Enfinity Global Inc., a US-based renewable energy leader, has announced a $164 million (JPY 26.24 bn) financing for its 250 MW PV portfolio in Japan. Macquarie Capital, part of the Macquarie Group, helped secure this financing from a syndicate led by Shinhan Asset Management. The portfolio comprises seven operating utility-scale solar projects and one under construction, with an enterprise value exceeding $1 billion. According to Enfinity, the portfolio is expected to generate over 300 GWh of clean energy annually, sufficient to power 60,000 Japanese homes and offset 35,000 tons of CO2 emissions.
Enfinity secures $164 million financing
Enfinity Global’s new solar portfolio includes seven operational projects and one under construction, strengthening its Japan market position. (Image Credit: Enfinity Global)
Aiming to support Malaysia’s 31% renewable goal by 2025, Masdar’s study could pave the way for large-scale floating solar in Southeast Asia. (Image Source: Masdar)
Avangrid’s Camino Solar project will generate power for approximately 14,000 US homes and is expected to create $15 million in local tax revenue. (Image Source: Avangrid)
Poland’s solar sector is set to benefit from Suntech’s advanced TOPCon modules under a new 200 MW distribution partnership. (Image Source: Suntech/ Linkedin)
Telecrown’s order from RRP Semiconductor includes silicon solar cells and polycrystalline materials for Maharashtra’s growing renewable energy sector. (Image Credit/Source: fietzfotos/Pixabay)