After securing a financial hedge for its Talasol solar plant in January, Israeli solar company Ellomay has now entered agreement with Deutsche Bank for the structuring of non-recourse senior debt financing for the project.
The French energy giant has consolidated its new clean energy focus through the acquisition. The Langa group is expected to have operational PV assets of 165 MW in France by the end of the year.
The Chinese project developer expects quarterly revenue to be higher by up to $15 million, and solar module prices to drop significantly in the second half of the year.
Only a third of the projects, however, will reach the auction’s final phase, as the Russian government announced last year it would allocate 829.94 MW of wind and only 150.2 MW of solar in this round of bids.
Energyra promises to be a lot of things: the first module maker to bring production back to the Netherlands; a manufacturer relying entirely on Made in Europe equipment and Dutch back contact solar cell technology; and a start-up betting on quality, innovation, automation, as well as high performance modules. pv magazine visited the company’s factory in Zaanstad, to get more detail on this ambitious project.
Most of the capacity, around 27 MW, was deployed in the emirate over the past eight months.
The Spanish power provider developed the pilot project with the Institut de Recerca en Energia de Catalunya and German spin-off Ineratec. Meanwhile, the European Power to Gas Platform has issued a paper demanding more regulatory certainty for power-to-gas, and to include it as an alternative in the cost-benefit analysis for grid extensions.
The French Environment & Energy Management Agency (ADEME) will allocate €100 million next year to support the nation’s hydrogen industry. The French government believes hydrogen – for storage of renewable power – can become a pillar of its energy transition.
After signing the 27 outstanding renewable PPAs assigned in previous rounds in April, the South African government believes the new procurement round may raise investment of more than $3.1 billion.
The $16.4 million contract relates to the supply of raw material towers and cold-hydraulic heat exchangers for an upgrade project by the Chinese polysilicon manufacturer.
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