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German RWE among the top 3 solar developers in the UK with acquisition of JBM Solar

March 6, 2023/in Business/by Solar Business Hub

Germany-based renewable energy company RWE announced the acquisition of London-headquartered independent developer of solar and battery storage systems JBM Solar, placing the company among the top 3 solar developers in the United Kingdom.

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Iberdrola and Exiom to build first large photovoltaic solar panels factory in Spain

February 23, 2023/in Business/by Solar Business Hub

Spanish utility company Iberdrola and solar panels manufacture Exiom Solution partner to build the first large photovoltaic module manufacturing plant in Spain and one of the first on an industrial scale in Europe.

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Enphase Energy expands into the residential battery storage market in Austria

February 22, 2023/in Business/by Solar Business Hub

California-based supplier of solar microinverters and battery systems, Enphase Energy, announced it has started shipping its IQ Battery storage system to customers in Austria, further expanding the product’s availability in the European market, which is already available to customers in Belgium, Germany, and North America.

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Shunfeng International Clean Energy to build 10 GW TOPCon high-efficiency cell production facility in China

February 20, 2023/in Business/by Solar Business Hub

Chinese photovoltaic manufacturer Wuxi Suntech Power Limited (Suntech) announced that its parent company, Hong Kong-based renewable energy solutions provider Shunfeng International Clean Energy Limited (SFCE), has signed a cooperation agreement with the Municipal Government and Suma Park of Suzhou City to build a 10 GW TOPCon high-efficiency cell production facility, as well as photovoltaic, wind power and energy storage projects in China’s Anhui Province, with a total investment of about 10.5 billion RMB  (1.52 billion USD).

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Qcells invests over $2.5 billion to build first fully-integrated solar supply chain in the U.S.

January 30, 2023/in Business/by Solar Business Hub

Photovoltaic manufacturer Qcells, an affiliate of the Hanwha Group, announced it will invest over $2.5 billion to build the first fully-integrated, silicon-based solar supply chain, from raw material to finished panel, in the United States, which represents the largest ever clean energy investment to date in the country.

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Lightsource bp sells 247MW solar photovoltaic project in Spain

January 27, 2023/in Business/by Solar Business Hub

Lightsource bp announced the sale of its 247MW solar photovoltaic (PV) project in to independent renewable energy investors Plenium Partners and Bankinter Investment.

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GreenYellow closes financing for one of the largest solar power plants in Mauritius

January 26, 2023/in Business/by Solar Business Hub

Paris-based provider of solar power solutions, GreenYellow, announced it has concluded a transaction worth Rs 350M (7.5M EUR) with Mauritius Commercial Bank (MCB) to finance a solar photovoltaic power plant Arsenal, Mauritius.

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Irish solar developer secures €240 million financing to construct over 1.2 GW of solar assets

January 24, 2023/in Business/by Solar Business Hub

The European Investment Bank announced it has backed one of the largest ever investments in solar energy in Ireland to support Irish independent power producer, Power Capital Renewable Energy, to bring 1.2GW of solar projects to operation by 2025 and expand internationally.

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EIB commits €28.5 million to build 230MWp of solar farms in Western Macedonia

January 24, 2023/in Business/by Solar Business Hub

The European Investment Bank (EIB) announced it is supporting the construction of one of the largest solar energy projects developed and under implementation in Greece with a €28.5 million loan backed by an EU budget guarantee under the InvestEU programme.

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iSun Inc. wins $5.9 million in new commercial solar projects in Vermont

January 21, 2023/in Business, Press Release/by Solar Business Hub

Williston, VT, January 20, 2023 — iSun, Inc. (NASDAQ: ISUN) (the “Company,” or “iSun”), a leading solar energy and clean mobility infrastructure company with 50-years of experience accelerating the adoption of innovative electrical technologies, today announced that it was awarded contracts with combined value of $5.9 million to implement solar energy solutions for commercial properties with existing customers in Vermont.

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REPP continues to support ARC Power to build solar mini-grids in Rwanda

December 23, 2022/in Business, Press Release/by Solar Business Hub

The UK government-funded Renewable Energy Performance Platform (REPP) announces successful investment exit from British-based mini-grid developer ARC Power.

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Polish PV distributor Menlo Electric secures over EUR 20 Million financing to support its international expansion

November 18, 2022/in Business/by Solar Business Hub

Menlo Electric announced it has signed a financing agreement with Poland’s largest corporate bank, Bank Pekao S.A., which has enabled the company to exceed its 2022 funding target of EUR 20 Million before the end of September.

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