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.

Photon Energy boosts green bond issue to EUR 80m
Photon Energy NV (WSE: PEN) has boosted its 2021/2027 green bond to a total amount of EUR 80 million (USD 86.7 m), the Amsterdam-based solar power producer stated on Tuesday.
Mar 29, 2023 // Markets & Finance News, photon energy
Brazil clears 100 MW of solar projects from Oct 14 tender
Brazil's power field regulatory authority Aneel accepted on Tuesday the continuing to be winning projects from the A-5 tender held on October 14, 2022, for a combined solar capacity of 100 MW.
Mar 29, 2023 // Plants, Markets & Finance News, tender, South america, Brazil, Solar Project
Birch Creek purchases United States solar, storage space platform with 5-GW pipeline
US solar project developer Birch Creek Energy LLC on Tuesday claimed it has actually obtained Foundation Solar Partners, a Washington-based market player with an about 5-GW pipeline of solar and energy storage projects.
Mar 29, 2023 // Markets & Finance News, Storage, USA, North America, birch creek
Agilitas Energy Acquires Texas Energy Storage Systems Portfolio for $75 Million
The projects are acquired in the Greater Houston from Gulf States Renewable Energy. Last year Agilitas Energy raised $350 million from CarVal Investors for the purpose of national development.
Mar 29, 2023 // Markets & Finance News, Storage, ERCOT, Agilitas Energy, Barrett Bilotta, ESS, energy storage system, GSR Energy, Gulf States Renewable Energy, standalone battery, storage projects acquisition, Texas storage and solar PV
Nextracker to Supply 810 MW Solar Trackers to United States Solar & Storage Projects
Nextracker signed agreement with Strata Clean Energy for its large-scale solar energy projects in Texas, Arizona, and also Virginia in U.S.A.. Much of the trackers will be sourced from US factories.
Mar 29, 2023 // Markets & Finance News, Storage, USA, Texas, Arizona, Virginia, North America, Nextracker, Dan Shugar, Markus Wilhelm, solar tracking, Strata Clean Energy, IbVogt, Amara Raja Power, decarbonization of steel in USA, software solutions for solar projects, solar tracker supply agreement in USA
Iberdrola to Supply Over 1 TWh Renewable Power to Amazon
Baltic Eagle and also Windanker Offshore Wind Projects of Iberdrola in the Baltic Sea will supply 1.1 TWh of green energy to Amazon yearly. Iberdrola stated that it will certainly likewise utilize Amazon Web Services (AWS) for cloud solutions.
Mar 29, 2023 // Markets & Finance News, Iberdrola, Amazon, Renewable Energy, Ignacio Galán, renewable energy projects, Baltic Eagle, Baltic Hub, largest PPA of Iberdrola, offshore wind projects, solar and wind projects, Windanker
Spruce Power includes 22,500 solar customer contracts to portfolio
US distributed generation (DG) planetary systems proprietor and also operator Spruce Power has actually made its largest inorganic growth financial investment until now, the purchase of regarding 22,500 residential solar contracts under which customers get tidy power generated by rooftop solar residence power systems.
Mar 28, 2023 // Residential, Markets & Finance News, USA, North America, Spruce Power
Toyo Seat, Mazda indication 4.9-MW solar PPA in Japan
Japanese carmaker Mazda Motor Corp (TYO:7261) as well as peer Toyo Seat Co Ltd will certainly offtake 4.9 MW of solar power from neighborhood utility Chugoku Electric Power Co Inc (TYO:9504) under an offsite power purchase agreement (PPA).
Mar 28, 2023 // Markets & Finance News, Japan, Asia, solar ppa, Toyo Seat, Mazda
Electrica buys proprietor of 27-MW shovel-ready solar project in Romania
Romanian state-controlled electricity distribution team Societatea Energetica Electrica SA (BSE: EL), better referred to as Electrica, has actually finished up the acquisition of Sunwind Energy Srl, the developer of a 27-MW solar project in northwestern Romania.
Mar 28, 2023 // Markets & Finance News, Europe, Romania, Solar Project, Electrica
Brookfield Favors Wind in $13 Billion Australian Renewables Plan
Canadian firm inked takeover deal for Origin on Monday Australia has among the highest rates of roof solar
Mar 28, 2023 // Plants, Markets & Finance News, Rooftop PV, Australia, Oceania, Brookfield Asset Management Inc
First Solar Among Winners of India's $2.4 Billion Green Stimulus
United States company receives give for 3.4 gigawatt Tamil Nadu project Avaada is likewise one of the receivers of output-linked funds
Mar 28, 2023 // Technology, Manufacturing News, Markets & Finance News, USA, India, First Solar, Asia, North America
United state eco-friendly electricity exceeded coal in 2022
Electricity produced from renewables surpassed coal in the United States for the first time in 2022, the United State Energy Information Administration revealed Monday.
Mar 28, 2023 // Markets & Finance News, USA, North America, coal
LONGi Steps Up Efforts to Bolster Renewables Biz in Singapore, Indonesia
LONGi has actually entered into renewable resource collaboration as framework distributor in Singapore and also Indonesia. The agreement will improve Indonesia's capability to establish renewable resource and also will certainly promote cross-border electrical energy trade for shared benefit.
Mar 28, 2023 // Markets & Finance News, solar pv, Asia, Singapore, LONGi, Indonesia, Renewable Energy, Battery Storage Systems, Dennis Guo, Indonesian Solar Panel Industry and Renewable Alliance, INSPIRA, Luhut Binsar Pandjaitan, Teo Chee Hean
LGES to Construct $5.5 bn Battery Plant in Arizona
The objective of LGES is to step up EV and also ESS battery production in The United States and Canada. The complicated will certainly have two different production facilities: cylindrical batteries for EVs as well as lithium iron phosphate (LFP) pouch-type batteries for energy storage systems.
Mar 27, 2023 // Markets & Finance News, Storage, LG Energy Solution, Youngsoo Kwon, cylindrical battery, Inflation Reduction Act, LGES, largest standalone battery factory in USA, North America battery market, Queen Creek battery factory by LG
China Energy Proposes $1 Billion Floating Solar Farm In Zimbabwe
1-gigawatt project would be sited on largest man-made lake Southern Africa region suffers from power shortages
Mar 27, 2023 // Plants, Markets & Finance News, Floating PV, China, Asia, PV Power Plant, Southern Africa