Solar energy

Enpal secures € 345 million funding from BlackRock funds and accounts, Pricoa Private Capital, UniCredit and other institutional investors

Thursday, September 23, 2021 - 1:45pm

BERLIN, Sept. 23, 2021 /PRNewswire/ -- Governments and companies will need to invest at least $92 trillion by 2050 in order to cut emissions fast enough to prevent the worst effects of climate change, according to a recent analysis by Bloomberg. More and more financial institutions are therefore promoting investments and funding in green energy.

Key Points: 
  • - Enpal has raised 345 million of committed debt from funds and accounts managed by BlackRock, Pricoa Private Capital, UniCredit and other institutional investors.
  • - Enpal is a fast-growing green tech company in Germany that recently secured a 100 million equity investment from several investors including HV Capital and SolarCity co-founder Peter Rive.
  • In addition, further institutional commitments of 70 million were signed in the form of a subordinated mezzanine loan.
  • "We are very excited to collaborate with leading international players like BlackRock, Pricoa Private Capital and UniCredit," said Enpal founder and CEO Mario Kohle.

Tigo Energy Launches Residential Inverter and Battery Storage Solution Under the Energy Intelligence Brand

Thursday, September 23, 2021 - 11:00am

The new line of EI Battery and Inverter products will allow U.S.-based residential installers to benefit from native integrations of Tigo technology with solar and storage components.

Key Points: 
  • The new line of EI Battery and Inverter products will allow U.S.-based residential installers to benefit from native integrations of Tigo technology with solar and storage components.
  • The program represents an extension of the Tigo Enhanced commercial and industrial solar partnership program into the residential market.
  • When used in combination with Tigo TS4 MLPE products, it provides module-level optimization, monitoring and rapid shutdown, and enables home energy backup when paired with a home energy storage system like the Tigo EI Battery.
  • Available in 7.6 kW and 11.4 kW configurations, the products feature:
    The new Tigo Energy Intelligence Battery provides energy bill management for time-of-use rate plans and backup energy in the event of a grid outage.

Saudi Arabia Data Center Investment Analysis Report 2021-2026 Featuring Major Investors - Gulf Data Hub, Salam, Etihad Etisalat, NourNet, Saudi Telecom Co

Wednesday, September 22, 2021 - 6:30pm

DUBLIN, Sept. 22, 2021 /PRNewswire/ -- The "Saudi Arabia Data Center Market - Investment Analysis & Growth Opportunities 2021-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 22, 2021 /PRNewswire/ -- The "Saudi Arabia Data Center Market - Investment Analysis & Growth Opportunities 2021-2026" report has been added to ResearchAndMarkets.com's offering.
  • Saudi Arabia data center market size will witness investments of USD 1180 million by 2026, growing at a CAGR of 7.85% during the period 2021-2026
    The Kingdom of Saudi Arabia (KSA) is one of the prominent locations across the Middle East for data center investment.
  • The report considers the present scenario of the Saudi Arabia data center market and its market dynamics for the forecast period 2021-2026.
  • With the growth in data center investments, most facilities adopt a medium- to high-voltage switchgear in Saudi Arabia.

Saudi Arabia Data Center Investment Analysis Report 2021: Market will Witness Investments of $1180 Million by 2026 - ResearchAndMarkets.com

Wednesday, September 22, 2021 - 2:23pm

The "Saudi Arabia Data Center Market - Investment Analysis & Growth Opportunities 2021-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Saudi Arabia Data Center Market - Investment Analysis & Growth Opportunities 2021-2026" report has been added to ResearchAndMarkets.com's offering.
  • Saudi Arabia data center market size will witness investments of USD 1180 million by 2026, growing at a CAGR of 7.85% during the period 2021-2026.
  • The Kingdom of Saudi Arabia (KSA) is one of the prominent locations across the Middle East for data center investment.
  • The report considers the present scenario of the Saudi Arabia data center market and its market dynamics for the forecast period 2021-2026.

iSun Selected for Turnkey Professional and Development Services, EPC for 448 Megawatt Solar Portfolio by Fusion Renewable

Wednesday, September 22, 2021 - 1:24pm

iSun, Inc. (NASDAQ: ISUN) (the Company, or iSun), a leading solar energy and clean mobility infrastructure company with 50 years of construction experience in solar, electrical and data services, announced today that Fusion Renewable has selected the company for turnkey professional, development, and EPC services.

