Solar Markets & Finance News

NextEnergy Solar Fund prolongs ₤ 70m RCF with Santander as it continues expansion

NextEnergy Solar Fund has expanded its existing ₤ 70 million revolving credit facility (RCF) with Santander UK.

Jul 5, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, UK, Europe, NextEnergy Solar Fund, Santander, Ross Grier

Enlight gets 525MW Croatian PV and wind

Portfolio comprises 4 solar projects that complete 386MW as well as one 139MW wind project

Jul 5, 2022 // Markets & Finance News, Europe, Croatia, ENLIGHT

The Netherlands Prompts Cuts In power Consumption To Reduce Russian Influence

The brand-new laws requiring big energy consumers to shed use are expected to come into force beginning 2023. Last March likewise the federal government had requested its citizens to consume much less gas.

Jul 5, 2022 // Markets & Finance News, Europe, Netherlands, European Union, Dutch Regulations, petajoules, power consumers, power sector, Russia Ukraine war, Russian oil and gas

S&P, Pexapark partner to develop new PPA benchmark

S&P Global Commodity Insights has actually partnered with renewables advising company Pexapark to produce a new power purchase agreement (PPA) benchmark.

Jul 5, 2022 // Markets & Finance News, power purchase agreement, european energy, pexapark, energy prices, ppa negotiations, renewable ppa, S&P global commodity insights

Tongwei treks PV cell costs, indications polysilicon deals worth US$ 18 billion

Tongwei has actually ended up being the latest upstream solar maker to raise costs as the cost of basic materials remains to spiral.

Jul 5, 2022 // Manufacturing News, Markets & Finance News, Tongwei, polysilicon, solar cell, solar wafer

Indiana 'taking a big step backward' by ending net metering, solar advocates state

Net meting for rooftop PV is finishing in Indiana with a policy change that doubters have actually warned will certainly make solar uneconomic for a lot of families and businesses in the US state.

Jul 5, 2022 // Markets & Finance News, Policy, USA, rooftop, North America, policy, Solar United Neighbors, Indiana, net metering, distributed generation

World Bank accepts US$ 165 million loan for 450MW of Indian household roof solar

The World Bank has approved US$ 165 million in additional financing to support 450MW of roof solar release in India and also make dispersed generation systems in the nation a lot more economical.

Jul 5, 2022 // Markets & Finance News, Rooftop PV, India, Asia, rooftop PV, world bank

United States DOE launches US$ 500m mines-to-clean energy programme

The United States Department of Energy (DOE) has actually launched a US$ 500 million programme that will certainly install clean energy projects on present or former mine lands throughout the country.

Jul 5, 2022 // Markets & Finance News, clean energy, USA, North America, doe, mines

Sponsor protects concession for 50-MW solar project in Dominican Republic

The Dominican Republic's energy payment CNE has actually authorized a contract that grants a definitive concession to renewables sponsor Energia Renovable BAS SRL to develop the 50-MW/73.2-MWp Washington Capital Solar Park 3.

Jul 4, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Dominican Republic, North America, Solar Project

Shell, Nickel Asia JV eyes as much as 3 GW of renewables in the Philippines

British oil titan Shell Plc (LON: SHEL) as well as the green energy unit of nickel ore miner Nickel Asia Corp (NIKL: PHS) have actually created a joint venture targeting to release up to 3 GW of renewable resource capacity in the Philippines.

Jul 4, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, Philippines, shell, Nickel Asia

EBRD financing 25 mln euro to N. Macedonia's ESM to build 30 MW solar parks

The European Bank for Reconstruction and also Development (EBRD) claimed it is providing a funding of 25 million euro ($26.1 million) to North Macedonia's electrical energy producer ESM for the construction of 2 photovoltaic or pv (PV) plants with a combined capacity of 30 MW.

Jul 4, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, EBRD, ESM, Solar Park

Swedish programmer to offer 220MW PV quartet

Deal will certainly see Helios build, service and also manage projects for Danish outfit Nordic Solar

Jul 4, 2022 // Markets & Finance News, Sweden, Europe, Nikolaj Holtet Hoff, Helios Nordic Energy, Magnus Rahm

Dubai Setup Sights At Scoring14% Of Its Energy From Renewables By The End Of 2022

Dubai intends to create 25% of its power from renewable sources by 2030 as well as take it to 100% by 2050. The city included 700 MW of renewable energy just recently, taking its total RE capacity to 1.62 GW.

Jul 4, 2022 // Markets & Finance News, Dubai Electricity and Water Authority, Dewa, Mohammed Bin Rashid Al Maktoum Solar Park, Saeed Mohammed Al Tayer, Solar Park, Hassyan Power Complex

Energy data software firm Cleartrace raises US$ 20m to increase growth

Energy management software company Cleartrace has safeguarded US$ 20 million in a financing round to speed up the growth of its platform.

Jul 4, 2022 // Markets & Finance News, Software, carbon tracker, software platform, Brookfield, clearsky, cleartrace, edf energy

Freshly created Q ENERGY Group goes into European market with a 12GW project pipeline

Hanwha Qcells' nuclear power plant division Q ENERGY Europe has actually partnered with freshly rebranded Q ENERGY France to establish umbrella business Q ENERGY Solutions SE as it seeks to deepen its connections to the European market where it has a 12GW advancement portfolio.

Jul 4, 2022 // Markets & Finance News, Europe, Hanwha Q Cells, Hanwha, european solar, hanwha solutions corporation, Q ENERGY France, Q ENERGY Solutions

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