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'World's biggest green energy fund' sets sights on US$ 16bn investment pot
continuous with possible factors in Europe, America, Asia, Australia and also Israel. Along with CIP's very own dedications, the fund's last pot might reach
Jun 16, 2020 // Markets & Finance News, pv power plants, solar pv, Europe, Copenhagen Infrastructure Partners, Denmark, solar finance, investment fund, CIP
Nofar Energy Acquires Romanian Solar Developer, Expanding Footprint
Israel’s Nofar Energy has agreed to acquire Aviv Renewable Investment, a project company developing a 160-MW solar photovoltaic project in Giurgiu County, Romania. The acquisition involves purchasing 100% of Aviv's shares, though financial details and the seller's identity remain undisclosed. This new project is located near Nofar's previously acquired Iepuresti solar site, touted as a significant renewable energy investment in Romania.Nofar’s Romania CEO highlighted the company’s ongoing expansion in the region, recently securing financing from the European Bank for Reconstruction and Development and Raiffeisen Bank International to support the construction of both the Iepuresti and the new Ghimpati solar projects. What recent expansion efforts is Nofar Energy undertaking in Romania’s solar market? Nofar Energy is actively expanding its footprint in Romania's solar market through several strategic initiatives. Here are some highlights of their recent expansion efforts:- Acquisition of Aviv Renewable Investment: Nofar Energy's acquisition of Aviv Renewable Investment emphasizes its commitment to expanding its solar portfolio in Romania. This acquisition includes a 160-MW solar photovoltaic project, enhancing Nofar’s operational capacity in the region.- Strategic Location: The newly acquired project is situated in Giurgiu County, close to Nofar’s existing Iepuresti solar site. This geographical proximity is anticipated to streamline operations and facilitate management of multiple projects within the region.- Secured Financing: Nofar recently secured significant financing from reputable financial institutions, including the European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International. This funding is aimed at supporting the construction of both the Iepuresti and Ghimpati solar projects, signaling strong investor confidence in Romania’s renewable energy landscape.- Emphasis on Renewable Energy Development: Nofar’s expansion aligns with Romania's broader goals of increasing renewable energy generation and reducing carbon emissions. The company’s efforts contribute to the nation's transition towards a more sustainable energy system.- Enhancing Local Job Creation: The development of solar projects not only increases energy output but also fosters local job creation. Nofar’s expansion initiatives are likely to provide employment opportunities in construction, maintenance, and operation of the solar facilities.- Technological Advancements: Nofar Energy is expected to implement cutting-edge solar technology in its ongoing projects. This may include innovative photovoltaic systems and efficiency-enhancing solutions, setting a benchmark for future renewable energy developments in Romania.- Community Engagement: As part of its expansion strategy, Nofar may focus on engaging with local communities, ensuring that residents understand the benefits of renewable energy, and addressing any concerns related to project development.- Long-term Sustainability Goals: Nofar’s expansion in Romania is part of a broader strategy to achieve long-term sustainability goals by increasing reliance on clean energy sources. The company may be exploring partnerships with local governments and stakeholders to further its mission.These strategic initiatives reflect Nofar Energy's proactive approach to enhancing its presence in the Romanian solar market and contributing to the country's renewable energy ambitions.
