Solar Markets & Finance News

Two PV projects totalling 86MW were successful in the 4th Contracts for Difference Allocation Round

Spain has actually revealed its 4th renewables auction round, to be held on 22 November, with 1.8 GW of solar capacity sought to accelerate the decarbonisation of the country's power system.

Inverter and also power administration options maker SolarEdge has posted record revenues and also inverter shipments for Q2 as it gained from strong demand for its products in the US and Europe, while resolving previous supply chain problems that had actually hindered performance in the previous quarter.

United States programmer, proprietor as well as asset manager Longroad Energy has protected a US$ 500 million equity financial investment to support its business version shift from a "create to sale" strategy to the possession of renewable projects in the US.

Brazilian natural gas and also power company Eneva SA (B3: ENEV3) has protected a loan to fund the growth as well as construction of the 870-MWp Futura 1 solar photovoltaic (PV) project.

The Swiss solar module producer Meyer Burger Technology AG (SWX: MBTN) has decreased its production prepare for this year as well as beside reflect a delayed ramp-up of the production capacity and also supply chain restrictions.

EBRD and various other development banks have authorized the financing plan for Masdar's 230MW project.

Programmer Black Mountain Energy Storage (BMES) has marketed 700MW of development-stage projects to UBS Asset Management, its third substantial sale in the Texas ERCOT market in 2 months.

Zinc-based battery energy storage system carrier Eos Energy Enterprises has secured a US$ 85 million loan center with Atlas Credit Partners (ACP).

The lithium provided by ioneer will certainly be utilized to make electric vehicle batteries in the United States. PPES will be able to produce regarding 150,000 electric vehicles' batteries annually with the amount of lithium provided.

United States solar and energy storage designer Borrego has actually finished the formerly announced spin off and also sale of its development business to energy transition investor ECP for a concealed quantity, with the new company being relabelled as New Leaf Energy.

India set up more than 12GW of solar PV in the fiscal year 2022 (FY2022) yet this is expected to soar to more than 20GW in FY2023 as the nation aims to accelerate its solar implementation, according to JMK Research.

Power optimiser service provider Ampt has filed 2 lawsuits against SolarEdge in the United States alleging patent infringement on power optimiser modern technology.

Private equity company Actis has actually struck a deal to obtain a controlling interest in Dubai-based solar platform Yellow Door Energy Ltd with over 200 MW of protected manufacturing capacity.

Clayfords Energy Storage Limited holds the advancement rights to 50MW lithium-ion storage plant in Scotland