Grenergy secures financing for two phases of world’s biggest battery project
Madrid-headquartered independent power producer (IPP) Grenergy has reached financial close on the first two phases of its Oasis de Atacama solar and battery energy storage hybrid project in Chile.
Enfinity Global secures $162.4 million for 250 MW solar portfolio in Japan
Enfinity Global has closed $162.4 million in financing for a 250 MW solar portfolio in Japan. The seven utility-scale projects are expected to produce 300 GWh of clean energy per year.
Longi, Aiko Solar, TCL Zhonghuan, Tongwei to post H1 losses
Longi says it expects a net loss of CNY 4.8 billion ($660.2 million) for the first half of 2024, while Tongwei is bracing for a CNY 3 billion loss. Aiko Solar and TCL Zhonghuan, meanwhile, are predicting losses of CNY 2.9 billion and CNY 1.4 billion, respectively.
Candi Solar Secures $38 million to support clean energy in Africa, Asia
Philippe Flamand, the director and co-founder of Candi Solar, tells pv magazine about the company’s recent $38 million funding round and its plans to deploy renewables in emerging markets.
EDF invests in Israeli robotic agrivoltaics startup
AgRE.tech, which is developing a robotic operating system for existing photovoltaic infrastructure, has raised $2 million from EDF and Zemach Regional Industries. The company says it will soon set up commercial fields.
ACME Solar files request for $359.13 million IPO
ACME Solar Holdings has submitted a request for a $359.13 million initial public offering (IPO).
Tesla battery deployment soars in Q2
Tesla says it has recorded a significant increase in energy storage deployment, officially reporting revenue for 9.4 GWh of deployed storage products in the second quarter of 2024.
ACWA Power lands financing for Central Asia’s biggest battery storage project
The Saudi Arabian developer has reached financial close for the Tashkent Riverside project in Uzbekistan, which includes a 200 MW solar plant and a 500 MWh battery energy storage system (BESS).
Chinese PV Industry Brief: January-May installations hit 79.15 GW
China’s cumulative installed PV capacity reached 690 GW at the end of May, according to recent numbers released by the country’s National Energy Administration (NEA).
Cleantech Solar secures $102 million to advance C&I portfolio in India
Cleantech Solar says it has secured $102.5 million of long-term debt financing from Aseem Infrastructure Finance.
