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.

OMERS takes US$ 100 million stake in 'world's largest' solar O&M business NovaSource

OMERS Private Equity, an arm of Ontario-focused pension fund OMERS, has actually gotten a minority stake in the Arizona-headquartered solar operations & maintenance (O&M) provider NovaSource Power Services.

Aug 10, 2022 // Markets & Finance News, USA, pv power plants, North America, clairvest, operations and maintenance, novasource, OMERS Infrastructure, OMERS, novasource power services

FTC Solar's revenue plummets from 2021 as it condemns US import constraints for dampening demand

US solar tracker manufacturer FTC Solar has actually reduced its net losses compared to last quarter and also Q2 2021 however has seen its revenue collapse, condemning a hostile solar market environment in the US that has seen project hold-ups and also cancellations, which it stated it now hoped was pertaining to an end.

Aug 10, 2022 // Markets & Finance News, financial results, trackers, ftc solar, us, tracker manufacturing, AD/CVD, UFLPA, Inflation Reduction Act, IRA

French ground-mounted PV tender awards 339 MW, prices rise

France has awarded 339 MW of new capacity in its most recent PPE2 tender for ground-mounted solar photovoltaic (PV) projects, which asked for 700 MW however wound up undersubscribed as well as saw a boost in the typical proposed price.

Aug 10, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, France, Europe

US govt launches USD-675m critical products research programme

The US Department of Energy (DOE) on Tuesday provided a Request for Info (RFI) in connection with a USD-675-million (EUR 659.6 m) programme for the research, advancement, presentation and also commercialisation of critical products used in clean energy technologies.

Aug 10, 2022 // Technology, Manufacturing News, Markets & Finance News, USA, North America

Genex buying up to 2-GW battery-solar project in Queensland

Australian renewable energy designer Genex Power Ltd (ASX: GNX) has actually struck a bargain to make it the owner of an as much as 2-GW battery-plus-solar project in Queensland that has advancement authorization in place.

Aug 10, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Australia, Oceania, PV Power Plant, Genex

Network Rail and EDF sign UK solar PPA

French utility will make 50MW of power available from its Bloy's Grove PV in Norfolk

Aug 10, 2022 // Markets & Finance News, UK, PPA, EDF, Europe, Matthieu Hue, Network Rail, Jo Lewington, Wendy Morton

Iberdrola commissions 590MW Spanish solar site

Francisco Pizarro project is the programmer's largest facility of this technology worldwide

Aug 10, 2022 // Markets & Finance News, Spain, Iberdrola, Europe

Clearway Energy sees renewable sales rise 31%, while sale of thermal business provides massive cash injection

Clearway Energy's sale of its thermal organization to investment company KKR throughout Q2 netted profits of US$ 1.29 billion, as well as saw its net income skyrocket from the US$ 32 million it recorded in Q2 2021.

Aug 10, 2022 // Markets & Finance News, financial results, Roth Capital, KKR, Clearway Energy Group, TotalEnergies, Inflation Reduction Act

France secures 339MW in undersubscribed solar auction

Average strike costs rise as developers look further north in the middle of land constraints

Aug 9, 2022 // Markets & Finance News, France, EDF, tender, Europe, auction, TotalEnergies, Q Energy, GENERALE DU SOLARE

Borrego bags 100MW solar O&M deal

Agreements are for 2 50MW projects in Ohio scheduled to reach their commercial operation dates in 2023

Aug 9, 2022 // Markets & Finance News, USA, North America, borrego

FTC Solar, AUI Partners collaborate to provide faster tracking solutions to sub-20MW DG projects in the US

Solar tracker maker FTC Solar and power specialist AUI Partners have actually teamed up to provide solar tracking remedies for distributed generation (DG) projects under 20MW within an eight week time frame.

Aug 9, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, trackers, distributed solar, ftc solar, Community Solar, AUI Partners, distributed generation, commercial and industrial

City of Chicago to obtain power from 593-MW solar complex

The City of Chicago has actually devoted to acquiring electricity from a 593-MW solar farm had by Swift Current Energy under a long-lasting offer supporting its objective to cut greenhouse gas emissions by 62% by 2040.

Aug 9, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, solar complex, City of Chicago

Enel Green Power begins business in Vietnam

Italian renewables company Enel Green Power has near to 5,700 MW of projects in the general pipe in Vietnam that are promoted by its new business EGP Vietnam (EGPVN).

Aug 9, 2022 // Markets & Finance News, Asia, enel green power, Vietnam