Image: Fish4fish, Wikimedia Commons
CECEP Solar Energy Technology mentioned it’ll make investments CNY 2.015 billion ($281.2 million) in a “500 MW Desertification-Control Integrated Solar Project” in Inner Mongolia by means of its subsidiary, CECEP Dalad Banner Solar Technology. The venture, positioned in Dalad Banner, Ordos, will mix PV energy era with desertification management, together with a 220 kV booster station, transmission traces, and a 75 MW/150 MWh power storage system.
Goth signed agreements with Datang New Energy and Hebei Linhai Technology Group to collectively develop three power storage stations with a complete capability of 1 GWh, scheduled to be linked to the grid by the top of this yr. The take care of Datang New Energy features a 200 MWh user-side storage station, whereas the partnership with Hebei Linhai contains two separate storage stations, every with a capability of 100 MW/400 MWh. Gotion will use its 314 Ah storage cells in liquid-cooled containers, every containing 160 lithium iron phosphate batteries, and every system will exceed 5 MWh capability.
Standard Chartered Bank closed a six-year, $235 million non-recourse senior secured inexperienced credit score facility to assist the event and operation of a PV manufacturing plant in Wilmer, Texas. The manufacturing facility, constructed for Trina Solar, will span roughly 1.35 million sq. toes (125,419 sq. meters). Standard Chartered served as the only real lead structuring financial institution, bookrunner, inexperienced mortgage coordinator, joint lead arranger, lender, and hedge counterparty for the financing, marking one of many first non-recourse financing offers for a photo voltaic panel manufacturing plant within the United States. United States.
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