US-headquartered BlackRock and ENGIE backed ENVIRIA’s solar energy growth with a $200 million investment. The funding supports 84 rooftop projects, scalable to 150, secured by EEG tariffs to ensure long-term renewable energy supply. These projects will reduce CO2 emissions by 17,000 tons annually. Flexible financing structures enable ENVIRIA to accelerate construction and optimize long-term project strategies. Some systems are already producing green electricity, with the entire portfolio expected to be grid-connected by 2025, advancing sustainable energy solutions.
ENVIRIA secures $200M from ENGIE and BlackRock for solar expansion
Flexible financing enabled ENVIRIA’s solar expansion, with rooftop systems producing green energy and full grid connection planned by 2025. (Image Credit/Source:AnonimZero/Pexels)
La Chapitre and Gué Ory farms to supply clean energy for 5,795 households, advancing France’s renewable goals. (Image Source: Enoé)
The Assú Sol Complex featured 16 photovoltaic parks with 752 MW capacity and R$3.3 billion investment. (Image Credit/Source: OsmanArbaci/Pexels)
The Escape Solar project spans 900 acres, featuring 389,000 bifacial panels serving major energy users in Nevada. (Image Source: Bechtel)
ESA has begun construction on 14 MW solar projects in Halifax and Lunenburg counties. (Image Source: PRNewswire)