Solar Markets & Finance News

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.

Housing association-run solar installer Raven Renewables has actually signed a new, exterior bargain to set up solar panels for a fellow social property manager in Kent.

Spanish solar project developer Ansasol has actually acquired debt funding from residential lending institution Banco de Sabadell (BME: SAB) to bankroll the construction of 69.5 MW of photovoltaic or pv (PV) parks in Andalusia.

United States President Joe Biden has actually launched a US$ 26 million-funded project that will certainly demonstrate the US electrical energy grid can accurately run totally on renewables as well as energy storage space.

A 600MW project pipe is being progressed in Sardinia and Lazio

The capital raised will help mass produce 10s of thousands of metric tonnes each year of the silicon-based anode products for use in rechargeable Lithium-ion batteries. The firm declares to have actually currently increased in size this year as it has actually begun to scale up.

Complying with solid demand in the United States market for residential solar, United States solar installer Sunrun raised its customer enhancements by greater than in Q1 as well as uploaded better-than-expected monetary results, while still making a loss.

Primarily driven by a 28% decrease in its polysilicon production cost, Daqo New Energy recorded its best manufacturing volume and also profits in Q2 2022.

Tata Power subsidiary Tata Power Green Energy has actually commissioned a 225MW hybrid wind as well as solar project in the Indian solar hotbed state of Rajasthan.

Continued demand from Americans for rooftop solar has led residential solar installer SunPower to include a record all time high of 19,700 customers in Q2 2022, a 51% year-on-year increase.

Last week, the Australian federal government proposed legislation that will certainly lock-in Australia's commitment to accomplish net zero by 2050 along with offering greater oversight as well as accountability over progression on climate change in a sharp separation from the previous administration.

Agreements with Dawn Solar and EDF Energy Services should help power 20 manufacturing sites

Rishi Sunak and Liz Truss remarks on PV projects raise 'deep concern' at Solar Energy UK

Spanish developer's 15MW in Yamaguchi Prefecture is anticipated to be operational in the 2nd half of 2024