FMS, LLC

ENERGY

Atlas Renewable Energy | October 26, 2020

Atlas Renewable Energy, a leading renewable energy company in Latin America, announced today that it has obtained a USD 67 million loan from IDB Invest, member of IDB Group, and from DNB Bank ASA (Norway) to finance the construction of Jacaranda, a 187MWp solar project being developed by Atlas Renewable Energy in Brazil, marking the first time that a Brazilian solar project has been fully financed in US dollars. The loan was secured from IDB Invest, including the Clean Technology Fund and the Ca...

Tesla | February 26, 2020

Tesla and Panasonic are scrapping their partnership in producing solar cells after years of struggling to ramp up output at the Gigafactory 2 in upstate New York. The companies intend to continue working together on automotive batteries for Tesla's electric vehicles. But the latest decision poses yet another setback in their strained relationship, which had once been considered a key component to Panasonic's turnaround. Tesla and Panasonic announced their joint venture on solar cells in 2016. Th...

Inovateus Solar | June 29, 2020

Inovateus Solar has commenced construction of Logansport, Indiana’s, first-ever solar power plant. Inovateus is developing the installation for Logansport Municipal Utility (LMU). Financed by a power purchase agreement (PPA), the solar installation will reduce LMU’s carbon emissions, help to stabilize energy costs for LMU’s customers, and also host a bee and butterfly habitat that will benefit agriculture in the surrounding area. The 80-acre 16-MWAC solar installation will powe...

JinkoSolar | November 21, 2020

On 12 November 2020, the “Customer Value Focused, Advanced PV Technology for Better LCOE-182mm Module and System Technology” Conference, co-sponsored by JinkoSolar, JA Solar and Longi Green Energy, was successfully held in Shanghai. During the conference, solar inverter and tracker manufactures, power design institutes, EPC enterprises and third-party certification institutions issued a comprehensive statement on the design, production cost, supporting infrastructure, ...