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.

Canadian Solar Mulls Solar & Battery Storage Production Expansion in China
Its majority-owned subsidiary CSI Solar has actually participated in a multi-year investment agreement with the municipal government of Yangzhou City in Jiangsu Province in China. In initial phase, the company will certainly include a capacity of 14 GW of wafer and also cell production.
Feb 1, 2023 // Manufacturing News, Markets & Finance News, Canadian Solar, China, Asia, solar cell, solar module, Shawn Qu, CSI Solar, solar wafer, N-type TOPCon, battery system, capital expenditures, Jiangsu Province
EDP turns on 1.25 MW of solar in Brazil
Brazilian power utility EDP Brasil SA (BVMF: ENBR3) has taken into procedure 1.25 MW of solar power plants in the nation's south.
Feb 1, 2023 // Plants, Markets & Finance News, EDP, South america, Brazil, PV Power Plant
Bpifrance invests in French renewable power producer Qair
French financial investment bank Bpifrance has come to be an investor in compatriot Qair after participating in a financing round sustaining the renewable power manufacturer's growth in the domestic and also international markets.
Feb 1, 2023 // Markets & Finance News, France, Europe, Qair, Bpifrance
Canadian Solar sells part of Italian fund with 124-MWp solar portfolio
Canadian Solar Inc (NASDAQ: CSIQ) will discharge 30% of the favored units of CSFS Fund I, its first Italian different mutual fund which holds a 124.2-MWp portfolio of under-construction solar projects across Italy.
Feb 1, 2023 // Markets & Finance News, Canadian Solar, Italy, Europe
General Motors Commits $650 Million to Secure EV Raw Materials
General Motors invests $650 million in lithium mining to secure its electric vehicle supply chain and support its future production of more than 1 million EVs annually in North America by 2025.
Feb 1, 2023 // Markets & Finance News, Storage, Transport, USA, North America, EV, General Motors
Wind and solar overtake gas in EU power generation in 2022
Wind and solar produced a record 22% of EU power last year, helping Europe to prevent a go back to coal power in the middle of the 2022 energy crisis, according to a report published today by power brain trust Ember.
Jan 31, 2023 // Markets & Finance News, Europe
Banco Santander, Holaluz to promote self-consumption solar in Spain
Banco Santander (BME: SAN) will start using its clients a product that will enable them to obtain financing to equip their homes with photovoltaic (PV) panels, the Spanish lender claimed on Friday.
Jan 31, 2023 // Markets & Finance News, Rooftop PV, Spain, Banco Santander, Europe, Holaluz
Norsk Solar protects funding for 18 MW of fresh solar in Brazil
Norwegian company Norsk Solar AS (FRA:62 L) revealed today that it has received greater than BRL 50 million (USD 9.8 m/EUR 9m) in non-recourse project financial obligation for the installation of 18 MW of solar capacity in Brazil.
Jan 31, 2023 // Markets & Finance News, South america, Brazil, Norsk Solar
SSE buys rights to 3 solar sites in UK
UK energy firm SSE PLC's (LON: SSE) Solar and Battery unit has actually acquired the rights to 3 solar sites in the county of Nottinghamshire, East Midlands, which are presently experiencing a formal planning application process.
Jan 31, 2023 // Markets & Finance News, UK, Europe, SSE
Onde gets financing for 18-MW solar portfolio in Poland
Onde SA (WSE: OND), the renewables construction business of Polish group Erbud SA (WSE: ERB), claimed it has obtained a PLN 56 million (USD 13m/EUR 12m) loan from Polish lender mBank to finance an 18-MW solar photovoltaic or pv (PV) Cyranka portfolio in Poland.
Jan 31, 2023 // Markets & Finance News, Poland, Europe, Onde
Poland's PFR fund to co-finance nation's very first 200-MW solar-wind project
Polish Development Fund (PFR) said one of its units will give a PLN-90-million (USD 20.8 m/EUR 19.1 m) subordinated financing to Lewandpol Group, developing the first 200-MW solar as well as wind project in Poland.
Jan 30, 2023 // Plants, Markets & Finance News, Storage, Poland, Europe, solar-wind project, PFR
DTEK, developers discuss resuming renewables construction in Ukraine
Ukrainian energy team DTEK is holding talks with renewable energy programmers to resume building deal with various solar and also wind farms in the country, according to president Maxim Timchenko.
Jan 30, 2023 // Markets & Finance News, Ukraine, DTEK, Europe
Nomad Electric opens Lisbon office to support PV projects
Company will certainly provide control systems and O&M services to a 70MWp portfolio
Jan 30, 2023 // Markets & Finance News, Portugal, Europe, Nomad Electric
BayWa offers Bracks UK solar farm
The project received a CfD in allocation round 4
Jan 30, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, UK, Europe, BayWa, solar farm
NSW shortlists 4.3 GW of projects in inaugural renewables tender
New South Wales has actually shortlisted 16 projects envisaging the release of more than 4.3 GW of power generation and storage space capacity to continue in the preliminary of tenders intended to promote the production of a large renewable energy zone.
Jan 27, 2023 // Plants, Markets & Finance News, tender, nsw