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X-ELIO Gets Financial Closing Of EUR 102mn For Spanish Solar Projects

Global renewable energy player X-ELIO has closed a financing deal for three solar power projects located in the Spanish region of Extremadura. The three solar projects are , Los Llanos I, II and III, that will specifically come up in Medina de las Torres municipality, Badajoz, Spain. X-ELIO has secured EUR 102 million for the […]

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SunPower Secures $450 Million To Meet High Solar Loan Demand In US

North American solar power giant SunPower has secured financing commitments of more than $450 million for its residential solar and storage loan program in the US from HASI and from Crédit Agricole CIB. The vehicle will acquire loans made to SunPower customers and is non-recourse to SunPower. Through this transaction, SunPower Financial will continue to […]

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GIG, Shell Energy To Deliver 200MW Australian Energy Storage System

Green Investment Group (GIG) and Shell Energy Operations (Shell Energy) have partnered to deliver a utility-scale battery energy storage system (BESS) in Cranbourne, Victoria. GIG belongs to Macquarie Asset Management. GIG said that once fully operational, the 200MW / 400MWh Rangebank BESS will have the storage capacity to power the equivalent of 80,000 homes across […]

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Electriq Power Secures $300 Million for Solar+Storage Financing

Silicon Valley-based Electriq Power which provides intelligent energy storage and management for households and small businesses, has announced that it has entered into a multi-year agreement with a major US clean-energy company for financing purposes. The provider company provides a platform that designs, proposes and finances solar and storage projects nationwide. Electriq Power said that […]

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Energy-tech Startup Zendure Introduces First Plug-and-Play Energy Storage System

Energy-tech startup Zendure has introduced SolarFlow, which is said to be the first plug-and-play solar energy storage system for balconies. The energy storage system is made up of a PV hub and boasts of upto four batteries. SolarFlow offers compatibility with the usual balcony solar panels and lets residents in apartment and condos to store […]

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IbVogt Selects Nextracker to Supply Solar Trackers for 150 MW Power Plant in Spain

Solar tracker solutions provider for utility-scale and distributed generation projects Nextracker has secured a new deal in Europe for its terrain-following solar tracker NX Horizon-XTR™ (XTR). IbVogt, German international solar developer, has chosen Nextracker’s XTR for the 150 MW Garnacha solar power plant in Spain. The project is backed by a twelve-year power purchase agreement […]

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Google Signs Agreement with Sol Systems for Solar Energy at its Campuses

American multinational technology firm Google has signed a pact with US solar energy firm Sol Systems to help power up its campuses in North and South Carolina with solar energy. The statement called the pact a “unique renewable energy procurement and investment strategy” facilitating the development of new solar energy projects that also help provide […]

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FuturaSun Plans New 2 GW Solar Module Facility in Italy

European solar module maker headquartered in Italy, FuturaSun has announced that it has acquired a 24,000 sq meters plot of land in the industrial area of Cittadella (Padua) to establish a new Italian solar module Gigafactory. FuturaSun said that the new factory will reach a 2 GW annual production capacity of high-efficiency photovoltaic modules that […]

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In US, An Aerospace Manufacturing Hub Powered By Solar Micro Grid

Jackson County, West Virginia in the US saw the top executives of three companies on Saturday break ground on a project on more than 2,000 acres of land. BHE Renewables, a Berkshire Hathaway Energy business, is developing the property into a first-of-its-kind solar energy microgrid-powered industrial site. Precision Castparts Corp. (PCC), a Berkshire Hathaway Inc. […]

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