Solar Markets & Finance News

Columbia regulatory authority approves 73MW solar PPA for default power supply
The General Public Service Commission of the District of Columbia (DCPSC) has approved a 15-year power purchase agreement (PPA) with renewables programmer Invenergy for 73MW of solar power to meet a 5% renewables target for district's default electricity supply.
Aug 9, 2022 // Markets & Finance News, USA, PPA, pv power plants, Invenergy, North America, utility, utility ppa, DCPSC, district of columbia, standard offer service
Brookfield Renewable invested US$ 3 billion in growth initiatives in Q2 alone
Renewables proprietor as well as operator Brookfield Renewable has recorded a solid second quarter, investing more than US$ 3 billion on development initiatives in Q2 alone.
Aug 9, 2022 // Markets & Finance News, USA, South america, Brazil, North America, brookfield asset management, Brookfield Renewable, distributed generation, Brookfield, energy transition fund
Solar e-commerce firm Project Solar elevates USD 23m
US solar e-commerce outfit Project Solar on Friday said it has finished a USD-23-million (EUR 22.5 m) Series A financing round to aid scale its organization in extra markets.
Aug 8, 2022 // Markets & Finance News, USA, North America, Project Solar, Derek Urben
FTC Solar and AUI Partners target distributed generation PV projects in new collaboration
Solar tracking company FTC Solar is working together with solar contracting business AUI Partners on a new offering for the distributed generation market.
Aug 8, 2022 // Markets & Finance News, ftc solar, AUI Partners, Sean Hunkler, Mario Carbone
Duke Energy begins strategic review of commercial renewables service
United States utilities firm Duke Energy (NYSE: DUK) introduced a strategic review of its commercial renewables organization as it reported second-quarter outcomes last week.
Aug 8, 2022 // Markets & Finance News, USA, Duke Energy, North America, Lynn Good
US hydrogen firm signs Greek MoU
Advent Technologies and DEPA Commercial to collaborate on projects with other 'major industrial partners'
Aug 8, 2022 // Markets & Finance News, Storage, Solar to Fuel, USA, Greece, Europe, hydrogen, North America, Konstantinos Xifaras, Vasilis Gregoriou, ADVENT TECHNOLOGIES
French government to increase renewables generation
Proposals consist of wind and solar farms having the ability to sell power 18 months before CfDs says WindEurope
Aug 8, 2022 // Markets & Finance News, France, Europe, Pierre Tardieu
Brookfield Renewable invested US$ 3 billion in growth initiatives in Q2 alone
Renewables owner and operator Brookfield Renewable has actually recorded a strong 2nd quarter, spending more than US$ 3 billion on development initiatives in Q2 alone.
Aug 8, 2022 // Markets & Finance News, USA, South america, Brazil, North America, brookfield asset management, distributed generation, Brookfield, energy transition fund
Enfinity Global protects US$ 242 million for 70MW of solar PV in Japan
Renewables designer and sustainability services provider Enfinity Global has protected ¥ 29 billion (US$ 242 million) in lasting financing for three lately finished utility-scale solar plants in Japan amounting to 70MW.
Aug 8, 2022 // Markets & Finance News, Japan, UTILITY-SCALE SOLAR, Asia, japan solar, Enfinity Global, Japan FiT
Inflation Reduction Act passes US Senate, enact House of Representatives anticipated this week
The Inflation Reduction Act (IRA), that includes US$ 369 billion in energy security and climate modification programmes over the next ten years, passed in the senate on Sunday, leading the way for its motion to the House of Representatives and also succeeding signing by President Joe Biden.
Aug 8, 2022 // Manufacturing News, Markets & Finance News, USA, ITC, North America, investment tax credit, solar manufacturing, Inflation Reduction Act, investment tax credits, production tax credit
Infracapital invests ₤ 200m in Gridserve
EV infrastructure designer working on solar energy version for billing fleet
Aug 8, 2022 // Markets & Finance News, Storage, UK, Europe, Toddington Harper, Infracapital
Magnora enters UK solar, storage market
Norwegian programmer to start with 60MW PV and also 40MW battery plan
Aug 8, 2022 // Markets & Finance News, Storage, UK, Europe, magnora, Erik Sneve
AES on track for 2022 renewables contract targets, driven by United States market
Energy technology company AES Corporation is still on track to reach its target of 4.5-5.5 GW in long-lasting renewables and also energy storage contracts in 2022, having actually currently signed 1,618 MW in the year to date, according the firm's Q2 economic report.
Aug 8, 2022 // Markets & Finance News, PPA, pv power plants, financial results, AES, us, AES Corporation, project pipeline
US community solar to grow 7GW by 2027 as even more states want to expand access
At least 7GW of US community solar is anticipated ahead online in the next 5 years, according to new research study from Wood Mackenzie (WoodMac).
Aug 5, 2022 // Markets & Finance News, USA, New York, Wood Mackenzie, North America, Community Solar, ccsa, coalition for community solar access
EDB provides funds for 65 MW of solar in Armenia
The Eurasian Development Bank (EDB) will provide up to USD 37 million (EUR 36.3 m) in financing for the construction of approximately 65 MW solar power capacity throughout 11 facilities in Armenia.
Aug 5, 2022 // Markets & Finance News, Europe, Armenia, EDB