SB Energy Global Raises $2.4 Billion For US Solar Projects
Softbank Group-Backed Company Claims To Be 1st To Achieve Financial Close With IRA Benefits
SB Energy Global has announced raising well over $2 billion in financing to support the construction of 4 utility-scale solar power projects in the US.
European Energy Raises Green Portfolio Financing
€150 Million SEB & DNB Financing For Danish Renewables Developer For Renewable Energy Projects
Two Scandinavian banks SEB and DNB have pooled in €150 million to help Danish renewable energy developer European Energy to accelerate its deployment of new wind and solar energy projects. Lent under the new financial instrument called the Gree.
Aigen Bags Funding To Expand Manufacturing Capacity
Solar & AI Powered Robotics Company To Use $12 Million To Bring Technology In Mass Production
Artificial Intelligence (AI) powered solar agriculture robotics company Aigen is inching closer to building its 7,500 sq ft manufacturing and R&D facility in the US, having raised $12 million in Series A financing.
EBRD Considering Loan For Armenian Solar Plant
Masdar Seeking Project Finance For Over $186 Million 200 MW AC PV Facility In Aragatsotn
The European Bank for Reconstruction and Development (EBRD) is considering financing a 200 MW AC solar power plant in Armenia, to be built by the Abu Dhabi Future Energy Company Masdar. The utility-scale project to be located in the towns of Talin .
Solar Power For World’s Largest Phosphate Reserves
Morocco’s OCP Group Bags €100 Million IFC Loan To Deploy North Africa’s Largest Solar & Storage Plant
The International Finance Corporation (IFC) has agreed to provide a €100 million green loan for the world’s largest phosphate-based fertilizer producer to install what it believes is the largest solar and storage plant in North Africa. The 400 .
€2.3 Billion To Flow Into European Renewable Energy Projects
Spain’s Solaria Energia & Bruc Raise International Financing In Separate Deals To Back Over 14 GW Capacity
Two Spanish clean energy developers, Solaria Energia y Medio Ambiente and Bruc, have raised a total of €2.3 billion ($2.43 billion) renewable energy financing from separate lenders to build 14.1 GW new clean energy capacity in Europe. The Europ.
Agrivoltaics Gaining Ground With US Financiers
Massachusetts Sited Agrivoltaic Projects To Come Online By 2023-End With $91 Million Financing
US-based solar developer BlueWave has raised a $91 million financing to advance its portfolio of 20 MW agrivoltaic project capacity, in the making for many years, to bring it online by the end of 2023. The $64 million debt financing from KeyBank and $27 million tax equity raise from U.S.
US Funding For Solar PV Manufacturing In India
DFC To Back Tata Power’s 4.3 GW Cell & Module Manufacturing Plans With $425 Million Financing
The US International Development Finance Corporation (DFC) has agreed to lend up to $425 million to India’s TP Solar Limited, a Tata Power Renewable Energy Limited (TPREL) subsidiary, to support its GW-scale solar cell and module manufacturing capa.
Financial Close For Saudi Solar PV Projects
ACWA Power Led Consortium Raises $1.63 Billion For Over 2.6 GW Utility Scale Facilities
A consortium of local, regional and international banks has pooled in $1.63 billion in financing for over 2.6 GW of solar energy capacity being developed by ACWA Power and partners in Saudi Arabia in the form of Al Shuaibah PV 1 and Al Shuaibah PV 2 projects.
Project Financing For 800 MW DC US Solar Plant
Swift Current Energy Raises €779 Million For Country’s 2nd Largest Single Phase PV Project
Renewable energy developer Swift Current Energy has achieved closure on the $779 million financing for its 800 MW DC/593 MW AC solar project that it claims to become the 2nd largest single phase PV power station in the US, and the largest solar plant in MISO.
China Solar PV News Snippets
DAS Solar Releases New Price List & More From Popsolar New Energy, Akcome Technology, Trina Solar, Hunan Huamin
DAS Solar releases latest price list for its n-type cells and modules; POPSOLAR receives TÜV SÜD certification for its latest n-type TOPCon cell; Akcome’s 1st module rolled out from its 4.5GW HJT & TOPCon PV project; China’s first supply ch.
China Solar PV News Snippets
Tongwei HJT Module Power Sets Record & More From TCL Zhonghuan, GCL Integration, Aiko Solar, Huasun
Tongwei’s 210-66 HJT module record; TCL Zhonghuan released new wafer prices; GCL Integration 20 GW TOPcon cell fab put into operation; Aiko to raise RMB 6 billion for silicon solar cell facility; Huasun produces double-sided microcrystalline 210 HJT cell.
US’ First Solar Raises Fresh Finance
American Solar Module Manufacturer Gets $1 Billion Revolving Credit Facility To Manage Growth
US cadmium tellurium (CdTe) thin film solar module manufacturer First Solar has raised $1 billion in a 5-year revolving credit and guarantee facility, led by JP Morgan Chase, to maintain liquidity as it expands annual production capacity to over 20 GW DC by 2026.
Next Gen Wafer Production In Germany
NexWafe Raises €30 Million For Maiden Factory In Bitterfeld; Announces Saudi Arabia Fab Plans
German solar wafer manufacturer NexWafe has raised €30 million financing from current and new investors including Reliance New Energy Limited for its maiden manufacturing fab in Germany’s Bitterfeld, and plans to establish a new green manufacturi.
Low Carbon Raises £310 million For PV
‘One Among Largest’ Private Construction Debt Facilities Of Its Kind For Renewable Energy
Renewable energy company Low Carbon in the UK has raised £310 million ($385 million) from a host of international lenders to support the construction of an additional 448 MW solar PV capacity in the UK and the Netherlands, moving the company forward.
Egyptian Solar Project Secures $123 Million
ACWA Power Raises International Financing Package For 200 MW Kom Ombo Solar Project
Saudi Arabian energy company ACWA Power has raised $123 million financing package from a host of international lenders to develop its 200 MW utility scale Kom Ombo Solar Project to begin commercial operations in January 2024.
IFC Backing For Malawi Solar & Storage Project
Voltalia Secures IFC To Arrange Finance For 55 MW Solar & 10 MW Storage Facility In Africa’s Malawi
French renewable energy company Voltalia says it has got the International Finance Corporation (IFC) to come on board to help arrange financing for the company’s planned solar and storage project having 55 MW and 10 MW capacity respectively, in Africa’s Malawi.
IFC Backs Solar Power In Morocco
Moroccan Fertilizer Company OCP Gets €100 Million IFC Loan For 202 MW Solar PV Projects
The world’s ‘largest’ phosphate-based fertilizer producer OCP Group has secured a €100 million green loan from the International Finance Corporation (IFC) for a combined 202 MW solar PV capacity development for green fertilizer production in Africa.
30 MW Eritrea Solar Project Moves Forward
African Development Bank Grants $49.92 Million For Large Scale Solar & Storage Project In Eritrea
A 30 MW solar power plant with a 15 MW/30 MWh battery backup system in Africa’s Eritrea has secured $49.92 million grant from the African Development Bank (AfDB) to help increase the African country’s grid connected power generation capacity and bring down its power deficit.
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