Solar Markets & Finance News

SolarSpace Announces Long-Term Partnership with PAIC & Ariel Re
Solar maker SolarSpace has announced a long-lasting alliance with the insurance provider, PAIC (Ping An Insurance (Group) Company of China Ltd.) as well as Ariel Re of Lloyd's of London, a reinsurer establishment, will provide 25-30 years of power loss payment obligation insurance solution for the module products of SolarSpace.
Feb 17, 2023 // Markets & Finance News, module capacity, cell capacity, Ariel Re, PAIC, PV products, solarSpace
India's Renewable Energy Installation Stands at 168 GW, Coal-Based Power Grows 536 MW in a Year
Solar energy capacity across nation is mounted at 63.8 GW as well as wind power is about to touch 42 GW. India's total installed power capacity is 411 GW and the share of fossil fuel based power generation that includes coal, diesel, gas as well as lignite is more than 236 GW.
Feb 17, 2023 // Markets & Finance News, Solar Energy, Central Electricity Authority, Renewable Energy, Solar Power, Wind Energy, wind power, fossil fuel based power generation, installed renewable capacity, large hydropower projects
Romania Gets EUR259 Million EU Help for Solar Panels & Battery Production
The European Commission has actually accepted a EUR 259 million Romanian scheme to support financial investments in the production, assembly as well as recycling of batteries, of photovoltaic cells as well as of panels in Romania The aid aims at green change of Romania and the EU.
Feb 17, 2023 // Manufacturing News, Markets & Finance News, Solar Panels, Europe, european commission, Romania, photovoltaic cells, green transition of EU, green transition of Romania, Recovery and Resilience Facility, RRF, skilled workforce
bp to Invest $1 Billion in EV Charging Across US by 2030
bp will bring fast charging infrastructure to Hertz locations in significant cities of the US. A number of the fast-charging installments will certainly include large-scale gigahub locations. Worldwide power empire British Petroleum or bp has announced its fresh plans to invest $1 billion right into electric vehicle (EV) charge points across the USA. bp said that it will bring fast charging infrastructure to Hertz locations in significant cities of the United States by 2030.
Feb 17, 2023 // Markets & Finance News, bp, Dave Lawler, Angeles International Airport, British Petroleum, charging infrastructure at Hertz locations, electric vehicle charge stations, EV charging in USA, fast-charging installations at gigahubs, Stephen Scherr
Macquarie seeking sale of 450-MW solar portfolio in India
Macquarie Asset Management is seeking to offer a 450-MW portfolio of solar projects in India in a manage an equity value of some USD 250 million (EUR 235.1 m), The Mint reports.
Feb 17, 2023 // Markets & Finance News, India, Asia, macquarie, solar portfolio
McDonald’s and Lightsource bp Ink PPA for 145 MW Solar Farm in Louisiana
McDonald’s Corp and Lightsource bp have signed a power purchase agreement (PPA) to construct a 145-MW AC/180 MW DC solar park in Louisiana. The photovoltaic (PV) farm will generate enough electricity to power 630 McDonald’s restaurants and meet the demand of 30,700 local homes.
Feb 17, 2023 // Plants, Markets & Finance News, USA, Lightsource BP, North America, solar farm, Louisiana, McDonald’s Corp
Cemex, Synhelion, Sandia Labs to study use of solar in cement making
The US Department of Energy (DOE) has awarded USD 3.2 million (EUR 3m) to Solar MEAD, a project aimed at replacing fossil fuels with focused solar thermal (CST) energy in cement clinker production.
Feb 16, 2023 // Manufacturing News, Markets & Finance News, Synhelion, Cemex, Sandia
United States Solar Surge Collides With Greater Rates and Shifting Economics
The Inflation Reduction Act will ultimately boost household solar, yet macroeconomic conditions endanger temporary development.
Feb 16, 2023 // Residential, Markets & Finance News, Rooftop PV, USA, North America
Romania's plan to provide EUR 259m in state aid for PV and batteries cleared by EC
European Commission approves Romania's state aid of EUR 259m for batteries, solar photovoltaic (PV) cells and panels, partially financed through Recovery and Resilience Facility (RRF).
Feb 16, 2023 // Markets & Finance News, Storage, Europe, european commission, Romania
Greek power utility PPC acquires wind-solar parks in home country
PPC Renewables, a subsidiary of Greek power utility PPC SA, buys a 46-MW portfolio of wind and solar photovoltaic parks in Greece from Piraeus Equity Partners.
Feb 16, 2023 // Markets & Finance News, Greece, Europe, PV Power Plant, PPC Renewables
Acciona and Zimmer Biomet sign 12-year Spanish solar PPA
Acciona has signed a 12-year PPA with Zimmer Biomet to supply it with renewable electricity in Spain, supported by the 42MWp Cristo Bailones solar plant.
Feb 16, 2023 // Markets & Finance News, Spain, PPA, Europe, Acciona
Bulgaria opens EUR-102m ask for corp solar-plus-storage projects
The Bulgarian government is welcoming applications under a BGN-200-million (USD 109.7 m/EUR 102.3 m) procedure targeted at giving financial support to regional firms looking to set up new solar-plus-storage systems.
Feb 15, 2023 // Markets & Finance News, Europe, Bulgaria, solar-plus-storage projects
Salesforce inks REC deal with Powertrust for 280 GWh
United States cloud computing business Inc on Tuesday committed to procuring 280,000 MWh of renewable energy certificates from dispersed energy projects in emerging markets.
Feb 15, 2023 // Markets & Finance News, Salesforce
Brazil okays 457.5 MW of renewable projects from Oct 14 tender
Brazil's power field regulator Aneel accepted on Tuesday 457.5 MW of winning renewable resource projects from the A-5 tender held on October 14, 2022.
Feb 15, 2023 // Markets & Finance News, tender, South america, Brazil, ANEEL
Australia's SolarJuice cuts size people IPO
Australian solar systems manufacturer SolarJuice Co Ltd has actually decreased the size of its scheduled initial public offering (IPO) in the United States to approximately USD 18 million (EUR 16.8 m) in gross proceeds by decreasing the targeted rate range for the deal.
Feb 15, 2023 // Markets & Finance News, Australia, Oceania, SolarJuice