Solar Markets & Finance
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.
Aiko Solar reports record Q3 earnings, nine-month development in 2020 virtually 50% up on 2019 figures
Record Q3 profits has actually helped significant merchant solar cell producer Aiko Solar reported nine-month revenue development of 49.45%, contrasted to the previous year period, exceeding the firm's full-year 2019 profits figure.
Oct 19, 2020 // Markets & Finance, China, c-si manufacturing, Asia, solar cell, PERC, aiko solar
EDFR obtains 4.5 GWac solar properties profile from Geenex
EDF Renewables North America (EDFR) has actually completed the procurement of nearly 4.5 GWac of solar property portfolio located throughout the Pennsylvania, Jersey, Maryland (PJM) area in the United States from Geenex Solar (Geenex).
Oct 19, 2020 // Markets & Finance, USA, North America, Georg Veit, EDF Renewables North America, Geenex, Hanson Wood
6 capitalists send deals for Mahindra's 600MW solar possessions
Mahindra Susten, a renewable energy business of India's Mahindra Group, has actually reportedly gotten deals from 6 financial investors for its 600MW of solar properties.
Oct 19, 2020 // Markets & Finance, India, Asia, mahindra susten, cppib, NIIF
Solar ETF skyrockets as Biden leads in surveys. Various other teams that might benefit from a Democratic win
Invesco's Solar ETF (TAN) has turned into one of the market's best exchange-traded funds, up practically 139% year to day as well as checking as former Vice President Joe Biden leads President Donald Trump in presidential election surveys.
Oct 19, 2020 // Markets & Finance, National Grid, Donald Trump, Joe Biden, Eaton, American Tower, Invesco’s Solar ETF, ETF Edge, DJ Brookfield Global Infrastructure ETF, Crown Castle International, Enbridge, Vinci, Global X’s U.S. Infrastructure Development ETF, Fastenal,, Rockwell Automation, United Rentals, Kansas City Southern
Bifacial panels likely to stay exempt from Section 201 tariffs
US President Donald Trump's plan to reverse the exemption for bifacial panels within Section 201 profession tariffs look readied to be warded off once more.
Oct 19, 2020 // Markets & Finance, Tariffs, USA, Donald Trump, North America, section 201, regulation, bifacial exemption, import tariffs, bifacial tariffs
Harmony Energy targets portfolio growth after small share sale
Harmony Energy is establishing its sights on quickly broadening its profile of projects in the UK, thanks to a financial investment from Ritchie Bland Energy (RBE).
Oct 16, 2020 // Large-Scale, Markets & Finance, Storage, UK, Europe, Harmony Energy, Peter Kavanagh
Scatec Solar to get hydropower developer, proclaims floating solar possibility
Scatec Solar has actually struck a US$ 1.1 billion bargain to obtain leading hydropower developer SN Power, proclaiming the capacity for floating solar on hydro storage tanks.
Oct 16, 2020 // Markets & Finance, Floating PV, Scatec Solar, floating PV, m&a, sn power, norfund, utility-scale solar,, hydro power,
Penn State's 70-MW solar project portfolio is now creating power and sustaining sheep grazing
Penn State University has actually begun buying sustainable power produced from 3 Lightsource bp solar farms that have actually finished building and construction in Franklin County, Pennsylvania. The projects were launched in 2019 upon the finalizing of a 70-MW PPA under which Penn State would certainly purchase 100% of the electricity created by the projects created and also operated by Lightsource bp.
Oct 16, 2020 // Plants, Large-Scale, Commercial, Markets & Finance, USA, Lightsource BP, Pennsylvania, North America, penn state university, Kevin Smith, Solar Project, David Gray, Eric Barron, Emilie Wangerman
Adani Green-Total joint endeavor reaches more than 2.3 GW of operating solar
A freshly formed joint venture (JV) between Adani Green Energy and Total has actually increased its operating solar profile to 2,353 MW after securing extra assets in India.
Oct 16, 2020 // Plants, Large-Scale, Commercial, Markets & Finance, India, Asia, Total, joint venture, Patrick Pouyanné, Vneet Jaain, adani group
National Grid doubles down on United States renewables, Enact reinforces possession management capacities
A round-up of the current news from the United States solar market, consisting of information from National Grid, Enact Systems as well as Inovateus Solar.
Oct 16, 2020 // Plants, Large-Scale, Commercial, Markets & Finance, USA, UTILITY-SCALE SOLAR, North America, Inovateus Solar, national grid us, enact systems, brilliant capital, Daniel Westerman, Deep Chakraborty
Array Technologies upsizes IPO, now intends to increase upwards of US$ 1 billion
Array Technologies has actually upsized its scheduled initial public offering and upgraded its pricing, disclosing the company plans to increase greater than US$ 1 billion in gross earnings.
Oct 15, 2020 // Markets & Finance, IPO, trackers, Array Technologies, nasdaq
Greenbacker Expands right into California Power Optimization Sector with Stem
Greenbacker Renewable Energy Company revealed today that on September 30, 2020, through a wholly-owned subsidiary, it bought the civil liberties to Rodeo Energy Storage LLC, a 10 MW/ 21.3 MWh portfolio of 20 behind-the-meter power storage systems, which were created and also will be created as well as operated by Stem, Inc. (" Stem"), the global leader in artificial intelligence (AI)- driven power storage solutions.
Oct 15, 2020 // Markets & Finance, Storage, USA, Charles Wheeler, North America, greenbacker, Stem, Rodeo Energy Storage
Mainstream Renewable Power continues financing run as 1.3 GW Chilean pipe edges closer
Renewables designer Mainstream Renewable Power (MRP) has shut a US$ 280 million financing facility to assist progress a wind and solar project pipe in Chile with a complete ability of 1.3 GW.
Oct 15, 2020 // Markets & Finance, UTILITY-SCALE SOLAR, Chile, South america, mainstream renewable power, andes renovables, Paul Corrigan
CDPQ looks to increase visibility in Spain after making initial acquisition
Canadian institutional fund supervisor Caisse de dépôt et positioning du Québec (CDPQ) has acquired a portfolio of 73 Spanish solar plants from renewables financier Q-Energy.
Oct 15, 2020 // Plants, Large-Scale, Commercial, Markets & Finance, Spain, Europe, Q-Energy, southern europe, CDPQ, Emmanuel Jaclot
Risen toasts 1.5 GW bifacial module supply deal
Risen Energy has landed a 1.5 GW bifacial module supply manage an unrevealed, yet "popular" independent power producer.
Oct 15, 2020 // Manufacturing News, Markets & Finance, IPP, bifacial, South america, Europe, Africa, Risen, Bypina Veerraju Chaudary, module supply