Solar Markets & Finance News

The financing includes an $8.26 million concessional lending as well as an ADB-administered $10 million grant from the Asian Development Fund. Bhutan wishes to move beyond hydropower sources of energy in the sight of climate modification.

Meyer Burger Technology AG (SWX: MBTN) on Friday unveiled the terms for a share issue in which the Swiss solar module producer is seeking CHF 250 million (USD 252.21 m/EUR 251.28 m) in gross proceeds to finance the expansion of its annual production capacity to regarding 3 GW.

South African solar power manufacturer Sola Group has signed land lease agreements with utility Eskom Holdings SOC for sites that will end up being home to 2 renewable power parks totalling 345 MW.

The procurement substantially strengthens its renewable development pipeline in The United States and Canada. The deal consists of 33 projects making up some 2.7 GW of solar with 0.7 GW of paired storage and 2.6 GW of stand-alone battery storage.

Arevon Energy has actually secured a greater than 2-GWDC supply of advanced Series 7 thin-film solar modules from First Solar to sustain its growing renewable resource portfolio.

Peninsula Clean Energy as well as Renewable America are announcing a new solar project that will provide emission-free power to disadvantaged consumers in San Mateo County and the City of Los Banos.

Colombian power energy Enel Colombia reserved a web profit of COP 2.31 trillion (USD 479.7 m/EUR 478.0 m) for the nine-month period through September, boosting the bottom line by 85.1% year-on-year, the business claimed on Wednesday.

Protectionist policies limit flow of goods as well as capital: study Such procedures can add 25% to solar module prices by 2030

Japanese firm Osaka Gas Co Ltd (TYO:9532), currently also functioning as Daigas Group, is buying 131 MW of regional solar parks had by independent power manufacturer (IPP) Sonnedix Power Holdings Ltd

Spanish renewables developer Grenergy Renovables SL (BME: GRE) claimed on Thursday it had authorized 2 power purchase contracts (PPAs) to provide around 240 GWh of solar power annually to a utility in Chile.

Israel's Noy Fund and Spanish investment and administration services strong Eranovum have actually closed two power purchase contracts (PPAs) to supply electricity from a pair of solar farms with a total amount of 324.2 MWp that they have in Spain.

To reduce the carbon emissions that are driving climate adjustment and meet climate targets, the world will certainly require to deploy renewable energy at an unprecedented speed and scale. Solar power promises to play a crucial role in accomplishing a sustainable, low-carbon power future, especially if the cost of manufacturing continues to decline as it has over the last 40 years.

The 330MW Meadow Creek in Victoria will certainly make use of the firm's grid-connected service

GreenGo Energy as well as Nordic Power to start building of first project by the year-end

Norwegian energy associations Norwea as well as Energi Norge have incorporated to create a new entity called Fornybar Norge. The new company will be a large rate of interest organisation committed to renewable energy in Norway. The claimed organisation will begin operations from January 1 following year.