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Ørsted Secures Funding for Renewable Hydrogen Project

Together with its partners, Ørsted has received funding for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. Together with its partners, Ørsted has announced that it has received funding of DKK 34.6 million for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. The plant will use electricity from offshore […]

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100 GW Milestone Achieved, Sungrow Looks To New Horizons for Growth

Hefei, China based Sungrow Power Supply Company (Sungrow) announced a key milestone of 100 GW of cumulative installations for its inverter range this week, before the end of the year 2019. The firm  has a wide offering of inverters for renewable deployment, with sizes ranging from 2.5 KW for rooftops to 6.8 MW for Utility […]

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Greenbacker Secures $68 mn Debt Financing for 3 Wind Energy Assets

Greenbacker Renewable Energy has completed a USD 68 million debt financing agreement to be placed on a portfolio of three operating wind assets. Greenbacker Renewable Energy has announced that it has completed a USD 68 million debt financing agreement with Bayerische Landesbank. The debt will be placed on a portfolio of three operating wind assets, […]

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EIB and Hydrogen Council Sign Agreement to Finance Hydrogen Projects

EIB and Hydrogen Council to collaborate on the development of innovative schemes to finance hydrogen projects to address climate change. The Hydrogen Council, a global initiative of CEOs representing energy, transport, and industry organisations advocating for the accelerated deployment of hydrogen solutions, and the European Investment Bank (EIB), one of the world’s largest providers of […]

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Solis Hybrid Inverters and LG Chem Deliver Solar-Plus-Storage Solution for Homeowners

Ginlong Technologies (Stock Code: 300763.SZ), a global leader in photovoltaic string inverter manufacturing, announces that its Solis storage inverter is now compatible with LG home battery RESU. The Solis Residential Hybrid Inverter (RHI) now is fully compatible with LG RESU 48V line-ups  to provide stable, reliable home energy storage. With this partnership, Ginlong is offering […]

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BP Increases Stake in Lightsource BP to Form a 50:50 JV

The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 JV structure The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 joint venture (JV) structure. As part of the transaction, BP will purchase newly-issued equity […]

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India Extends LOCs for two Solar Projects in Guinea

India has extended Line of Credits for two solar projects in Guinea. The development of solar projects reflected Guinea’s commitment to ISA. India has extended Line of Credits for two solar projects in Guinea. The agreements were exchanged in the presence of External Affairs Minister S Jaishankar and his Guinean counterpart Mamadi Toure. The two countries […]

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Futuren Commission 2 Wind Farms in France, Bags Permit for Building Next

Futuren has commissioned two wind farms with a combined capacity of 50.8 MW and obtained a new building permit to install 4 wind turbines in France. Futuren has announced that it has commissioned two wind farms with a combined capacity of 50.8 MW and obtained a new building permit, free of any third-party claim, to […]

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AC Energy Launches $400 mn Fixed for life Green Bond

AC Energy has successfully set the terms of its senior perpetual fixed-for-life green bond issuance at an aggregate principal amount of USD 400 million Ayala Corporation’s energy platform, AC Energy has announced that it has successfully set the terms of its inaugural US dollar-denominated senior perpetual fixed-for-life (non-deferrable) green bond issuance at an aggregate principal […]

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