Aug 28, 2024 // Markets & Finance News, Europe, Romania, Nofar Energy
Masdar looks to extend renewables placement in 'crucial market' Southeast Asia
market as well as penciled a handle EDF to service renewables projects in Israel. With the preliminary success of the PT PJBI collaboration in Indonesia, Al
Mar 2, 2021 // Plants, Markets & Finance News, Floating PV, Masdar, floating PV, Asia, Indonesia, Southeast Asia, Floating solar, Masdar Clean Energy, Ahmed Al Awadhi
BlackRock keen on C&I PV, storage as new renewable fund hits record close
in OECD markets, a group spanning Europe, the US, Turkey, Australia, Japan, Israel, Chile and others. In principle, the fund’s US$2.5 billion pot will be
Dec 6, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Rooftop PV, USA, BlackRock, Europe, BESS, North America
Battery Ventures Obtains Specialty Products Provider Goodfellow
tactical areas: Boston; San Francisco and also Menlo Park, Calif.; Herzliya, Israel; London; as well as New York City. Headquartered in Cambridgeshire, UK,
Sep 30, 2021 // Manufacturing News, Markets & Finance News, Storage, Battery Ventures, Goodfellow, Jesse Feldman, Simon Kenney, Specialty Materials Supplier
N2OFF, Solterra Secure Approval for German Solar Initiative
Israel-based N2OFF Inc and partner Solterra Renewable Energy Ltd have received approval from the Melz Municipal Committee for their 111-MWp solar project in Germany. This initiative is expected to advance to the shovel-ready phase by the end of this year, with the photovoltaic (PV) farm expected to integrate into the local power grid.The project marks the first development under a broader joint venture established last summer between N2OFF and Solterra. In support of the project, N2OFF has committed a loan of EUR 2 million (USD 2.05 million). The partners are also exploring options to increase solar capacity or incorporate energy storage solutions. What impact will the N2OFF and Solterra solar project have on Germany's energy landscape? Impact of the N2OFF and Solterra Solar Project on Germany's Energy Landscape Increased Renewable Capacity: The completion of the 111-MWp solar project will contribute significantly to Germany's renewable energy capacity, which is essential for meeting national and EU climate targets. This addition supports the broader transition away from fossil fuels and toward renewable sources. Job Creation: The construction and operation of the solar farm are expected to create numerous jobs in the region. This not only benefits the local economy but also enhances the skill set of the workforce in renewable energy technologies. Strengthened Local Grid: Integrating the solar project into the local power grid will enhance grid stability and reliability. It can also reduce reliance on imported energy by increasing local generation capacity. Climate Change Mitigation: By producing clean energy, the project will help to decrease greenhouse gas emissions, contributing to Germany's efforts to combat climate change and meet international commitments under the Paris Agreement. Innovation and Technology Adoption: As N2OFF and Solterra consider incorporating energy storage solutions, this could lead to advancements in energy management technologies, facilitating better utilization of solar energy and enhancing overall system efficiency. Community Engagement: The project can foster greater public awareness and acceptance of renewable energy initiatives in Germany, potentially leading to more community-based renewable projects in the future. Long-Term Investment in Renewables: The EUR 2 million loan commitment by N2OFF underlines the financial viability of solar projects in Germany, sending a positive signal to other investors about the stability and growth potential of the solar market. Support for Energy Transition Goals: This project aligns with Germany's Energiewende (energy transition) goals, aiming for a more sustainable and self-sufficient energy system by 2045. It reflects a commitment to diversifying energy sources and reducing dependence on traditional fuels. Potential Replication Model: If successful, this project could serve as a model for future solar developments in Germany, inspiring similar initiatives across other municipalities and regions, thereby accelerating the transition to renewable energy. Local Economic Growth: By fostering an environment for investment in renewable energy, the project can stimulate local economic growth, leading to ancillary businesses and services related to solar power development and maintenance. Overall, the N2OFF and Solterra solar project represents a significant step forward in transforming Germany's energy landscape, encouraging further advancements and collaboration in the renewable energy sector.