Key Points: 
  • iSun, Inc. (NASDAQ: ISUN) (the Company, or iSun), a leading solar energy and clean mobility infrastructure company with 50 years of construction experience in solar, electrical and data services, announced today that Fusion Renewable has selected the company for turnkey professional, development, and EPC services.
  • Projects encompass interconnect applications across 3 locations in Alabama, equaling 448MWdc of solar production - enough to power over 85,000 homes.
  • Total engineering, procurement, and construction (EPC) and renewable energy credits (REC) contracts could exceed $500 million.
  • In April, iSun acquired the intellectual property of Oakwood Construction Services, enabling entry into the rapidly growing solar development services market.

Solar Farm Developers Industry Revenues Are Expected To Steadily Increase Over The Next Five Years

Wednesday, September 22, 2021 - 1:30pm

Today, over 3% of U.S. electricity comes from solar energy in the form of solar photovoltaics(PV).

Key Points: 
  • Today, over 3% of U.S. electricity comes from solar energy in the form of solar photovoltaics(PV).
  • Energy.gov continued: "Moreover, the solar industry is a proven incubator for job growth throughout the nation.
  • A report from IBISWorld added: "Over the (next) five years, revenue within the Solar Farm Developers industry is expected to increase more steadily, albeit at a slightly slower pace...
  • Mr. Morali serves as the Creative Solar Advisor of Green Rain Solar, LLC, a division of the Company focused on development of next-generation solar greenhouses.

Solar Farm Developers Industry Revenues Are Expected To Steadily Increase Over The Next Five Years

Wednesday, September 22, 2021 - 1:30pm

Today, over 3% of U.S. electricity comes from solar energy in the form of solar photovoltaics(PV).

Key Points: 
  • Today, over 3% of U.S. electricity comes from solar energy in the form of solar photovoltaics(PV).
  • Energy.gov continued: "Moreover, the solar industry is a proven incubator for job growth throughout the nation.
  • A report from IBISWorld added: "Over the (next) five years, revenue within the Solar Farm Developers industry is expected to increase more steadily, albeit at a slightly slower pace...
  • Mr. Morali serves as the Creative Solar Advisor of Green Rain Solar, LLC, a division of the Company focused on development of next-generation solar greenhouses.

TravisMathew Launches Eco Collection To Spearhead Company Wide Sustainability Efforts

Tuesday, September 21, 2021 - 4:00pm

The Eco Collection delivers the same uncompromising quality, prints, and patterns customers have come to expect from their favorite TravisMathew styles in multiple color pops and beach-inspired designs.

Key Points: 
  • The Eco Collection delivers the same uncompromising quality, prints, and patterns customers have come to expect from their favorite TravisMathew styles in multiple color pops and beach-inspired designs.
  • From Sept. 20 through Dec. 15, 2021, TravisMathew will donate 100% of profits from the Eco Collection, with a minimum donation of $100,000 to the Surfrider Foundation.
  • "We are extremely excited and proud to launch our Eco Collection benefiting the Surfrider Foundation,"TravisMathewCEO Ryan Ellis stated.
  • TravisMathew is always researching what more we can do to improve sustainability in the company's practices from electric vehicle charging stations to solar energy.

Learn About the Benefits of Solar for Your Home, Family & Community

Tuesday, September 21, 2021 - 12:00pm

To help consumers better understand their options, the American Solar Energy Society (ASES) is hosting its 26th annual ASES National Solar Tour on October 2-3, 2021, and the surrounding weekends.

Key Points: 
  • To help consumers better understand their options, the American Solar Energy Society (ASES) is hosting its 26th annual ASES National Solar Tour on October 2-3, 2021, and the surrounding weekends.
  • Learn why people in your community made the choice to go solar.
  • There is still time to organize a Local Solar Tour or Solar Site in your neighborhood or virtually.
  • Sign up today to be a part of the ASES National Solar Tour and learn how you can be a part of the solar energy solution.

U.S. Development Finance Corporation invests $10 million in Nithio FI to scale clean energy financing in Africa

Tuesday, September 21, 2021 - 11:25am

WASHINGTON, Sept. 21, 2021 /PRNewswire/ --U.S. Development Finance Corporation (DFC) has invested $10 million in Nithio's Financial Intermediary, Nithio FI, B.V., an AI-enabled clean energy financing platform.

Key Points: 
  • WASHINGTON, Sept. 21, 2021 /PRNewswire/ --U.S. Development Finance Corporation (DFC) has invested $10 million in Nithio's Financial Intermediary, Nithio FI, B.V., an AI-enabled clean energy financing platform.
  • The investment, joined alongside FSD Africa Investments and EDFI-ElectriFI, finalized Nithio FI's first round of $23 million.
  • Nithio FI is a blended finance, permanent capital vehicle that is purpose-built to mobilize capital at scale.
  • Nithio advances energy financing at scale through its Financial Intermediary, Nithio FI B.V., which offers receivables-backed financing to off-grid energy providers in Nigeria, Uganda and Kenya.