Solar Markets & Finance News

Germany sets solar generation record as shedding heatwave sweeps across Europe

Germany produced a record quantity of power from solar PV on Sunday, with this expected to be duplicated over the coming days in the middle of a tough heatwave across western Europe, according to Bloomberg.

Jul 19, 2022 // Markets & Finance News, Germany, pv power plants, Europe, germany solar, heatwave, solar generation record

Convergent success 100-MW solar-plus-storage project in Puerto Rico

A Puerto Rico-based subsidiary of Convergent Power + Power has actually signed a power purchase and also operating contract with the regional electrical utility in connection with a 100-MW solar-plus-storage project in the south-central area of the island.

Jul 18, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, USA, North America, Puerto Rico, solar-plus-storage project, Convergent

America's largest HCPV solar producing plant has new owners

Whetstone Power LLC as well as the sustainable framework arm of investment firm Rosemawr Management LLC have recently obtained a 30-MW high-concentration photovoltaic or pv (HCPV) solar energy terminal in Colorado with plans for a future modification.

Jul 18, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, North America, PV Power Plant, Rosemawr Management LLC

UK capitalist gets Nissan solar project

Atrato Onsite Energy to construct 20MW PV projects after striking ₤ 10.6 m deal

Jul 18, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, UK, Europe, Nissan, Solar Project, Atrato Onsite Energy

Greencoat Renewables to purchase 80MW Irish PV plant

South Meath project is due online in Q4 2023 when the handle Statkraft will certainly finish

Jul 18, 2022 // Markets & Finance News, PV Power Plant, Greencoat Renewables

Solar, wind bodies unite to drive finance into African renewables

Trade bodies from the solar as well as wind industries have actually united to drive renewable energy financing for African nations.

Jul 18, 2022 // Markets & Finance News, Africa, South Africa, SolarPower Europe, renewables investment, africa solar industry association

Biden management to spend US$ 56m to support solar manufacturing

US President Joe Biden has actually introduced a series of efforts to spur domestic solar PV manufacturing and also reusing with US$ 56 million in new financing.

Jul 18, 2022 // Manufacturing News, Markets & Finance News, USA, perovskite, North America, Joe Biden, doe, Jennifer Granholm, cadmium

Spain slaps windfall tax obligation on power companies

Spain will introduce a windfall tax on power firms and banks from following year to fund steps designed to assist Spaniards handle soaring inflation.

Jul 15, 2022 // Markets & Finance News, Spain, Europe, policy, legislation, utility, energy crisis, inflation, Windfall tax

'Pronounced slowdown' in company solar financing as inflation bites

Business financing in the global solar market in the very first fifty percent of 2022 was down 11% year-on-year as task went down especially throughout Q2, according to study from Mercom Capital Group.

Jul 15, 2022 // Markets & Finance News, Mercom Capital Group, solar finance, mercom, m&a, solar investment, project acquisition, inflation

Community solar firm Summit Ridge bags investment to expand geographical footprint

United States community solar owner-operator Summit Ridge Energy has secured a US$ 175 million investment from private equity firm Apollo Global Administration.

Jul 15, 2022 // Markets & Finance News, investment, Community Solar, summit ridge energy, Apollo Global Management, community storage

European PPAs 'remain attractive' despite 47% year-over-year boost

European power purchase agreement (PPA) prices have actually risen by a "staggering" 47% year-on-year as the continent's energy crisis lingers with skyrocketing rising cost of living, LevelTen Energy has said.

Jul 15, 2022 // Markets & Finance News, Spain, Italy, PPA, Poland, Europe, power purchase agreement, LevelTen Energy, energy crisis

Worldwide LCOE of utility-scale solar fell 13% in 2021, IRENA states

Solar PV costs continued to decline internationally in 2021 as supply chain challenges and also climbing product costs have yet to show their complete effect on project expenses.

Jul 15, 2022 // Markets & Finance News, LCOE, IRENA, research, supply chain, module pricing, polysilicon pricing, pricing

TRC Companies gets solar engineering business Blue Oak Energy

Consulting as well as engineering renewables TRC Companies has actually gotten solar PV and storage space engineering company Blue Oak Energy, strengthening its renewable energy capabilities.

Jul 15, 2022 // Markets & Finance News, USA, UTILITY-SCALE SOLAR, North America, acquisition, Engineering, blue oak energy, commercial solar, trc companies

India's Tata Power wins 600-MW wind-solar hybrid in Karnataka

A subsidiary of India's Tata Power Co Ltd (BOM:500400) has gotten a letter of award from Solar Energy Corporation of India (SECI) to build a 600-MW wind-and-solar plant in the state of Karnataka.

Jul 14, 2022 // Markets & Finance News, India, Asia, tata power, wind-solar hybrid

Germany's Getec to provide 75 GWh of solar power to Union Investment

German investment firm Union Investment Real Estate GmbH will procure a total of 75 GWh of electricity from three solar parks in Lower Saxony to power its fund properties.

Jul 14, 2022 // Markets & Finance News, Germany, Europe, Getec

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