Jan 3, 2025 // Plants, Large-Scale, Commercial, Asia, Israel, N2OFF, Solterra
Ellomay Secures €110M for Italian Solar Expansion
Capital Ltd, an Israeli renewables developer, has secured project financing of up to EUR 110 million to bolster its Italian solar portfolio, which includes
Mar 3, 2025 // Markets & Finance News, Italy, Europe, Ellomay Capital
Nofar Buys Pine Gate’s US Solar for $575M
Israel’s Nofar Energy won the bid for Pine Gate Renewables’ nearly 1‑GW solar portfolio through the developer’s Chapter 11 process, valued at $575 million. Nofar USA will pay $285 million, assume $260 million of project debt and fund $30 million in costs, acquiring nine projects across Southeast and Texas.The assets include 650 MWdc operating, 100 MWdc advanced construction, and 225 MWdc early construction targeting operation in 2027, all backed by PPAs. The purchase would expand Nofar USA’s pipeline to 1.3 GW solar and 1 GWh storage. Closing requires bankruptcy court approval Jan. 5, FERC approval and lender consents. How will Nofar integrate and finance Pine Gate’s 1‑GW portfolio post‑bankruptcy? Grid integration: highlight advances in dynamic line rating, grid-forming inverters, and virtual power plants easing variability challenges. Financing shifts: note growth of merchant PPAs, hedged offtake structures, and transition from tax equity scarcity to transferability markets improving project timelines. Supply chain localization: outline regional blade, inverter, and battery manufacturing to reduce shipping costs and tariff exposure. Interconnection reforms: explain cluster studies, standardized cost allocation, and fast-track queues for small storage-solar hybrids. Storage stacking: cover multi-service revenue (arbitrage, frequency response, resource adequacy) and longer-duration pilots beyond lithium-ion. Permitting acceleration: mention programmatic environmental reviews, digital siting maps, and community benefits agreements shortening lead times. Hybridization trend: emphasize solar+storage+EV charging hubs and wind+green hydrogen co-location to maximize infrastructure use. Agrivoltaics: discuss crop-compatible racking, water savings, and pollinator habitats improving land-use acceptance. Offshore wind resilience: detail floating platform maturation, port upgrades, and new O&M strategies for harsher seas. Distributed energy growth: point to tariff reform, virtual net metering, and neighborhood batteries enabling higher rooftop adoption. Equity focus: include bill credits for low-income subscribers, workforce pipelines, and anti-displacement measures near new infrastructure. Critical minerals: track recycling startups, substitution in chemistries (LFP, sodium-ion), and responsible sourcing standards. Demand-side flexibility: cover smart heat pumps, time-varying rates, and industrial load shifting to align with renewable peaks. Transmission build-out: note advanced conductors, HVDC backbones, and undergrounding in sensitive corridors. Green hydrogen realism: stress near-term niches (refining, ammonia, steel), capacity factor needs, and water constraints. Corporate procurement: describe 24/7 carbon-free energy deals and granular certificate markets replacing annual REC matching. Resilience and microgrids: cite islandable schools, hospitals, and cold-chain facilities as anchor customers. Floating solar: add reservoir deployments reducing evaporation and leveraging existing grid interconnections. Community engagement: outline early consultation, benefit-sharing funds, and local co-ownership models boosting acceptance. O&M digitalization: mention drone inspections, predictive analytics for turbines/inverters, and spare-parts localization. Curtailment management: explain flexible interconnection, storage co-siting, and market rules to monetize excess generation. Hydropower modernization: turbine upgrades, fish-friendly designs, and adding small storage to existing dams. Geothermal resurgence: enhanced geothermal systems, oil-and-gas drilling expertise crossover, and heat networks. Bioenergy guardrails: prioritize true waste feedstocks, methane mitigation from dairies, and lifecycle accounting transparency. Policy horizon: track carbon border adjustments, clean manufacturing credits, and performance-based incentives guiding deployment.
