Solar Markets & Finance News

In this category, we are collecting all the top financial news from the solar market: selling prices and production costs, project sponsoring and investing, governmental subsidies and grants, tenders, sales and proposals – whatever is related to economics of solar power. Let's keep track of sustainable energy market events together.

Acciona shareholders give green light to IPO of renewables unit
Spanish power company Acciona has safeguarded shareholder approval for an initial public offering (IPO) of its renewables department, providing a boost for the firm's plans to reach 6GW of set up PV by 2025.
Apr 12, 2021 // Markets & Finance News, Spain, IPO, Europe, Acciona, initial public offering, acciona energia, José Manuel Entrecanales
SPI Energy to get 6.5-MW solar-plus-storage project in Massachusetts
Hong Kong-based SPI Energy Co Ltd (NASDAQ: SPI) has actually consented to get a 6.5-MW neighborhood solar photovoltaic or pv (PV) project combined with 5.45 MWh of storage space in Massachusetts.
Apr 12, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, solar-plus-storage, North America, SPI Energy, Xiaofeng Peng
Canadian Solar begins automation of 665-W, large-cell modules
Canadian Solar Inc (NASDAQ: CSIQ) said on Monday that it has started automation of solar photovoltaic (PV) modules with an individual ability of up to 665 W and also expects to supply the first batch later on this month.
Apr 12, 2021 // Manufacturing News, Markets & Finance News, Canadian Solar, PV module, Shawn Qu
Norwegian thermal battery team seals EUR110m financial investment
The new deal makes Infracapital the largest investor in EnergyNest
Apr 12, 2021 // Markets & Finance News, Storage, Thermal, Europe, Norway, EnergyNest, Christian Thiel
JinkoSolar Reports 31.4 % Boost in Deliveries in FY20, Earnings up 18%.
JinkoSolar has revealed that despite 'extreme difficulties' it took care of to bump up its annual shipments to 18.77 GW in FY 2020. The firm also encountered losses for the 4th quarter.
Apr 12, 2021 // Markets & Finance News, China, JinkoSolar, Asia, International, Xiande Li
L&T wins 1.5 GW solar agreement in Saudi Arabia
The renewable energy branch of Larsen and also Toubro's (L&T) Power Transmission as well as Distribution service has secured an engineering, purchase and also building (EPC) contract for a solar photovoltaic (PV) plant in Saudi Arabia.
Apr 12, 2021 // Plants, Large-Scale, Markets & Finance News, Saudi Arabia, PPA, Asia, PV Power Plant, L&T, Sekharipuram Narayanan Subrahmanyan
California EPC provider Sunworks gets installer Solcius for US$ 51.8 million
Solar and storage provider Sunworks has obtained installer Solcius in a deal worth US$ 51.8 million.
Apr 9, 2021 // Markets & Finance News, California, USA, residential solar, North America, pv residential installer, Sunworks, iSun, peck
New Chinese policy proposition stories terminate of national solar aids
A draft proposal put forward by China's National Development and also Reform Commission might see aids for brand-new solar projects terminated, beginning this year.
Apr 9, 2021 // Markets & Finance News, Policy, UTILITY-SCALE SOLAR, China, Asia, residential solar, subsidies, policy, regulation
Spanish IPP Opdenergy intends to increase EUR400m in initial public offering
Spanish independent power producer (IPP) Opdenergy is preparing to introduce a going public (IPO) to assist fund the advancement of 3.7 GW of renewables projects across Europe and also the Americas.
Apr 9, 2021 // Markets & Finance News, Spain, IPO, Europe, OPDEnergy, Independent Power Producer, initial public offering
United States solar and also wind velocity 'not nearly enough' to satisfy Biden's environment targets
The United States' fleet of solar and wind generation capacity is readied to virtually triple over the next decade, but even this is not nearly enough to satisfy Head of state Biden's enthusiastic decarbonisation targets.
Apr 9, 2021 // Markets & Finance News, USA, BNEF, BloombergNEF, North America, Joe Biden, Solar ITC, itc extension
Dublin-based UrbanVolt to supply solar electricity to businesses for EUR0.10/ kWh.
Dublin-based energy effectiveness business UrbanVolt has actually launched a new service to provide solar power to huge as well as small businesses through roof solar installments.
Apr 9, 2021 // Commercial, Residential, Markets & Finance News, Rooftop PV, EDF Renewables, Elgin Energy, UrbanVolt, Kevin Maughan, Dublin, Wexford Solar
Africa Greentec to mount solar systems in Chad
German Africa Greentec AG has signed framework contracts in Chad for the establishment of a joint venture with the nationwide electrical energy SNE. Through this unique function lorry, the German firm said it is "developing a green power supplier in the country." By the middle of this year, the initial megawatt-scale SNE diesel generators are to be replaced by solar plants.
Apr 9, 2021 // Plants, Markets & Finance News, Germany, Europe, PV Power Plant, Africa Greentec
BlackRock Achieves a USD 4.8 Bn Final Close for Global Renewable Power Fund III
BlackRock Real Possessions has successfully achieved a US$ 4.8 billion last close of Global Renewable Power Fund III (" GRP III" or the "Fund") with dedications from over 100 institutional capitalists, including leading public as well as personal pension plan funds, insurance companies, endowments, structures and also family members workplaces from over 18 nations worldwide.
Apr 9, 2021 // Markets & Finance News, USA, BlackRock, Europe, Asia, North America, David Giordano, BlackRock Renewable Power, Jim Barry
Iberdrola produces JV with insurance policy company to invest in 1GW of Spanish renewables
Iberdrola has created a critical partnership with insurance company Mapfre that will initially purchase 230MW of clean energy projects in Spain, consisting of 130MW of solar PV.
Apr 8, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Portugal, Battery Storage, Iberdrola, Europe, joint venture, utility, data centres, Merlin Properties, Jakob Carnemark
BlackRock elevates US$ 4.8 billion for renewables investment
Possession handling huge BlackRock has raised US$ 4.8 billion from institutional capitalists to money sustainable power generation jobs in Europe, Asia and also the Americas.
Apr 8, 2021 // Markets & Finance News, BlackRock, distributed solar development, renewables investment, blackrock real assets, institutional investors, David Giordano