Solar Markets & Finance News

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.

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.

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.

Sembcorp Industries Ltd to acquire 245 MW of renewables capacity, including wind, solar and hydropower, for SGD-218-million. Deals to be completed in 2024 and will help Sembcorp reach its goal of 25 GW of gross installed renewables capacity by 2028.

Soltec Power Holdings SA is setting a new industry standard with its 5.6MW solar photovoltaic plant in Murcia, Spain. Financing is made possible with a EUR 3.6 million loan from Triodos Bank and local community crowdfunding of EUR 550,000. Enjoy the fixed price of EUR 54 per MWh for 12 years, plus a 5% market price variation. Join Soltec in the renewable energy revolution with its ambitious 1,000MW portfolio goal by 2025.

Neoenergia and Comerc Energia partner to invest R$500 million in solar energy projects, aiming to reach 1.4GW of installed capacity by 2025. Join the effort to help Brazil reach its renewable energy goals.

Ampyr Solar Europe and Multiplex have partnered to bring a 9,000 MWh solar farm to Northwold in Norfolk, England. By 2024, the solar plant will generate clean, renewable energy for Multiplex, meeting their sustainability goals and commitments for reducing emissions.

Canadian Solar is investing in the US and Southeast Asia, with a new 5 GW solar wafer production unit in Thailand set to be operational by March 2021. Wafers to be used in the Indiana cell plant by 2025. US investment also includes a module assembly plant in Texas and a 1 GWh DC project in Arizona.

Photon Energy seeks an EBRD loan of up to €15 million to finance up to 20-30MW of solar power plants in Romania and Poland. With the loan covering half the cost of the plants, Photon Energy can now participate in capacity market and energy system services auctions. With a portfolio of 123MW in small-mid PV power plants and listing on 3 stock exchanges, Photon Energy is a leader in the industry, headquartered in Amsterdam.

Waaree Energies Ltd receives Letter of Award to deploy 70 MW DC of solar PV capacity; Worth INR 1.83 billion. 135 MW of solar PV modules to be supplied to NTPC Ltd for installation in four months; Waaree also responsible for O&M for five years.

Quinbrook Infrastructure Partners signs agreement for 10 GWh of energy storage solutions from CATL. 5-year framework to supply optimized solutions for projects across US, UK and Australia, 1 GWh of first deliveries for Australia & UK. Already deploying CATL solutions at Gemini solar-plus-storage complex in NV. 20 GW of storage projects in pipeline.

Save on electricity bills with residential solar! Incentives and hardware cost reductions have made it attractive to homeowners, contributing to solar becoming the 2nd largest source of US electricity. Renewable energy is projected to surpass coal and nuclear in 2024.

China to remain the global leader in solar supply chain for the next 4 years, controlling 80% of global capacity. USD 130B invested, cost, tech & policy advantages. Capacity sufficient to cover global demand until 2032. US & India to add 200 GW, but Chinese imports remain.

R.Power acquires a 91 MWp portfolio of photovoltaic projects in Poland, backed by EUR 250 million from investors like Three Seas Fund & EBRD. Join us on the journey as we expand into European markets.

Trina Solar Co Ltd is investing an additional $420 million to expand its production capacity in Vietnam. Discover how the US tariffs this summer affected the company's plans and learn more about the new investment.