Solar Markets & Finance News

The globe's overall solar capacity will certainly get to 2,044 GW by 2031, with China continuing to blaze a trail in deployment, composing almost fifty percent (47%) of the world's 1,190 GW net solar capacity additions via to 2031, according to study company Fitch Solutions.

Solar PV has actually made nearly half of all new investments in renewable power in 2021, according to the International Energy Agency (IEA).

Sustainable framework investment firm General Capital has actually invested US$ 500 million in United States programmer Pine Gate Renewables to sustain its utility-scale solar development.

United States solar panels maker First Solar Inc (NASDAQ: FSLR) revealed today that it has authorized a framework contract with Minneapolis-based developer National Grid Renewables for the supply of 2 GW DC of thin-film PV modules.

Italian steel bars and also unique steels manufacturer AFV Beltrame Group stated on Thursday that it intends to spend 200 million euro ($210 million) to upgrade the recently-acquired Targoviste special steel plant, COS Targoviste, in Romania and also to develop a photovoltaic or pv park with an installed capacity of 100-120 MW.

Harmony Energy Income Trust plc has actually protected a ₤ 60 million debt facility from NatWest to sustain the procurement of the company's very first pipeline project.

Investor indications MoU with renewables programmer SK D&D to 'accelerate capital implementation' in PV projects

Equity returns on hybrid solar and wind projects in India could see a 17% rise in the interior price of return (IRR) by applying a few actions, according to a report from the Institute for Energy Economics and Financial Analysis (IEEFA).

Australian energy software firm Evergen has shut a AU$ 15 million (US$ 10.4 million) series B funding round, its biggest capital expense to date.

United States power grid operator PJM Interconnection's latest capacity auction for 2023/2024 saw 1,868 MW of solar PV procured, up 25% from the previous auction.

Lithium-ion battery pack supplier Dragonfly Energy expects revenues to increase 47% this year, during which it will complete a Nasdaq listing via a SPAC merger, before doubling in 2023.

US solar and also storage EPC firm CS Energy claimed on Tuesday it has won three projects in New York State's current purchase round that will certainly enable it to add 270 MW/365 MW DC of solar photovoltaic (PV) capacity.

US solar finance as well as advancement firm Sol Systems claimed on Tuesday it has gotten a 91-MW DC solar project in Indiana from a joint venture in between Orion Renewable Energy Group LLC as well as Eolian LP.

Developer aims to integrate a new monitoring as well as fault-detection solution into its O&M services

Saudi Arabia awarded contracts for the development of more than 1.7 GW of solar energy projects until now. The report likewise said that Saudi Arabia furthermore has green hydrogen as a key component of its long-lasting energy sector strategy. The country desires create 2.9 million tonnes of green hydrogen each year by 2030.