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Shell Offloads Stakes in US Renewables Duo
Shell Plc announces deal to reduce stakes in two renewable energy projects in the US – 182 MW wind repowering project & 180 MW solar park project. Asset management & offtake rights retained, with transactions finalized by 2024 & eligible for IRA tax credits.
Dec 12, 2023 // Markets & Finance News, USA, North America, shell
Enphase Energy Downsizing: 350 Contractors & Employees Cut
Enphase Energy Inc. and SunPower Corp. join the list of rooftop solar companies hit by rising borrowing costs and decreased demand. Enphase announced 10% workforce reduction and closure of two factories while SunPower shares drop after a breach in credit agreement. Restructuring and asset impairment charges up to $18 million.
Dec 19, 2023 // Markets & Finance News, Enphase Energy
R.Power's Solar Success: Portugal PPA Breakthrough
R.Power's groundbreaking PPA in Portugal marks a major milestone in renewable energy, boosting solar power generation and advancing sustainability goals.
Apr 22, 2024 // Plants, Large-Scale, Commercial, Portugal, PPA, Europe, r.power
Raizen's Solar Sale: 115 MWp to Elis Energia
Raizen SA sells 115.4 MWp of solar projects to Elis Energia for BRL 700 million, boosting portfolio strategy and value creation in Brazil.
Apr 24, 2024 // Plants, Large-Scale, Commercial, South america, Brazil, PV Power Plant, Raizen SA, Elis Energia
NextEnergy Capital's Solar-Storage Fund Raises $745M
NextEnergy Capital's NextPower V ESG fund raises $745 million for solar and battery storage projects, with a goal of $1.5-2 billion for green energy investments worldwide.
Apr 30, 2024 // Storage, NextEnergy
Brookfield's EUR 6.1bn Bid for Neoen Majority Stake
Brookfield Asset Management's EUR 6.1 billion offer for Neoen SA brings exciting growth prospects in renewable energy markets. CEO Xavier Barbaro looks forward to the future.
May 30, 2024 // Markets & Finance News, neoen, brookfield asset management
Obton, GSSG Solar JV acquires 117-MW solar portfolio in Japan
Danish investor Obton and GSSG Solar team up again to acquire 117-MW solar portfolio in Japan, powering over 30,000 households with clean energy.
Jul 8, 2024 // Plants, Large-Scale, Commercial, Japan, Asia, obton, GSSG
Greentech Sells Bavaria Solar Portfolio to Strabag
Greentech sold a 27-MWp Bavarian PV portfolio to Strabag—connected and generating—recycling capital into new solar and storage while underscoring growing investment in Germany’s mature clean-energy market.
May 28, 2026 // Plants, Large-Scale, Commercial, Germany, Solar, Europe, solar portfolio, greentech, Strabag
Greece eyes 2.3 GW of brand-new solar as part of initiatives to ditch coal
Solar parks with a complete capacity of 2.3 GW will be developed in Greece as part of a EUR5 billion (US$ 5.94 billion) roadmap to sustain the phase-out of coal generation by 2028.
Sep 11, 2020 // Plants, Large-Scale, Commercial, Greece, Europe, rwe, green hydrogen
Iraqi Kurdistan resorts to solar to minimize power lacks
A 2MW pilot job is now being established in the Governorate of Duhok. The job was funded with $2 million by the European Union.
Feb 6, 2020 // Plants, Large-Scale, Commercial, Asia, Iraq, UNDP, Zena Ali-Ahmad
EIB authorizes EUR1 billion for clean energy tasks across Europe and Uzbekistan
The European Investment Bank (EIB) has actually earmarked EUR1 billion for tidy energy tasks in Europe and Central Asia as part of a larger EUR4.9 billion facilities, real estate, transportation and communications financing bundle.
Feb 6, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Italy, Europe, european investment bank, eib, Tennet, Austria, zero-e solar, spanish pv
Amazon is to develop the first large solar project in Spain
The corporate giant is creating three utility-scale solar arrays in Spain and USA within the framework of its green power plans.
Dec 3, 2019 // Markets & Finance News, Spain, Amazon, Europe
R.Power bags financing for Polish solar farms
Polish designer pens financing deals for 183MWp of solar
Nov 4, 2020 // Markets & Finance News, Poland, Europe, r.power, Przemek Pięta
ADB Approves $231 Mn Loan to Increase Clean Energy Supply in Assam
The Asian Development Bank (ADB) has actually authorized a $231 million lending to create the Lower Kopili Hydroelectric Power (LKHEP) plant in Central Assam, India.
Jan 4, 2021 // Markets & Finance News, clean energy, India, ADB, Asia, Asian Development Bank, Assam, Electricity, Len George
Daystar Power secures $38 million of funding
Daystar Power, off-grid power company, using hybrid power solutions to commercial and industrial services in West Africa, revealed an investment of $38 million. With the fundraise, the company will expand its procedures in its key markets of Nigeria as well as Ghana, while strengthening its existence in other regional nations such as Côte d'Ivoire, Senegal as well as Togo.
Jan 15, 2021 // Markets & Finance News, West Africa, Jasper Graf von Hardenberg, Daystar Power