Solar Markets & Finance News

Iberdrola commissions 590MW Spanish solar site
Francisco Pizarro project is the programmer's largest facility of this technology worldwide
Aug 10, 2022 // Markets & Finance News, Spain, Iberdrola, Europe
Clearway Energy sees renewable sales rise 31%, while sale of thermal business provides massive cash injection
Clearway Energy's sale of its thermal organization to investment company KKR throughout Q2 netted profits of US$ 1.29 billion, as well as saw its net income skyrocket from the US$ 32 million it recorded in Q2 2021.
Aug 10, 2022 // Markets & Finance News, financial results, Roth Capital, KKR, Clearway Energy Group, TotalEnergies, Inflation Reduction Act
France secures 339MW in undersubscribed solar auction
Average strike costs rise as developers look further north in the middle of land constraints
Aug 9, 2022 // Markets & Finance News, France, EDF, tender, Europe, auction, TotalEnergies, Q Energy, GENERALE DU SOLARE
Borrego bags 100MW solar O&M deal
Agreements are for 2 50MW projects in Ohio scheduled to reach their commercial operation dates in 2023
Aug 9, 2022 // Markets & Finance News, USA, North America, borrego
FTC Solar, AUI Partners collaborate to provide faster tracking solutions to sub-20MW DG projects in the US
Solar tracker maker FTC Solar and power specialist AUI Partners have actually teamed up to provide solar tracking remedies for distributed generation (DG) projects under 20MW within an eight week time frame.
Aug 9, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, trackers, distributed solar, ftc solar, Community Solar, AUI Partners, distributed generation, commercial and industrial
City of Chicago to obtain power from 593-MW solar complex
The City of Chicago has actually devoted to acquiring electricity from a 593-MW solar farm had by Swift Current Energy under a long-lasting offer supporting its objective to cut greenhouse gas emissions by 62% by 2040.
Aug 9, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, solar complex, City of Chicago
Enel Green Power begins business in Vietnam
Italian renewables company Enel Green Power has near to 5,700 MW of projects in the general pipe in Vietnam that are promoted by its new business EGP Vietnam (EGPVN).
Aug 9, 2022 // Markets & Finance News, Asia, enel green power, Vietnam
Masdar targets 2GW Tanzania renewables pipe
Partnership with state power company will originally target 600MW of wind and also solar
Aug 9, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Masdar, Africa, Tanzania, Abdulla Zayed, Maharage Chande
Octopus Energy, Nest And GLIL Spend ₤ 200 Million In Hornsea One
Octopus Energy Generation's fund monitoring group has spent ₤ 200 million in Hornsea One. For a sum of ₤ 400 million, they have actually bought a 12.5% share from Global Infrastructure Partners with a joint venture with GLIL Infrastructure, which is additionally adding ₤ 200 million. A ₤ 3.6 billion fund called GLIL makes infrastructure investments in support of pension funds.
Aug 9, 2022 // Markets & Finance News, clean energy, finance, Octopus Energy, Renewable Energy, International, solar projects, green energy, Hornsea One, Octopus Energy Investments
Shell Completes Acquisition Of Renewables Platform Sprng Energy Group
Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed 100% acquisition of Solenergi Power Private Limited and in addition to it, the Sprng Energy Group of Companies from Actis Solenergi Limited (Actis)- a leading worldwide capitalist in sustainable facilities
Aug 9, 2022 // Markets & Finance News, CAPEX, Actis, sprng energy, Solar Farms, wind farms, B.V., Shell Overseas Investment, Shell Plc, solar assets, Solenergi Power Pvt Ltd, wind assets
Columbia regulatory authority approves 73MW solar PPA for default power supply
The General Public Service Commission of the District of Columbia (DCPSC) has approved a 15-year power purchase agreement (PPA) with renewables programmer Invenergy for 73MW of solar power to meet a 5% renewables target for district's default electricity supply.
Aug 9, 2022 // Markets & Finance News, USA, PPA, pv power plants, Invenergy, North America, utility, utility ppa, DCPSC, district of columbia, standard offer service
Brookfield Renewable invested US$ 3 billion in growth initiatives in Q2 alone
Renewables proprietor as well as operator Brookfield Renewable has recorded a solid second quarter, investing more than US$ 3 billion on development initiatives in Q2 alone.
Aug 9, 2022 // Markets & Finance News, USA, South america, Brazil, North America, brookfield asset management, Brookfield Renewable, distributed generation, Brookfield, energy transition fund
Solar e-commerce firm Project Solar elevates USD 23m
US solar e-commerce outfit Project Solar on Friday said it has finished a USD-23-million (EUR 22.5 m) Series A financing round to aid scale its organization in extra markets.
Aug 8, 2022 // Markets & Finance News, USA, North America, Project Solar, Derek Urben
FTC Solar and AUI Partners target distributed generation PV projects in new collaboration
Solar tracking company FTC Solar is working together with solar contracting business AUI Partners on a new offering for the distributed generation market.
Aug 8, 2022 // Markets & Finance News, ftc solar, AUI Partners, Sean Hunkler, Mario Carbone
Duke Energy begins strategic review of commercial renewables service
United States utilities firm Duke Energy (NYSE: DUK) introduced a strategic review of its commercial renewables organization as it reported second-quarter outcomes last week.
Aug 8, 2022 // Markets & Finance News, USA, Duke Energy, North America, Lynn Good