Solarhybrid to purchase 2.25 GW of solar capacity

10/10/2011 12:18 Renewable


Germany’s Solar Millennium AG will sell its 2 solar power projects to Solarhybrid AG planned to be built in the United States for an unknown sum. The solar parks of 2.24 GW and 1GW capacity will be based in the United States.

The deal is planned to be completed by the end of this month, while the construction of parks is planned to start in 2013. The deal follows a new acquisition of last month made by NRG Energy, which purchased a 250 MW California Valley Solar project from SunPower Corp last Monday. It is the biggest solar power plant of its kind in the country and benefits of 1.24 billion dollars guarantee from the United States Department of Energy. Following the news, Solar Millenium stock prices went up 0.35 euros or 13.81 percent to 2.84 euros in October, while Solarhybrid stocks were flat at 7 euros when Frankfurt bourse closed the trading session October 6.

Daily (22.02.2021): Crude oil prices fell by 2% on Friday amid profit-taking and resumption of US crude supply

22/02/2021 10:39:00

Crude oil prices lost ground on Friday, weighed by profit-taking after breaking new records in more than a year. Furthermore, investors anticipated a partial recovery of crude production in the United States. As a result, Brent oil ended 1.6% lower at $62.91 a barrel, while WTI crude lost 2.1% to settle at $59.24 a barrel.


Average prices rise in French large-scale solar tender, 452 MWp awarded

22/02/2021 08:38:00

The French government has allocated 452 MWp of capacity in its latest tender for utility-scale solar projects in which the average price rose by 4.7% from the previous call.


Israel to link Leviathan gas field to Egypt LNG plants

22/02/2021 08:35:00

The Israeli and Egyptian energy ministers have agreed to build a pipeline to connect Israel’s offshore Leviathan natural gas field to liquefied natural gas (LNG) terminals in northern Egypt, the Israeli minister said on Sunday.