Solar Markets & Finance News

200MW Murcia Solar: TotalEnergies & Soltec Forge Ahead
TotalEnergies and Soltec have achieved a major milestone with their solar project in Spain. With 337,174 bifacial photovoltaic modules and 5341 solar trackers, the Luminora Solar Dos project will bring 2200 jobs and energy savings to the local towns. Studies by TotalEnergies, UAM and CTFC to reduce environmental impact are also underway.
Nov 7, 2023 // Markets & Finance News, Spain, Europe, Soltec, Solar Project, TotalEnergies
Sri Lanka Launches 200MW Solar Tender
Develop two 100 MW floating solar plants at the Samanalawewa Reservoir with the Ceylon Electricity Board (CEB). Submit proposals by Dec 13, 2023. Boost Sri Lanka's solar energy market and join the 714 MW installed capacity.
Nov 7, 2023 // Markets & Finance News, tender, Asia, Sri Lanka
Neoen's Hangover: Battery Decline & Solar Farm Contract Cuts Earnings
Neoen: Australia's Leading Renewable Energy Developer - Revenues down 8% in Q3 but strong 9-month results. 412 MW Goyder South Wind, 219 MW/876 MWh Battery, 10 GW capacity by 2025+ - Ebitda €700 million+.
Nov 6, 2023 // Markets & Finance News, Australia, neoen, Oceania
Fortescue Axes $Multi-Billion Renewables Hub in Australia
Fortescue Metals Group has abandoned its Uaroo Renewable Energy Hub plans. Read on to find out why, and the implications for the company's decarbonisation strategy. Discover what the EPA's role was in the cancellation of the project.
Nov 6, 2023 // Markets & Finance News, Storage, Australia, Oceania, Fortescue
Gonvarri Solar Steel Seals 37 MW Tracker Deal in Colombia
Gonvarri Solar Steel signs 37 MW solar tracker contract in Colombia. 12.6 MW capacity trackers for three projects plus 3.9 GW of trackers across Latin America since 2005. Discover the world of renewable energy with Gonvarri.
Nov 3, 2023 // Markets & Finance News, South america, tracker, Colombia, Gonvarri Solar Steel
619 GW US Clean Energy Set to Boom
Discover the future of clean energy in the US, from solar and offshore wind to energy storage, with the Inflation Reduction Act (IRA) extension and tax credits. BloombergNEF forecasts 619 GW of new energy by 2030. Explore the findings and the potential impact of federal reforms.
Nov 3, 2023 // Markets & Finance News, USA, North America
Climate Tech Funding Hits $16.6B in Record Q3
Climate tech investments jumped 224% in Sweden and surged to $16.6 billion worldwide in Q3 2023. China led the way with $4.5 billion, followed by low-carbon energy and transport. 34 new venture capital and private equity funds are expected to inject $8.2 billion.
Nov 3, 2023 // Markets & Finance News, Sweden, China, Europe, Asia
Adani Green Scores $1.8B: Banks Back Renewables
Adani Green Energy is in talks to borrow up to $1.8 billion from major lenders including Barclays, BNP Paribas and Deutsche Bank. Be one of the first to hear the outcome of the historic loan deal, and what it means for the future of energy projects.
Nov 3, 2023 // Markets & Finance News, Adani Green
Mytilineos Wins 490MW Solar EPC Deal
Mytilineos SA wins tender to build EPC works for 490-MW solar project in Greece & UK. Mytilineos to construct 18 to 135 MWp projects in Greece, 373-MW project in UK with completion in 2021. Unlock new renewable energy potential with Mytilineos.
Nov 2, 2023 // Large-Scale, Markets & Finance News, Greece, UK, Europe, Solar Project, Mytilineos SA
Sudene Supports 210MW Solar Push in Brazil
Brazil's Sudene loan helps move the country closer to its goal of using renewable sources. With this loan, Lightsource bp will finance a 210-MW solar project to generate 460,000 MWh of energy yearly - enough to power 212,000 homes.
Nov 2, 2023 // Plants, Markets & Finance News, Lightsource BP, South america, Brazil, Sudene
SunPower Plunges: Forecast Cut on Weak Demand
SunPower Corp reports a wider-than-expected Q3 loss, sending shares tumbling 12%. CEO Peter Faricy cites "stormy seas" and higher interest rates as the cause. Learn how this affects the company's outlook for the year and customer projections.
Nov 2, 2023 // Markets & Finance News, SunPower
Iraq's Solar Sunrise: Inching Toward Renewable Hope
Iraq is tapping into solar power to resolve chronic electricity shortages and access clean energy. With over 70 buildings solarized since 2020, Iraq is leading the way in renewable energy and offering $750 million in zero-interest loans to further its cause.
Nov 2, 2023 // Markets & Finance News, Asia, Iraq
Helleniq Snags 26MW Solar Bundle in Cyprus
Helleniq Energy has acquired a 26 MW solar portfolio in Cyprus, with 43 GWh of electricity per year to be commissioned in 2024. This is a big step towards their 1 GW renewable energy goal by 2025 and 2 GW by 2030. Now owning 40MW in Cyprus and 180 MW elsewhere, Helleniq Energy is positioning itself as a major renewable energy provider.
Nov 1, 2023 // Markets & Finance News, Europe, Cyprus, Helleniq Energy
Amarenco Crowdfunds 610MWp French Solar
Amarenco is raising EUR 8 million to build a 610-MWp solar park portfolio in France - 1,337 PV projects from 35 kWp to 30 MWp, completed by 2029 and producing 758 GWh annually. Invest in clean energy with Amarenco's crowdfunding campaign!
Nov 1, 2023 // Markets & Finance News, France, Europe, amarenco
Juwi Acquires Hive's Greek Solar Quartet of 267MW
Hive Energy takes its first step in Greece with the sale of four 267MW solar projects to Juwi Hellas. These solar parks are expected to provide enough energy to power 100,000 homes, with construction set to begin in 2021. This marks Juwi Hellas' 61st solar project in Greece with a total capacity of over 300MW.
Nov 1, 2023 // Markets & Finance News, Greece, Europe, PV Power Plant, hive energy