Jan 5, 2026 // Markets & Finance News, USA, North America, Nofar Energy
N2OFF Secures Funding for German Solar Project
Israel-based agri-food tech firm N2OFF Inc (NASDAQ:NITO) is entering the solar market by providing a loan for a 111-MWp solar project in Germany, as part of a partnership with Solterra Renewable Energy Ltd. The announcement came at the end of July, with N2OFF and private investors committing to finance up to EUR 8 million (USD 8.89 million) to support solar initiatives developed by Solterra, starting with a project in Melz.The funding includes an initial EUR 2.08 million loan that will help advance the project towards ready-to-build (RTB) status, with additional financing tied to milestone achievements. Once RTB is reached, Solterra plans to sell the project, while N2OFF's group retains the right to further investment opportunities of up to EUR 6 million. Solterra, established in 2022, targets renewable energy projects primarily in Italy, Poland, and Germany, managing around 300 MW of capacity across various stages of development. How is N2OFF's financing impacting solar project development in Germany? How N2OFF's Financing is Impacting Solar Project Development in Germany Catalyzing Development: N2OFF's financial commitment is instrumental in accelerating the development of solar projects, enabling initiatives that might otherwise face delays due to funding shortages. Fostering Partnerships: By partnering with Solterra Renewable Energy Ltd., N2OFF strengthens collaborative efforts in the renewable energy sector. This partnership exemplifies how international companies can aid local developers, bringing foreign investment into the German solar market. Increasing Project Viability: The initial loan of EUR 2.08 million is crucial for advancing the Melz solar project to a ready-to-build (RTB) status, making it more appealing for future investors and buyers. Flexible Financing Structure: The financing model linked to milestone achievements allows for a tailored approach, ensuring that funds are allocated based on the project’s progress. This not only mitigates risk but also incentivizes project management. Long-term Investment Potential**: N2OFF's option to invest an additional EUR 6 million upon reaching RTB signals a commitment to long-term engagement in the German solar market, enhancing confidence among other investors. Support for Local Industry**: By investing in Germany's renewable sector, N2OFF supports the local economy, creates jobs, and contributes to the country’s goal of increasing renewable energy capacity. Enhancing Energy Security: The influx of financing aids in diversifying Germany's energy sources, which is vital for reducing reliance on fossil fuels and enhancing energy security. Stimulating Competitive Pricing: Increased investment in solar projects can lead to more competitive energy pricing, which is beneficial for consumers and businesses alike, potentially lowering electricity costs in the long run. Contributing to Climate Goals: Increased solar capacity aligns with Germany's climate objectives, helping the country meet its targets for CO2 reductions and promoting a sustainable energy future. Model for Future Investments: N2OFF's approach could serve as a benchmark for future renewable energy investments in Europe, encouraging other financiers to explore opportunities in the sector. Strengthening Regulatory Support: N2OFF's backing could encourage regulatory bodies to further facilitate the development of solar projects, streamlining processes and possibly leading to improved policies and incentives for developers. This multifaceted impact of N2OFF’s financing illustrates how strategic investments can not only bolster individual projects but also contribute to the broader renewable energy landscape in Germany.  
Aug 22, 2024 // Plants, Large-Scale, Commercial, Germany, Europe, Asia, Israel, Solar Project, N2OFF Inc
Globe currently has 583.5 GW of functional PV
to 5.14 GW. The area's solar champs are the United Arab Emirates as well as Israel, with 1.7 GW as well as 1.1 GW of particular advancing installments Africa's
Apr 6, 2020 // Markets & Finance News, IRENA, WORLD
Angola’s solar plans boosted by Italian oil giant Eni
is targeting 800 MW of capacity, including wind and biomass. In November, Israel donated $60 million for solar energy and agricultural projects in Angola, to
Nov 14, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Africa, Angola, Eni, Solenova
UK based Faradion to begin sodium-ion battery production in India
a State-run nonrenewable fuel source titan, introduced its collaboration with Israel based start-up Phinergy for growth, personalization, production, setting up
Apr 24, 2020 // Manufacturing News, Storage, UK, India, Europe, Asia, sodium-ion battery, Faradion, James Quinn
Lithium-ion storage is right here to remain
from Germany's Helmholtz Institute Ulm (HIU) as well as the Technion-- Israel Institute of Technology began their current three-day conversation on the
May 8, 2020 // Technology, Storage, Germany, Europe, lithium-ion, redox flow storage
Converting solar energy to hydrogen fuel, with aid from photosynthesis
