Solar Markets & Finance News

Vattenfall Commits €5 Billion to Germany's Renewable Future

Vattenfall AB is set to invest €5 billion in Germany's green future by 2028, focusing on solar, wind, and e-mobility, transforming energy services sustainably!

Nov 11, 2024 // Markets & Finance News, Vattenfall AB

Romania Launches First Renewable Energy CfD Contracts by 2024

Romania's renewable energy future shines bright as it prepares to sign groundbreaking Contracts for Difference, unlocking 500 MW of solar and 1 GW of wind projects by 2024!

Nov 6, 2024 // Markets & Finance News, Europe, Romania

Saudi Luxury Resort Secures $1.5B Renewable Energy Hub

Discover the $1.5 billion renewable infrastructure revolution powering Amaala resort—featuring solar energy, advanced storage, and sustainable water solutions, set to reshape luxury in Saudi Arabia.

Nov 1, 2024 // Plants, Large-Scale, Commercial, Markets & Finance News, Saudi Arabia, Asia

Endesa's Profits Jump 32.6%, Targets Reaffirmed

Endesa SA shines with a 32.6% net profit surge, driven by booming gas operations and renewable energy growth, despite revenue dips. Strong targets set for 2024!

Oct 31, 2024 // Markets & Finance News, Endesa SA

Brookfield's Neoen Acquisition Conditional on Asset Divestment

ACCC greenlights Brookfield's $6.63B Neoen acquisition but mandates asset sale to ensure healthy competition in Australia's renewable energy sector.

Oct 31, 2024 // Markets & Finance News, neoen, Brookfield, ACCC

BP Completes Lightsource bp Acquisition for Renewable Expansion

BP Plc completes its acquisition of Lightsource bp, enhancing its renewable energy portfolio with a vast 62-GW pipeline across 19 markets, solidifying its commitment to sustainable energy.

Oct 25, 2024 // Markets & Finance News, Lightsource BP, BP Plc

EDPR Sells 240-MW Polish Renewables Portfolio to Orlen

EDPR boosts its asset rotation strategy by selling a 240-MW portfolio in Poland for PLN 1.15 billion, marking a significant milestone in renewable energy investments.

Oct 24, 2024 // Markets & Finance News, EDPR, Orlen

Founder Group's Nasdaq Debut Sees Shares Plummet 20%

Founder Group's Nasdaq debut falters as shares plummet over 20%, shifting focus towards ambitious expansion in Southeast Asia's renewable energy landscape. What’s next for this solar hopeful?

Oct 24, 2024 // Markets & Finance News, nasdaq, Founder Group

US Solar Manufacturing to Receive 25% Tax Credit

The US Treasury's new tax credit for solar manufacturing aims to boost domestic production, with Qcells leading the charge to reshape the solar landscape and energy security.

Oct 23, 2024 // Markets & Finance News, USA, North America

EDF Renewables, Credit Agricole Launch Solar Financing JV

EDF Renewables and Credit Agricole join forces to fund solar innovation in France, targeting EUR 200 million for sustainable energy on industrial rooftops by 2027!

Oct 23, 2024 // Markets & Finance News, EDF Renewables, Credit Agricole

JinkoSolar Plans $632M Share Sale in Frankfurt Listing

JinkoSolar targets $632 million in a strategic share sale to fuel solar growth in the U.S. and expand its manufacturing footprint—transforming the renewable energy landscape.

Oct 22, 2024 // Markets & Finance News, JinkoSolar

Wien Energie Expands Renewables with 130-MW Acquisition

Wien Energie targets a greener future, acquiring 130 MW of renewable power to boost wind production by over 50%, powering 80,000 households and moving toward climate neutrality by 2040.

Oct 21, 2024 // Plants, Large-Scale, Commercial, Markets & Finance News, Wien Energie

Phillips 66 Ordered to Pay $604.9 Million for Theft

Phillips 66 faces $604.9 million verdict for stealing Propel Fuels' secrets, raising stakes in California's renewable energy race after a decisive jury ruling. Higher damages may be on the horizon!

Oct 18, 2024 // Markets & Finance News, USA, North America, Phillips 66

Prime Capital Secures €313M for Green Energy Fund

Prime Capital AG's Green Energy Fund II hits EUR 313M, targeting renewable projects in Scandinavia and Spain with promising returns and a robust investment pipeline.

Oct 18, 2024 // Markets & Finance News, Prime Capital AG

EDPR Reports 5% Growth in Renewables Production

EDPR's renewable output hit 26.5 TWh in 2024, despite challenges from low winds in Brazil. With new solar capacity underway, growth momentum is set for a strong finish!

Oct 18, 2024 // Markets & Finance News, EDPR

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