Solar Markets & Finance News

Opdenergy Reaches 1.68TWh Solar Deal in Chile
Opdenergy Holding SA has signed a 12-year PPA for Alcones solar farm in Chile. Generating 1.68 TWh of solar energy annually, this 108-MW project will bring the company's total capacity to 300 MW and help create a greener future.
Oct 31, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Chile, South america, OPDEnergy
Innergex Powers Up 50MW Chile Battery Storage
Chile has it's first utility-scale battery storage facility with Innergex's 50MW/250MWh Salvador battery facility. With daytime energy storage & peak pricing, it will benefit from capacity payments & generate US$8.2m (CAN$11.4m) in its first full yr. Financed via green bonds in 2022.
Oct 31, 2023 // Markets & Finance News, Storage, Chile, South america, Innergex
49.4 MW Georgia Solar Arrives: Aspen Power
Aspen Power completes Construction of 14 Solar Projects in Georgia--49.4 MW DC added to Georgia's energy portfolio. Inman Solar's engineering, procurement and construction services help provide long-term power purchase agreements to Georgia Power, adding to Aspen Power's total of 43 facilities and 140 MW DC.
Oct 30, 2023 // Plants, Markets & Finance News, USA, Georgia, Europe, North America, PV Power Plant, Aspen Power
Octopus Invests in 250MW Solar Plants: Ireland and Portugal
Octopus Energy Generation has invested in two clean energy developers to develop over 100 solar projects and 250MW capacity. Solar projects will be installed on rooftops and businesses sites with no upfront costs, reducing fossil fuel dependency and providing cheaper, cleaner energy to businesses.
Oct 30, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Portugal, Ireland, Europe, Octopus Energy, PV Power Plant
Scotland's Solar Boom: 6GW 2030 Pledge
The Scottish solar energy industry has welcomed the Scottish Government's commitment to significantly increase renewable energy generation by 2030. This increased ambition will lead to more jobs, lower emissions, and lower cost of living.
Oct 30, 2023 // Markets & Finance News, UK, Europe, SCOTLAND
Green Genius Raises €6.9M to Power Brewery with Solar
Green Genius & Citadele Bank join forces to power Svyturys-Utenos alus brewery - 100% Renewable Energy. A 6.9 million euro financing agreement to install solar power plants & energy-as-a-service solution to meet electricity needs. 2.6 million euro funded by European Climate, Infrastructure & Environment Executive Agency.
Oct 30, 2023 // Markets & Finance News, Europe, Lithuania, Green Genius
Kyushu Electric, Enfinity Partner on 400-MW US Solar Reserves
Enfinity Global Inc. sells 40% stake in 400-MW solar portfolio to Kyushu Electric Power Company. 28 solar power plants across US states California, North Carolina and Idaho part of the deal, Enfinity retains majority interest and long-term asset management. Part of Enfinity's strategy to expand in the US, $316.2 million secured from asset manager, PPA with Italian utility.
Oct 27, 2023 // Markets & Finance News, Enfinity Global, Kyushu Electric
SocGen backs 21-MWp Solar for Corsica Sole
Societe Generale SA provides financing for 21MWp solar portfolio across mainland France & overseas territories. 17 projects to generate 18GWh of electricity a year, with one project supplied by corporate PPA. Construction begins 2020, ending 2024.
Oct 27, 2023 // Markets & Finance News, France, Europe, Societe Generale SA
Green Genius Scores EUR 9.5m for Romanian Solar
Green Genius set to receive USD10m to develop solar power projects in Romania. INVL's Renewable Energy Fund to contribute EUR52.9m to the effort of 500MW solar farms in 2025. Get the full story on Green Genius' ambitious energy project.
Oct 27, 2023 // Markets & Finance News, Europe, Green Genius, Romania
Masdar Powers Caspian Renewables with Azerbaijan Pact
Masdar, owned by Abu Dhabi government, signs agreements to construct 1GW solar & wind power capacity in Azerbaijan. Garadagh Solar Park is now inaugurated, producing enough electricity to power 110,000 homes. Masdar plans to double capacity this year aiming for 100GW of gross capacity to aid UAE's net zero carbon emissions by 2050. Adnoc expands presence in Azerbaijan with 30% equity in Absheron natural gas field.
Oct 27, 2023 // Markets & Finance News, Masdar, Europe, Azerbaijan
Husk Power Raises $103M for World's Biggest Mini-Grid Expansion
Husk Power Systems raises $103 million to expand their award-winning mini-grids to India, Nigeria, DRC, and other African countries. Solar and battery mini-grids will bring affordable, reliable power to households and small businesses. STOA Infra & Energy SAS leads investment round.
Oct 26, 2023 // Markets & Finance News, Grids, India, Asia, Africa, mini-grids, Husk Power
Exploring U.S. Solar PV Prices: NREL 2023 Benchmarks
Discover how the Inflation Reduction Act (IRA) influenced the US photovoltaic market in the past year, including significant cost reductions for residential systems and benchmarking of Community Solar. Get the new bottom-up PV and storage cost model from NREL and the Department of Energy.
Oct 26, 2023 // Markets & Finance News, USA, NREL, North America
Biden-Harris Investing $500K for Solar Energy on Pine Ridge Reservation
Help advance environmental justice - $500,000 is being donated to the American Solar Energy Society for a project on the Pine Ridge Reservation in South Dakota. This project will support small non-profits and create healthier, more resilient communities through solar energy applications.
Oct 25, 2023 // Markets & Finance News, USA, North America, Joe Biden
Sonnedix Acquires 416MWp Solar in Chile
Sonnedix acquires 416MWp solar PV portfolio in Chile from Enel Chile, producing green energy for over 530,000 homes and avoiding 460,000 metric tonnes of CO2 annually. Refinancing of Sonnedix's largest project in Chile funded by US$624m acquisition financing.
Oct 25, 2023 // Markets & Finance News, Sonnedix, Chile, South america
Constructing Sweden's Largest Solar Farm
Neoen and Alight are excited to be working on the 100MWp Hultsfred solar farm in Sweden, which will provide 18,000 homes with renewable energy come 2025. H&M Group has even secured a long-term PPA to receive 95% of energy produced. Get ready for a greener future!
Oct 25, 2023 // Markets & Finance News, Sweden, Europe, neoen, solar farm, Alight