Solar Markets & Finance News

Renewable and also nuclear generators will certainly relocate onto contracts for difference (CfD) to make sure that power prices are no more set by the marginal price of gas, Liz Truss, the UK's new prime minister, said today.

Danish renewables developer European Energy A/S on Thursday started an offering of EUR 75 million (USD 74.9 m) well worth of elderly green bonds, seeking to raise fresh funds for its renewable energy projects.

San Diego, California-based renewable resource developer Pathway Power LLC on Wednesday stated it has actually protected a USD-36-million (EUR 36m) strategic financial investment from Forest Road Renewables, part of speciality money platform The Forest Road Company.

Vietnam-based Boviet Solar Technology, a leading global solar power technology firm, has signed an extra order for more than 400 Megawatts of solar capacity with Origis Energy, among America's biggest solar as well as energy storage space developers. Along with the initial 700 MW agreement checked in July this year, the partnership currently covers 1.1 GW of solar capacity.

Russia's battle in Ukraine, rising cost of living as well as skyrocketing power costs have cooled down procurement. There's one gigantic exception: Amazon.

Solar power generation rose 28% in the summer duration contrasted to 2021

Climate law solar debts to assist marginalized communities Boom predicted for community-based solar projects

Solar project designer and operator ReneSola Ltd (NYSE: SOL) swung to a second-quarter GAAP net loss of USD 204,000 (EUR 204,049) as revenues toppled 55.7% on the year, mainly because of postponed project sales in the US.

PV industry anticipated to boost 40% over baseline projections by 2027, according to SEIA report

Lithuanian energy business Ignitis Grupe AB (VSE: IGN1L) stated on Tuesday it has actually sealed a conditional deal to acquire a Latvian business creating a 200-MW hybrid wind-solar park project in its home country.

Bboxx is broadening its footprint in Africa by acquiring pay-as-you-go solar business PEG Africa.

Renewables investment trust Atrato Onsite Energy plc (LSE: ROOF) today stated it has gotten a business that owns 33 MW of solar parks in the UK from Cero Generation, an independent portfolio firm of Macquarie's Green Investment Group (GIG).

US renewable energy plants designer as well as operator Cypress Creek Renewables has shut a USD-216-million (EUR 218m) financial debt funding deal for its 208-MW Zier solar park with battery storage in Texas and also introduced the begin of building and construction activities.

Norwegian power business Statkraft A/S has actually issued EUR 500 million (USD 495.8 m) well worth of elderly unsecured green bonds to secure funds for renewable resource and clean transportation projects.

I-RECs certificates are important as market participants and energy consumers seek transparency in the global market for valuing renewable-origin power generation. & P Global said that Brazil is the biggest I-REC market in Latin America while Turkey as well as India represent 2 of the biggest markets in Asia.