Filipino Renewables Firm Raises PHP 9 Billion Financing
Citicore Renewable Energy Corporation Bags Innovative Project Financing To Support Solar Project Portfolio
Monday, 15 Apr 2024
The Philippines-based renewable energy developer Citicore Renewable Energy Corporation (CREC) has announced raising debt financing of PHP 9 billion ($158 million) from Rizal Commercial Banking Corporation (RCBC) to support its solar energy portfolio..
Japanese Giant Establishes Global Renewable Energy Company
London Headquartered JERA Nex Sets Out To Develop 20 GW Clean Energy Capacity By 2035
Monday, 15 Apr 2024
Japan’s largest power company JERA has established a new renewable energy entity through which it plans to develop a combined 20 GW renewable energy capacity globally by 2035. JERA said the new entity JERA Nex Limited will help it achieve scale.
New Report Analyzes Financial Stability Of Module Makers
Global Solar PV Module Manufacturers Ranked In Safe, Grey Or Distress Zones In Sinovoltaics Report
Friday, 12 Apr 2024
Hong Kong and Shanghai-based solar and battery storage technical and quality engineering consultancy Sinovoltaics has released its Q1/2024 rankings for over 75 global solar PV module manufacturers on the basis of their financial stability. The cons.
RWE Issues $2 Billion Green Bond To Fund RE Projects
German Energy Giant Launches Inaugural US Dollar Green Bond, Its 1st Outside Europe
Friday, 12 Apr 2024
German energy giant RWE has successfully placed its maiden US dollar green bond with a total volume of $2 billion to finance its renewable energy projects under the company’s Green Financing Framework.
Repsol’s Largest Solar Project Ready In Texas, US
Spanish Fossil Fuel Group Completes 637 MW Solar Plant; Targets Up To 4 GW RE In US Market By 2027
Friday, 12 Apr 2024
Repsol, the Spanish oil and gas producer, has announced the completion of the group’s largest solar power plant with 637 MW installed capacity.
Photoncycle Prepping For Market Launch With Seed Funding
Norwegian Solar Energy Storage Startup Raises €5 Million From Leading Nordic Venture Capital Firms
Wednesday, 10 Apr 2024
A group of leading Nordic venture capital firms have invested in a seed funding round of Norwegian solar energy storage startup Photoncycle, to help it prepare for a market launch in Europe.
US Utility-Scale Business Led Maxeon Solar’s Q4/2023 Revenues
Preliminary Results Show GAAP Net Loss; Management Offers Subdued Q1/2024 Guidance
Tuesday, 09 Apr 2024
Maxeon Solar Technologies has offered a very conservative shipment and revenue guidance for Q1/2024 after reporting a gross loss of -$32 million and a GAAP net loss of -$184 million in Q4/2023 while sharing its preliminary unaudited results for last .
Japanese Confectionaries Maker Signs Up For Solar Power
Offsite PPA Model Growing In Japan; Bourbon Contracts 6.7 MW DC PV Capacity For Niigata Factories
Monday, 08 Apr 2024
Japanese confectionaries manufacturer Bourbon Corporation will use solar power to power its 5 factories in Japan’s Niigata Prefecture under an offsite power purchase agreement (PPA).
Japanese Group Establishes RE Joint Venture In Africa
Toyota Tsusho Entity AEOLUS To Explore Renewable Energy Sources Including Solar & Wind
Friday, 05 Apr 2024
Banking on the renewable energy experience of its subsidiaries, Toyota Group’s trading arm Toyota Tsusho Corporation has established AEOLUS SAS as a renewable energy independent power producer (IPP) in Africa.
Chinese Manufacturers Shipped Over 40 GW Modules In 2M/2024
InfoLink Consulting Says Europe Top Destination With A Combined 14 GW, Followed By India & Brazil
Thursday, 04 Apr 2024
With more than 43 GW of new module exports during January and February 2024, Chinese solar module manufacturers have started the year with a strong year-over-year (YoY) growth of over 45%, with Europe staying put as the largest destination, says Info.
