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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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Duke Energy Adds 150 MW Solar Power In Florida

Duke Energy – St. Petersburg, US based RE player – has announced the completion of two key solar projects in Alachua and Suwannee counties in Florida. Together, the two sites will deliver 150 MW of clean, renewable energy to the grid to benefit Florida customers. These are latest sites in the company’s community solar program […]

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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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Navitas Solar Onboards MECpower as Sole Distributor for Gujarat

Surat-based module manufacturing firm Navitas Solar has onboarded Vadodara-based MECpower Solutions Ltd., a provider of end-to-end solutions in the renewable energy segment, as its sole distributor for solar modules for the Gujarat region. With this collaboration, Navitas has set sights on tapping the huge potential the state offers in the solar power space and expanding […]

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Lightsource bp Closes Financing On 250 MW US Solar Project

Lightsource bp has closed on a $327 million financing package and mobilized construction on the 313 MWdc (250 MWac) Driver Solar project located in Mississippi County, Arkansas. Lightsource bp completed development, permitted and financed the project and will construct the facility under a build-transfer agreement with Entergy Arkansas announced last year. Lightsource bp said in […]

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Octopus Energy Enters Asian Market With 250 MW Solar Push in Japan

London headquartered renewable player Octopus Energy has entered the Asian market. The generation arm Octopus Energy that manages £6bn green energy assets globally has announced its investment in Yotsuya Capital, an innovative solar developer in Japan, with the aim to accelerate Japan’s energy transition. Octopus Energy said that it already has projects in the pipeline […]

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NextEnergy, Statkraft Sign PPA For 210 MW Portuguese Solar Projects

NextEnergy Capital, a UK based global solar specialist in the renewables sector, has announced the signing of a PPA in Portugal with Statkraft AS, a Norwegian state owned utility. The three solar plants owned by NextPower III ESG, an international solar fund managed by NextEnergy Capital, have a total installed capacity of 210MW and are […]

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Will Europe’s Mega Solar Manufacturing Plans Deliver On Promise?

In a recent move that is helping Europe’s solar manufacturing industry gather momentum in an unprecedented way, the European Commission has announced state finance for clean tech manufacturing. This is to be achieved by way of the Green Deal Industrial Plan (GDIP) for European Union. The GDIP will speed up projects by easing up the […]

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Grenergy, Amazon Ink PPA For 469 MWp Solar Energy in Spain

Giving a push to decarbonize its entire business, global ecommerce and cloud giant Amazon has stated that it has signed a new power purchase agreement in Spain for the purchase of renewable energy. The long term PPA has been linked with renewables energy developer Grenergy Renovables SL for 469 MWp of solar energy in Spain. […]

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