Solar Markets & Finance News

Longi's Solar Job Cuts Signal Industry Turbulence

Longi Green Energy Technology Co. faces tough decisions in the competitive solar industry, cutting staff to stay afloat. Despite challenges, a rebound is possible by 2024.

Mar 19, 2024 // Markets & Finance News, LONGi

Solarpack's Garcia Perez to Lead LatAm Expansion

Solarpack appoints Jose Luis Garcia Perez as CEO of Latin America unit to strengthen regional presence and accelerate growth, leveraging his extensive renewables industry experience.

Mar 15, 2024 // Markets & Finance News, Spain, Europe, Solarpack, Garcia Perez

China's Solar Firms Hope for Relief Amid Power Curbs

China's solar industry sees hope as government may lift power curbs, boosting installations and clean energy growth. Policy changes could drive solar panel installations to new heights.

Mar 13, 2024 // Markets & Finance News, China, Asia

Portugal's EUR 350m Aid Boosts Renewable Equipment Production

Portugal's EUR 350 million state aid scheme for renewable energy equipment approved by the European Commission, accelerating the country's transition to a net-zero economy.

Mar 13, 2024 // Markets & Finance News, Portugal, Europe

US Solar Factories Face ‘Rude Awakening’ Amid Price Plunge

US solar factories face uncertain future as cheap imports drive prices down, risking factory cancellations despite federal subsidies. Can Biden's clean energy push overcome global competition?

Mar 12, 2024 // Markets & Finance News, USA, North America

China Solar Stocks Soar on Installation Curbs Easing

Chinese solar stocks soar as government hints at easing renewable installation caps. Analysts predict a brighter outlook for the sector with potential curtailment rate increase.

Mar 11, 2024 // Markets & Finance News, China, Asia

Longi Green Energy Urges Beijing to Regulate Solar Prices

Longi Green Energy urges Beijing to regulate solar prices, prioritize quality over cost. Chairman Zhong Baoshen calls for new bidding rules to support industry innovation.

Mar 4, 2024 // Markets & Finance News, China, Asia, longi green energy

J-Power's AUD 381m Bid Sends Genex Shares Soaring

Genex Power Ltd receives AUD 381 million takeover proposal from J-Power, causing shares to surge by 32.4% in Sydney. J-Power offers a 65% premium for remaining shares.

Mar 4, 2024 // Markets & Finance News, J-Power, Genex Power Ltd

SolarMax Shines Bright in Wall Street Debut

SolarMax Technology shines on Wall Street with successful IPO, doubling share price to $8 and raising $18 million in gross proceeds. Founded in 2008, the company specializes in solar and LED systems for residential, commercial, and government clients.

Feb 28, 2024 // Markets & Finance News, wall street, SolarMax

US Solar Importers Face Scrutiny Amid China Labor Crackdown

Department of Homeland Security ramps up scrutiny on solar companies, targeting Chinese forced labor. Are you prepared to prove your supply chain's integrity?

Feb 27, 2024 // Markets & Finance News, USA, China, Asia, North America

Neoen's AUD 1.1B Debt Deal Fuels Aussie Renewable Expansion

Neoen SA secures $721 million debt financing for Australian wind, solar, and battery projects, paving the way for ambitious growth goals.

Feb 27, 2024 // Markets & Finance News, Australia, neoen, Oceania

Nordic Solar Expands with 40-MWp Swedish PV Acquisition

Danish solar powerhouse Nordic Solar A/S expands into Sweden with 40-MWp project on picturesque Gotland island, part of ambitious 270-MWp pipeline.

Feb 26, 2024 // Plants, Markets & Finance News, Sweden, Europe, Nordic Solar

Highfield Solar Secures Financing for Irish Solar Project

Highfield Solar Ltd secures EUR-65-million financing for 93-MWp Gaskinstown solar park in Ireland, set to be completed by September 2024 with cutting-edge technology.

Feb 26, 2024 // Plants, Markets & Finance News, Ireland, Europe, Highfield Solar

French Firms Innovate: Trading Tax Credits for Clean Power

Schneider Electric and Engie North America team up to boost clean power projects in Texas using innovative financing strategy. Accelerating the energy transition in the US!

Feb 21, 2024 // Markets & Finance News, Schneider Electric, ENGIE North America

Origin Energy Acquires 1.3-GW Wind-Solar Project Developer

Origin Energy's acquisition of Walcha Energy brings a 1.3-GW wind and solar project duo to their renewable energy fleet, aligning with their goal to expand in New South Wales.

Feb 20, 2024 // Plants, Markets & Finance News, Origin Energy

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