platform Palmetto has raised US$ 375 million to support its business expansion as it wants to drive uptake of rooftop solar and increase to offer brand-new items.
Feb 28, 2022 // Residential, Markets & Finance News, Rooftop PV, USA, North America, marketplace, software platform, fundraising, palmetto, Chris Kemper
Europe to include 95 GW of battery storage space by 2050
Europe is expected to deploy at the very least 95 GW of grid-scale battery energy storage space systems by 2050, increasing the marketplace with more than EUR 70 billion (USD 76.8 bn) in fresh financial investments driven by efforts for the power market's decarbonisation, Aurora Energy Research claimed in its most recent report.
Apr 24, 2023 // Storage, Europe
IndiGrid agrees purchase of KKR-backed renewables platform Virescent
Indian power-sector framework trust (InvIT) India Grid Trust (BOM:540565), or IndiGrid, has actually lately inked an INR-40-billion (USD 483m/EUR 447m) bargain to buy Virescent Renewable Energy Trust (VRET), a KKR-backed local renewable energy platform with 538 MWp of solar assets.
May 22, 2023 // Markets & Finance News, Software, IndiGrid, Virescent Renewable Energy Trust, VRET
Elgin Unloads 100MW Solar to Pennon Group
Elgin Energy has sold a 100 MW PV portfolio of solar projects in UK to Pennon Group, estimated to require GBP 85 million investment. These projects are projected to generate low-cost electricity and contribute to UK's net-zero emissions by 2050. Also, Elgin sold 521 MW of solar & 70 MW of battery projects in 2020, to be operational by 2025.
Jul 11, 2023 // Plants, Commercial, Markets & Finance News, UK, Europe, Elgin Energy, Pennon Group
PearlX Solar Powers Up Multi-Family Homes in CA
PearlX is making a lasting impact in Central California - providing 800 apartment residents with discounted power and increased cash flows for building owners via lease payments. With the CPUC's Virtual Net Metering program, California residents can enjoy clean, renewable energy at no upfront cost. Join PearlX as they strive to reach their goal of 25,000 apartment renters by 2025.
Nov 30, 2023 // Markets & Finance News, California, USA, North America, PearlX
Encavis AG forgoes dividend to fuel 2027 growth plan
Encavis AG sacrifices dividends for 2023 to fuel expansion plans and triple power generation capacity by 2027. Shareholders approve new compensation system for management board.
Jun 12, 2024 // Plants, Large-Scale, Commercial, encavis ag
Spain's Dominion Energy , Bas reveal 50-MW solar project in Dominican Republic
Spanish renewables designers Dominion Energy SL and its associate Bas Projects Corporation SL provided over the weekend their 50-MW solar farm that they have actually been building for the past year in the Dominican Republic.
Dec 7, 2021 // Plants, Spain, Europe, Dominion Energy, Dominican Republic, North America, Solar Project
Sunnova to issue US$ 425m of convertible senior notes
US domestic solar installer Sunnova intends to supply a US$ 425 million private placement of convertible senior notes due in 2028, to repay debts and also fund operating costs.
Aug 17, 2022 // Markets & Finance News, USA, Sunnova, North America, senior notes, financials, operating costs