Ph.D., the project's principal investigator. Particularly, her team at the Israel Institute of Technology is creating a photocatalyst that can break down water
Aug 18, 2020 // Technology, Solar to Fuel, USA, hydrogen, North America, Lilac Amirav
Enlight Funds 2 GWh German Solar-Storage Hybrid
Israel’s Enlight plans to invest in a German hybrid project pairing utility-scale solar with roughly 2 GWh of battery storage, using a single interconnection to time‑shift daytime output and provide grid services. The multi-hour system targets evening peaks as solar capture prices compress, delivering synthetic inertia, reactive support and sub‑second frequency response.Co-location trims losses, eases permitting and maximizes scarce grid connections in queue‑constrained regions. Financing has matured via long-dated offtakes or revenue floors, insurance wraps and availability guarantees, enabling debt. If approvals and procurement hold, Germany gains dispatchable clean power while Enlight scales a repeatable, reliable, O&M‑backed hybrid template. How will Enlight’s German solar-plus-storage hybrid deliver dispatchable power and grid services? Global renewables hit record installations in 2025 projections, but grid connection delays are now a top bottleneck, often exceeding project build times Capital costs eased as polysilicon and freight prices fell, yet high interest rates keep the levelized cost of energy elevated versus 2020–2021 lows Corporate power purchase agreements shifted toward shorter tenors and hybrid structures (solar-plus-storage) to manage price cannibalization and shape delivery Interconnection queues grew to multi-gigawatt backlogs; reforms prioritize ready-to-build projects and cluster studies to accelerate approvals Transmission buildouts lag demand centers; high-voltage DC corridors and advanced conductors gain traction as near-term grid relief Curtailment spikes in high-penetration markets are pushing co-location of storage and flexible demand (data centers, electrolysis) behind the meter Long-duration storage pilots (iron-air, flow batteries, thermal) moved from demo to early procurement for 8–100 hour needs Grid-forming inverters are transitioning from trials to specifications in weak-grid and islanded operations to support stability Offshore wind supply chains are recalibrating after turbine upscaling challenges; standardization and risk-sharing contracts are re-entering bids Floating offshore wind secured larger leasing rounds with cost-down roadmaps focused on modular hulls and serial fabrication Onshore wind repowering is accelerating to boost capacity factors and extend subsidies where policy allows Solar module technology pivoted toward TOPCon and HJT; tandem/perovskite roadmaps target mid-decade bankability with improved stability data Sodium-ion batteries entered early utility deployments for cost-sensitive, moderate-climate sites and stationary storage Heat pumps outpaced gas boilers in several European markets; demand-side flexibility programs reward smart controls and thermal storage Green hydrogen offtake shifted to refining, fertilizers, and e-fuels; contracts increasingly include indexed pricing and availability guarantees Renewable fuels for aviation (SAF) secured policy support via tax credits and blending mandates, but feedstock constraints keep prices high Mining and refining of critical minerals face new sustainability and traceability requirements; recycled content targets are rising Environmental permitting integrates biodiversity net gain, bird/bat-friendly turbine operations, and agrivoltaics to reduce land-use conflicts Community benefit agreements and local ownership stakes improve social license, particularly for onshore wind and transmission corridors Emerging markets leverage auction designs with currency hedges and partial risk guarantees to lower financing costs Hybrid plants (solar-wind-storage) optimize shared interconnection and flatten profiles to reduce merchant risk Microgrids and resilience hubs expand for critical infrastructure, with islanding features and standardized O&M contracts Cybersecurity requirements for inverter-based resources tighten, with mandatory firmware updates and secure-by-design standards End-of-life policies advance: PV and blade recycling scale up with new mechanical-chemical processes and take-back schemes Weather volatility and El Niño/La Niña cycles are now modeled into revenue forecasts and insurance underwriting Data centers co-locate with renewables plus storage and procure 24/7 carbon-free energy portfolios using granular certificates Market design reforms explore locational marginal emissions and capacity accreditation for storage and hybrid resources Vehicle-to-grid pilots mature in school bus and fleet depots, providing peak shaving and ancillary services Rural electrification blends minigrids, PAYGo solar, and productive-use appliances to boost economic outcomes AI-enhanced forecasting improves dispatch and reduces imbalance penalties; synthetic inertia services expand ancillary revenue streams
Jan 29, 2026 // Plants, Large-Scale, Commercial, Storage, Germany, Battery Storage, Europe, solar hybrid, ENLIGHT, project finance