Solar Markets & Finance News

Swift Current Powers NYSERDA with 402 MW Solar
Swift Current Energy has confirmed a 20-year power purchase agreement to its huge 402-MW Solar project in Pennsylvania. This record-breaking NYSERDA procurement is the only project located outside of New York. Construction begins next summer, with commissioning expected 2026. Swift Current is also developing 1,000+ MW of solar and storage projects across former coal mines in PA.
Nov 21, 2023 // Markets & Finance News, USA, Pennsylvania, North America, Swift Current
Ignitis Takes 239-MWp Solar Leap in Latvia
Ignitis Group makes historic FID to build 239-MWp solar capacity in Latvia - largest ever such investment in Baltic states. EUR 178 million investment to increase green generation of Ignitis to 4-5 GW by 2030, construction to start in 2021.
Nov 21, 2023 // Markets & Finance News, Europe, IGNITIS, Latvia
Elecnor-Statkraft Deal: 1.8B EUR for Renewables Unit
Norwegian power company Statkraft AS wins the bid for Spanish infrastructure builder Elecnor SA's renewables unit Enerfin, valued at EUR 1.8 billion. Strengthening its operations in Spain and Brazil, Statkraft secures a share in 1,734 MW of wind and solar projects.
Nov 20, 2023 // Markets & Finance News, Spain, Europe, elecnor, Statkraft AS
GE, Alfanar Unite for 334MW of Renewables in Spain
GE Vernova & Alfanar form JV to develop 334MW of wind & solar projects in Spain; targeting ready-to-build status by 2025 & COD by 2027. Plans to explore battery & energy storage solutions.
Nov 20, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Spain, Europe, Alfanar, GE Vernova
Pacific Green Nabs 51% of 500-MW Italian BESS Portfolio
Pacific Green Technologies Inc has taken a majority stake in a 500-MW/2,800-MWh portfolio of BESS projects in Italy, with the CEO noting the move as part of their European expansion. Construction of the facilities to start in late 2025, with a 35-year operating lifespan.
Nov 17, 2023 // Markets & Finance News, Storage, Italy, Europe, Pacific Green Technologies
EnfraGen Buys 188-MW Latin American Renewables Portfolio
EnfraGen LLC acquires 188-MW renewables and grid portfolio in Panama & Costa Rica - a debt refinancing drives accretive balance sheet.
Nov 17, 2023 // Markets & Finance News, North America, panama, Costa Rica, EnfraGen
Trina Solar Conquers Australia with 1 GW MoU
Trina Solar signs 1GW Vertex Module supply deal with Solar Juice in Australia to boost its presence and meet the growing demand for its Vertex S+ modules. Get the latest on the commercial and industrial Vertex N modules for your business.
Nov 17, 2023 // Markets & Finance News, Australia, Oceania, Trina Solar
Foresight Solar Sells Half Stake in 99-MW Spanish Portfolio
Foresight Solar Fund Ltd (LON:FSFL) sells 50% stake in 99-MW Lorca solar portfolio, 21% premium to value. Funds will be used to reduce credit facility. 200 MW more divestment underway. Alexander Ohlsson highlights successful acquisition strategy.
Nov 16, 2023 // Markets & Finance News, Spain, Europe, Foresight Solar Fund Ltd
Enbridge Invests in Ohio's Largest Solar Project
Experience the first phase of the 749 MW DC/577 MW AC Fox Squirrel solar project joint venture between Enbridge and EDF Renewables, estimated to create 450 jobs and USD 25 million in taxes. Get ready for clean energy from Ohio by the end of the year.
Nov 16, 2023 // Markets & Finance News, USA, North America, Solar Project, Enbridge
JinkoSolar Reaches 200 GW Solar Panel Milestone
Experience the solar revolution with JinkoSolar! Get the highest ever shipments of 16.9 GW in Q1 2021 and enjoy the reliable and efficient solar panel lineup globally. Join the 200 GW solar panel family and enjoy the solar revolution!
Nov 16, 2023 // Manufacturing News, Markets & Finance News, JinkoSolar
Armor Joins French Solar Revolution with HoloSolis Stake
Armor Group has acquired a 20% stake in HoloSolis, a French solar company that plans to build a 5GW factory. Heraeus Holding GmbH also invested less than a month prior. Be part of the change - HoloSolis and Armor Group are creating 1,700 jobs and a EUR-700-million factory with the capacity to produce 10 million solar panels annually.
Nov 15, 2023 // Manufacturing News, Markets & Finance News, Armor Group, HoloSolis
$3M Boosts Perovskite Solar Mfg.
University of Michigan project backed by $3 million grant from NSF seeks to improve process of semiconductor materials manufacturing for perovskite solar cells. New cyber manufacturing technology may radically transform manufacturing, while protecting company info and worker interests.
Nov 15, 2023 // Technology, Manufacturing News, Markets & Finance News, solar cell, perovskite, University of Michigan
Element Energy Soars with $111M Series B Funding
Element Energy just closed a $111 Million Series B investment to deploy its adaptive battery management systems. Co-led by a US clean energy giant & Cohort Ventures, it will use the funds to power 1st & 2nd life batteries, explore EV batteries, & acquire 2+ GWh of lightly-used EVs.
Nov 15, 2023 // Markets & Finance News, Element Energy
China's Renewables Surge: Emissions Fall 2024?
China is on track for an historic decrease in carbon emissions by 2024 due to unprecedented growth in renewable energy production. Learn how this shift is at risk of resistance from coal and local governments in Carbon Brief's new analysis.
Nov 14, 2023 // Markets & Finance News, China, Asia
Growatt’s MAX Series: Boosting India's Solar Expansion
Growatt has made a great impact in the Indian solar market with their locally tailored solutions and advanced technology. Learn how their MAX series of inverters are helping investors achieve high yields and stability, plus discover the MID 33-50KTL3-X2 inverter. Reduce emissions and save water with Growatt's inverters and C&I solutions. Explore their progress in the Indian solar market and become part of their success story.
Nov 14, 2023 // Markets & Finance News, Inverters, India, Asia, inverter, Growatt