Solar Markets & Finance News

Better Energy Secures Funding for Danish Solar Park Expansion
Danish renewable energy company Better Energy secures funding from Jyske Bank for 200-MWp solar parks, powering 131,000 Danes. Collaboration with Industriens Pension continues to expand.
Feb 2, 2024 // Plants, Commercial, Markets & Finance News, Sweden, Europe, PV Power Plant, Better Energy
Greek Power Utility PPC Secures Financing for Massive Solar Project
Greek power utility PPC SA's renewables arm secures debt financing for a 550 MW solar project in Western Macedonia. The Phoibe project aims to generate 1 TWh of electricity annually, powering 200,000 homes.
Feb 2, 2024 // Markets & Finance News, Europe, PV Power Plant, PPC, Macedonia
Altus Power Expands Solar Portfolio with Vitol Acquisition
Altus Power secures an 84 MW solar portfolio, expanding its client base and funding facility to further support commercial solar assets.
Feb 1, 2024 // Plants, Markets & Finance News, Altus Power
Vesper Energy Secures $590M Funding for Texas Solar Project
Vesper Energy's $590m debt financing deal for the Hornet solar project in Texas will generate enough electricity to power 160,000 homes annually, stabilizing the grid and reducing price volatility.
Feb 1, 2024 // Markets & Finance News, USA, Texas, North America, vesper energy
Ditrolic Energy Secures BlackRock Climate Finance Partnership investment to Propel Asia-Pacific Solar Revolution
Ditrolic Energy secures funding to develop 1GW of solar projects in Asia-Pacific. The investment will support the growth of their clean energy solution, EnerLoop, and establish Malaysia as a central investment hub.
Feb 1, 2024 // Plants, Commercial, Markets & Finance News, Asia Pacific, Ditrolic Energy
Global Clean Energy Spending Hits $1.8T, Falls Short of Net-Zero
Global clean-energy spending hits record high of $1.8 trillion, but more investment is needed to achieve net-zero emissions. China leads, but US, UK, and Europe show promising growth in renewable energy and electric vehicles.
Jan 31, 2024 // Markets & Finance News, China, Asia
EOS Investment Management Group Acquires Lightsource BP's Italian Solar Portfolio
EOS Investment Management Group strengthens its position in the Italian clean energy sector with the acquisition of six solar greenfield projects, supporting eco-friendly power generation and biodiversity protection.
Jan 31, 2024 // Markets & Finance News, Italy, Lightsource BP, Europe, EOS Investment Management Group
Trilantic Europe Acquires Majority Stake in Solar Mounting Innovator
Trilantic Europe takes majority stake in Aerocompact Group, boosting international growth and potential acquisitions. Founder Mathias Muther retains 40% ownership. Approval pending.
Jan 29, 2024 // Markets & Finance News, Europe, Austria, Trilantic Europe, Aerocompact Group
US Allocates $254 Million to Decarbonize Manufacturing Sector
The US Department of Energy is investing $254 million to decarbonize manufacturing, supporting 49 projects across 21 states. This funding aims to advance next-gen technologies and reduce emissions in key industrial sectors.
Jan 29, 2024 // Markets & Finance News, USA, North America, doe, department of energy
Adani Green Unit Secures Funding to Redeem $750M Bond, Significantly Deleveraging
Adani Green Energy secures funding to redeem $750 million bond, improving access to offshore financing and strengthening its balance sheet. Shares in Adani Enterprises also gain momentum.
Jan 29, 2024 // Markets & Finance News, Adani Green
First Solar Expands Ohio Manufacturing and Distribution Footprint
First Solar expands its manufacturing footprint in Ohio with a new distribution center, aiming to achieve 14 GW of US solar manufacturing capacity by 2026.
Jan 26, 2024 // Manufacturing News, Markets & Finance News, First Solar
Schroders Greencoat Acquires UK's Largest Solar Portfolio
Schroders Greencoat secures £700m solar portfolio deal, adding 53 operating solar farms to their existing 1.35 GWp capacity in the UK. Completion expected soon.
Jan 26, 2024 // Markets & Finance News, UK, Europe, Schroders Greencoat
Enel Subsidiary 3Sun Secures €560M for Solar Manufacturing Boost in Italy
Italian solar module manufacturing subsidiary 3Sun secures €560 million in financing for its Sicily plant, boosting Italy's manufacturing sector. The move comes as Germany faces challenges in solar manufacturing, highlighting opportunities in other parts of the EU.
Jan 25, 2024 // Manufacturing News, Markets & Finance News, Italy, Enel, Europe, HJT Solar
BlackRock Boosts Renewable Power with $500M Investment in Canadian Solar
BlackRock's $500 million investment in Canadian Solar's Recurrent Energy unit will boost renewable power and energy storage projects in the US and Europe, aligning with BlackRock's alternative asset ambitions. Canadian Solar shares surged 21% on the news.
Jan 24, 2024 // Markets & Finance News, Canadian Solar, BlackRock
Exus Expands US Solar Portfolio with 625MW Acquisition
Exus North America secures 625MW solar farm portfolio in New Mexico, bolstering the state's clean energy goals. Partners Group invests $1 billion, fueling Exus' expansion in North America.
Jan 22, 2024 // Plants, Commercial, Markets & Finance News, USA, North America, PV Power Plant, Exus