Canadian Solar Subsidiary Lands Green Loan Facility
Investec Energy & Infrastructure Finance UK Commit Up To €110 Million To Recurrent Energy
Thursday, 04 Apr 2024
The global development and power services business unit of Canadian Solar, Recurrent Energy has secured a new financing facility of up to €110 million ($120 million) as green loan to invest in its growth strategy. The green loan has come in as a .
CIP Tips £250 Million In Leading International Solar Company
Elgin Energy With 15 GW Pipeline Bags Copenhagen Infrastructure Partners As Majority Stakeholder
Thursday, 04 Apr 2024
Danish greenfield renewable energy investor Copenhagen Infrastructure Partners (CIP) has expanded its current project pipeline of solar PV and battery energy storage system (BESS) portfolio by 15 GW with a majority stake in Elgin Energy. Along with.
Irish Government Commits €278 Million To Climate Investments
ISIF Extends Financial Backing To Clean Energy Investments Of CIP, Impax New Energy & ArcTern Ventures
Wednesday, 03 Apr 2024
Renewable energy developers, offshore wind energy and start-ups in energy transition have become the recipients of €278 million ($300 million) new climate investments committed by the Ireland Strategic Investment Fund (ISIF). Among the beneficiar.
Dominion Energy Secures Green Signal For 764 MW New Solar
Virginia Approves Over A Dozen New Projects For US Utility To Help Increase Clean Energy Supply
Wednesday, 03 Apr 2024
US power utility Dominion Energy Virginia will expand its renewable energy portfolio with the addition of 764 MW new solar PV capacity, after securing a green signal from the Virginia State Cooperation Commission (SCC). The commission recently appr.
IRENA Releases Renewable Capacity Statistics 2024
Renewables Account For 86 Percent Of Global Power Sector Additions In 2023; Solar PV Grew By 345.5 GW
Tuesday, 02 Apr 2024
Global renewable energy capacity additions in 2023 grew by 473 GW, accounting for 86% of the total power capacity additions, according to the International Renewable Energy Agency (IRENA).
MN8 Raises $325 Million Gross Proceeds To Accelerate Growth
Goldman Sachs Spin-Off Closes Private Placement To Fund Expanded Operations & Growth
Tuesday, 02 Apr 2024
US-headquartered solar and energy storage company MN8 Energy LLC, a spin-off of Goldman Sachs, has closed its private placement, raising $325 million in gross proceeds to fund its expanded operations and growth. The company raised the proceeds from.
Emeren Group Ltd Reports -$9.3 Million Net Loss For 2023
SOL Cites Project Delays & Regulatory Uncertainty In US & Europe; Pins Hopes On DSA & Growing Demand For Solar
Monday, 01 Apr 2024
US and Europe-focused solar power developer Emeren Group Ltd exited 2023 with a missed guidance and net loss for which it has blamed rising interest rates and project delays for a number of reasons, including regulatory uncertainty in the 2 markets.�.
American Hypermarket Retail Chain Commits To 1 GW RE
Walmart Announces Clean Energy Offtake Agreements, Including For Community Solar In US
Wednesday, 27 Mar 2024
US retail giant Walmart has signed multiple agreements representing nearly 1 GW new clean energy capacity, including community solar, with various companies in the US as part of its plans to enable 10 GW of new clean energy projects by 2030. The gro.
US & Canadian Solar PV Manufacturers Join Hands
Heliene Secures Suniva’s Monocrystalline Silicon Solar Cell Supply To Help Customers Qualify For Govt Incentives
Wednesday, 27 Mar 2024
US-based Suniva has secured a deal to supply its monocrystalline silicon solar cells for Canada-headquartered solar module manufacturer Heliene to enable its US customers to benefit from federal incentives for using solar modules with domestic conten.
Partnership For 600 MW Solar Energy Capacity In Romania
Korkia & Econous Green Energy Target Around 780,000 MWh Solar Energy Production
Tuesday, 26 Mar 2024
Finland-based renewable energy investor Korkia continues its expansion drive, this time in Romania under a partnership with local renewables developer Econous Green Energy.
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