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Australian energy market

ARENA to Support BP Study to Scale Renewable Hydrogen in Australia

ARENA has announced AUD 1.71 million in funding to BP Australia to assess the feasibility of building a renewable hydrogen facility in Western Australia. On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced AUD 1.71 million in funding to BP Australia Pty Ltd (BP Australia) to assess the feasibility of […]

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Neoen Secures 352 MWp Landmark PPA With CleanCo

Neoen has signed a 352 MWp PPA with CleanCo Queensland in one of Australia’s most substantial renewable energy agreements to date. Neoen, one of the world’s leading and fastest-growing producers of exclusively renewable energy, has signed a 352 MWp power purchase agreement (PPA) with CleanCo Queensland in one of Australia’s most substantial renewable energy agreements […]

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SolRiver Closes on Equity Commitment to Acquire $200 Mn Solar Projects

SolRiver Capital has announced that it has closed an equity commitment from Rockland Capital to acquire up to USD 200 million of solar projects. SolRiver Capital, a solar investment fund that owns distributed-generation and utility-scale projects, announced that it has closed an equity commitment from Rockland Capital, an energy-focused infrastructure investment fund, to acquire up to USD 200 million of solar […]

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Nedstack, Providence to Co-Develop Hydrogen Based Soln to offer Affordable Solar Power

With an aim to offer affordable solar power around the clock, Sydney based innovation firm Providence Asset Group (Providence) and fuel cell manufacturer Nedstack have entered into a strategic partnership agreement to co-develop and deliver hydrogen-based power-to-power solutions for the Australian and Pacific region solar market. Both companies are also looking for the potential to […]

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JinkoSolar Announces Favourable Developments in Patent Litigation

JinkoSolar has announced two separate, significant developments in its defence against patent litigation initiated by Hanwha Q CELLS. JinkoSolar, one of the largest solar module manufacturers in the world has announced two separate, significant developments in its defence against patent litigation initiated by Hanwha Q CELLS. In March 2019, Hanwha initiated the US International Trade […]

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Europe’s Cheapest Corporate Solar and Wind PPAs in Spain, Sweden: BNEF

Spain and Sweden respectively have the cheapest average corporate PPA prices in Europe for wind and solar electricity, according to a new survey. Spain and Sweden respectively have the cheapest average corporate PPA prices in Europe for wind and solar electricity, according to a new survey. The BloombergNEF’s (BNEF) 1H 2020 European Corporate PPA Price […]

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Canadian Solar Raises $30 Mn from CPDFund to Develop Solar Farms in Brazil

Nasdaq-listed Canadian Solar has raised USD 30 million in funding from the China-Portuguese Speaking Countries Cooperation and Development Fund (CPDFund). The Canadian solar photovoltaic (PV) modules manufacturer aims to deploy the funding raised for the development and construction of solar projects in Brazil. As of now, the Canadian company has 1.7 GW of solar PV projects developed and awarded […]

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Long Standing Issues of Long-Term Power Purchase Agreements

The Standing Committee on Energy had recently presented its 4th report in the Parliament, one key area of focus was the state of Power Purchase Agreements The Standing Committee on Energy working under the Ministry of Power had recently presented its fourth report in the Parliament addressing all the financial layouts made by the government […]

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Canadian Solar Secures Financing to Invest in Solar Development in Italy

Canadian Solar has secured a EUR 55 million bilateral Revolving Credit Facility to fund the construction of a 151 MWp of solar PV portfolio in Italy Canadian Solar, one of the world’s largest solar power companies, has announced that it has secured a EUR 55 million bilateral Revolving Credit Facility with Intesa Sanpaolo to fund the construction of a 151 […]

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