Solar Markets & Finance News

Spanish utility Naturgy Energy Group SA (BME: NTGY) said on Monday that it is presently building 683 MW of wind and also solar farms in Spain, with strategies to switch them on over the coming months.

Spanish-American renewable resource platform Matrix Renewables on Monday stated that it has obtained a 4.6-GW portfolio of utility-scale solar power projects across the main US from Minneapolis-based SolarStone Partners.

US independent renewable resource supplier Terra-Gen LLC stated today it has actually shut a USD-959-million (EUR 963.4 m) financing for the 2nd phase of its Edwards Sanborn Solar Storage facility in California.

Malaysian energy framework business Yinson Holdings Bhd (KLSE: YINSON) has actually acquired a bulk risk in Indonesian solar options service provider PT Ineco Solar Solutions, thus setting foot right into the country's renewable energy market.

Ontario Teachers' Pension Plan Board has accepted acquire a 30% stake in Indian solar installer Mahindra Susten Pvt Ltd, a unit of automotive group Mahindra & Mahindra (NSE: M&M), in a take care of an equity value of INR 23.7 billion (USD 397.1 m/EUR 298m).

Australian solar systems manufacturer SolarJuice Co Ltd, a system of renewable energy business SPI Energy Co Ltd (NASDAQ: SPI), has actually applied for a going public (IPO) in the United States, seeking to detail its shares on the Nasdaq stock market under the symbol SJA.

United States producer will supply 600MW (dc) of its thin-film modern technology from new Tamil Nadu factory

German PV developer Goldbeck states deal strengthens its position in the Americas

Sunvest Ontwikkeling has actually produced the finances for a 420MW portfolio of 16 projects in the Netherlands

French power group Engie SA (EPA: ENGI) revealed on Friday that it has taken the final investment decision (FID) on its project to develop a green hydrogen production plant in the Pilbara area, Western Australia.

United States solar developer as well as financier Prospect14 has actually set up a joint venture (JV) with a group of financiers and also nuclear power plant operators, intending to establish 10 GW of solar projects in North America by 2025.

National solar services provider SunPower has actually made minority investments in 2 more local solar installers, EmPower Solar as well as Renova Energy. With these investments, Renova (California) and EmPower (New York) are the most recent additions to SunPower's Dealer Accelerator Program. SunPower previously made minority investments in Freedom Solar Power (Texas) and Sea Bright Solar (New Jersey).

Samsung Electronics is shifting far from fossil fuels and aiming to totally power its international operations with clean electrical power by 2050, a difficult goal that professionals claim could be hampered by South Korea's small climate adjustment commitments.

The executed PPAs will certainly enable the construction of ten new large-scale solar projects. These projects are anticipated to be operational in between 2023 as well as 2024.

Up to 1,350 lots of green hydrogen can now be created yearly from renewable solar and wind power in the Wunsiedel Energy Park Siemens statement checked out that the hydrogen will certainly be used largely in the area's commercial as well as companies, however also in road transportation.