Solar Markets & Finance News

US sanctions to redirect Chinese PV supply towards Europe, Asia

Ongoing US-China trade tensions will not ruin solar fortunes on either side as players adapt by redrawing the lines of global supply flows, Fitch Solutions has predicted.

Aug 5, 2019 // Manufacturing News, Markets & Finance News, Policy, Solar, USA, India, China, Fitch, solar pv, trade sanctions, Asia, North America

Japanese giants have solar operations on the down-low

Aug 2, 2019 // Residential, Markets & Finance News, Policy, Solar, Japan, Malaysia, Panasonic, GS-Solar, Kyocera, Residential PV, Asia

Soventix in talks to deploy 100MW solar in Nicaragua

Soventix has been singled out by the Nicaraguan government as the potential developer of a major solar project, the latest in a series of PV moves by the Central American state.

Aug 2, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Policy, Solar, UTILITY-SCALE SOLAR, Soventix, Nicaragua, Salvador Mansell Castrillo, PV plants, North America

SECI issues new 1.5GW PV tender under second phase of CPSU program

The Solar Energy Corporation of India (SECI) has issued another tender, seeking PV developers to help develop 1.5GW of solar projects across the country. This latest tender stands as part of the second phase of the Central Public Sector Undertaking (CPSU) program.

Aug 2, 2019 // Plants, Large-Scale, Markets & Finance News, Solar, India, SECI, tender, CPSU, Asia

German investor scoops up 6.5MW of distributed solar in El Salvador

A German player has become the owner of a distributed solar pipeline in El Salvador, laying the groundwork for construction to launch later this year.

Aug 2, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Germany, El Salvador, MPC Capital, Hamburg, PV plant, Geo Ingeniería, Europe, North America, Costa Rica

Power Energy Corporation buys Nautilus Solar Energy

Power Energy Corporation, a subsidiary of Power Corporation of Canada, has bought developer and asset manager Nautilus Solar Energy from management shareholders and minority shareholder Virgo Investment Group for an undisclosed sum.

Aug 2, 2019 // Markets & Finance News, USA, Canada, nautilus, Power Energy Corporation, Power Corporation of Canada, North America

Enphase Energy microinverter shipments in Q2 surpass 1.2 million

Leading microinverter supplier, Enphase Energy shipped over 1.2 million units in the second quarter of 2019, with its latest IQ 7 model accounting for around 98% of shipment total.

Aug 2, 2019 // Manufacturing News, Markets & Finance News, Inverters, USA, SunPower, Australia, Enphase Energy, microinverters, rooftop, Inverters, Oceania, North America

Capital Dynamics grows Nevada portfolio with solar-plus-storage foray

Global asset management firm Capital Dynamics has purchased an 180MWac / 231MWdc solar project that includes a 90MWac / 360MWh energy storage facility in Boulder City, Nevada for an undisclosed sum.

Aug 2, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Solar, Capital Dynamics, USA, Nevada, Skylar Townsite LLC, Gigawatt 1, Rob Roy, Adam Kramer, North America

Natixis, Arroyo close financing on up to 70MW of PV projects in Chile

Natixis and ARCO 3 SpA have closed senior facilities totaling US$69.1 million for a portfolio of solar PV plants in Chile, with up to 70MW of generation capacity.

Aug 2, 2019 // Plants, Large-Scale, Markets & Finance News, Solar, Natixis, ARCO, Arroyo, Chile, South america

ABO sells Spanish PV portfolio, links debut Hungarian project

ABO Wind has reached key solar milestones across two of its European target markets, notching up a major sale in Spain and linking its first Hungarian PV project.

Aug 2, 2019 // Plants, Large-Scale, Markets & Finance News, Spain, PV Tech, ABO, Wiesbaden, Hungary, plants, Europe

Orange Jordan adds 37 MW of solar under ‘wheeling’ scheme

With grid capacity a limiting factor, the Middle Eastern country has moved to foster private-to-private solar projects to meet industrial power demand.

Aug 1, 2019 // Large-Scale, Commercial, Markets & Finance News, Solar, EBRD, Orange Jordan, Kawar Investment, Hussein Bin Talal, Mafraq, Amman, Jordan, Asia

Microsoft is on a solar shopping spree

The tech giant has signed a power contract for the output of First Solar’s 150 MWac Sun Streams 2 solar plant, bringing its procurement of solar to almost 500 MW – but none of its PV projects have been completed yet.

Aug 1, 2019 // Plants, Markets & Finance News, Solar, USA, Microsoft, Sun Streams2, Virginia, Apple, North America

Safari Energy Offers New Solar Financial Solution

New York City-based solar partner Safari Energy has launched a new solar financial solution.

Aug 1, 2019 // Markets & Finance News, Solar, USA, New York, Solar, John Nordeman, Safari Energy, Matt Rudey, PPL Corp., North America

Portugal claims spot in solar history with record-low auction prices

Portugal’s latest solar auction has concluded with record-smashing low prices, a top government official revealed to PV Tech today.

Jul 31, 2019 // Markets & Finance News, Portugal, PV Tech, Europe

Australia’s green bank will prioritise storage and grid stability in FY20

Australia’s state-run renewable energy financier, Clean Energy Finance Corp (CEFC) will shift gears over the next 12 months to prioritise investments in grid stability and large-scale energy storage, according to its latest funding update.

Jul 31, 2019 // Markets & Finance News, Australia, Clean Energy Finance Corp, CEFC, Oceania

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