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Convergent Secures $584.5M Loan for Puerto Rico Renewables
Convergent Energy secures $584.5M to power Puerto Rico’s green future with a 100-MW solar park, boosting job creation and resilience in the national grid!
Jan 20, 2025 // Markets & Finance News, USA, North America, Puerto Rico, Convergent Energy
Hydro Rein Acquires Stake in Brazil's Largest Solar Complex
Hydro Rein secures a 20% stake in Brazil's largest solar farm, the Vista Alegre complex, poised to generate 2 TWh annually, revolutionizing renewable energy in Minas Gerais.
Feb 5, 2025 // Plants, Large-Scale, Commercial, South america, Brazil, PV Power Plant, Hydro Rein
National Grid Completes $100M Acquisition Of Geronimo Energy
National Grid has completed its $100 million acquisition of Minneapolis-based wind and solar developer Geronimo Energy.
Jul 15, 2019 // Markets & Finance News, National Grid, Geronimo Energy
Indian university to operate solar microgrid pilots
The Indian Institute of Technology (IIT) Kanpur has issued an expression of interest to set up three solar-backed microgrid projects in the Indian state of Uttar Pradesh. The deadline for submissions for prospective developers is Aug. 30.
Aug 22, 2019 // Plants, Large-Scale, Commercial, Storage, storage, India, Asia, Indian Institute of Technology, microgrid, Uttar Pradesh Power Corp. Ltd., Synergy Systems and Solutions
Solar-plus-storage vs grid enhancement
Ontario’s Independent Electricity System Operator will implement a pilot project for a future electricity market based on PV, storage and smart power consumption. The utility says the project will be a cheaper, more efficient alternative to expanding grid infrastructure.
Sep 8, 2019 // Plants, Large-Scale, Commercial, IESO, Alectra Utilities, Natural Resources Canada, Terry Young
EIB authorizes EUR1 billion for clean energy tasks across Europe and Uzbekistan
The European Investment Bank (EIB) has actually earmarked EUR1 billion for tidy energy tasks in Europe and Central Asia as part of a larger EUR4.9 billion facilities, real estate, transportation and communications financing bundle.
Feb 6, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Italy, Europe, european investment bank, eib, Tennet, Austria, zero-e solar, spanish pv
Goldman Sachs to spend US$ 275m in dispersed solar JV
Goldman Sachs will certainly spend as much as US$ 275 million in a joint solar endeavor with Connecticut's TELOS Clean Energy.
Mar 13, 2020 // Markets & Finance News, USA, North America, Goldman Sachs, Andrew Chester
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
Diversified portfolio assists DORE's NAV expand despite falling UK power rates
Strong power prices in Europe helped offset falling UK power costs to enable Downing Renewables & Infrastructure Trust plc's (DORE) Net Asset Value (NAV) to expand 1.3% in the first quarter of 2021.
May 21, 2021 // Markets & Finance News, UK, Europe, DORE, Tom Williams
Sunnova Donates Solar Panels to Nonprofits in Puerto Rico
Sunnova Energy Corporation is collaborating, through the Solar Foundation’s “Solar Saves Lives” program, with non-profit organizations in Puerto Rico to support critical energy projects on the island.
Oct 4, 2019 // Plants, Large-Scale, Commercial, Residential, Solar, USA, storage, Solar Panels, North America, Sunnova Energy Corporation, Puerto Rico, Karla Zambrana-Melendez
BlackRock invests $2.5bn in renewables
BlackRock, the global biggest fund managing company, has closed 1bn USD of a 2.5bn USD fund aimed at wind, solar and storage. However, this is only a small part of the financial giant’s 6.96tn USD balance and nothing in comparison with 17.5bn invested in coal projects.
Dec 9, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, USA, BlackRock, investment, North America
Impax offers 110MW Dutch solar website
German pension plan fund Versicherungskammer Group gets project for a concealed sum
Jan 25, 2021 // Markets & Finance News, Europe, Netherlands, impax, Isabella Pfaller
First Solar sells 10GW solar project business to Canadian pension plan fund
' Solar Module Super League' (SMSL) member First Solar has actually sold a huge part of its PV project business to Leeward Renewable Energy amounting to around 10GW.
Jan 26, 2021 // Manufacturing News, Markets & Finance News, USA, Canada, UTILITY-SCALE SOLAR, First Solar, North America, cdte thin-film modules, leeward renewable energy, Jason Allen
RES secures green light for UK storage project
99.9 MW Spennymoor scheme is located on land south of an existing electric substation
Sep 7, 2022 // Storage, UK, Europe, res
United States installer PosiGen lands US$ 100m in funding to grow low-income household offering
PosiGen, a United States carrier of household solar as well as performance services for low- to moderate-income (LMI) households, has actually secured US$ 100 million in favored equity financing.
Jan 12, 2022 // Residential, Markets & Finance News, USA, North America, tom neyhart, PosiGen
