Solar Markets & Finance News

Savannah Energy sings pact with Chad to develop 500 MW renewable projects
The projects will provide electricity to the Doba Oil Project and also the towns of Moundou as well as Doba in Southern Chad, and also the capital city, N'Djamena. Savannah Energy claimed it looks to fund the renewable projects from a combination of its own inside created cash flows as well as project particular debt.
Jun 2, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, BESS, Africa, chad, solar farm, Battery Energy Storage System, Savannah Energy, Andrew Knott, Djerassem le Bemadjiel, Doba, Kome, Mark Matthews, Moundou, renewable projects
Daqo releases US$ 120m share buyback scheme
Polysilicon producer Daqo New Energy has actually launched a US$ 120 million share buyback scheme after seeing its cash reserves swell.
Jun 2, 2022 // Markets & Finance News, Daqo New Energy, Daqo, new york stock exchange, shares
United States DOE aims to offer renewables less expensive, quicker grid connections
The US Department of Energy has launched a brand-new cooperation project focused on making it more affordable and quicker to connect renewables projects to the country's grid.
Jun 2, 2022 // Markets & Finance News, Grids, USA, grid, interconnection, North America, renewables, department of energy, US DOE, Jennifer Granholm, Bipartisan Infrastructure Law
EU putting energy transition 'on turbocharge' as nationwide strategies boost renewables
European Union (EU) member states are preparing a surge in renewables to change fossil-fired generation as COVID-19, soaring gas rates as well as Russia's war in Ukraine taxed nations to relocate in the direction of cleaner and also less expensive sources of power.
Jun 2, 2022 // Markets & Finance News, Policy, rooftop solar, European Union, decarbonisation, covid-19, Ember, REPowerEU, gas prices, ukraine crisis, CREA
Rallies anticipated in California as CPUC meets to discuss NEM3.0.
Rallies are set to be kept in San Francisco and also Los Angeles as the California Public Utilities Commission (CPUC) meets to discuss controversial net metering proposals for the state.
Jun 2, 2022 // Plants, Markets & Finance News, Policy, California, USA, CPUC, North America, rooftop solar, Gavin Newsom, net metering, legislation, nem3.0, net energy metering
United States plans to halve leas as well as fees for solar projects on public lands
Rents and also fees for releasing solar as well as wind on United States federal lands are readied to be substantially decreased as part of a new policy from the Biden management focused on enhancing rate predictability for programmers.
Jun 2, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Policy, USA, North America, permitting, biden administration, department of interior
SWEPCO seeking authority to purchase 200MW solar project in Louisiana
United States utility Southwestern Electric Power Company (SWEPCO) has actually looked for authorization from Louisiana's regulators to get a solar project because state.
Jun 2, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, Invenergy, North America, Louisiana, request for proposals, american electric power, SWEPCO, portfolio acquisition
Ørsted chief executive officer requires faster renewables release as Gazprom halts gas supply to Danish company
A decision by Russia's Gazprom to stop providing gas to Ørsted highlights the requirement for the European Union (EU) to speed up renewables deployment, the chief executive officer of the Danish energy business has said.
Jun 2, 2022 // Markets & Finance News, Policy, Europe, Denmark, European Union, gazprom, Orsted, gas, REPowerEU, ukraine crisis
IKEA proprietor Ingka acquires shovel-ready solar and wind assets in Poland
IKEA proprietor Ingka has actually acquired shovel-ready solar and wind assets in Poland from renewables programmer OX2 in a EUR190 million (US$ 203 million) deal.
Jun 2, 2022 // Markets & Finance News, Poland, Europe, ikea, ingka group, project acquisition, OX2, ingka investments, ready-to-build, solar and wind
ERG to buy 34 MW of solar farms in Italy from ABN AMRO
Italian energy company ERG SpA (BIT: ERG) announced today that it is getting 33.8 MW of solar energy capacity at home from Dutch lender ABN AMRO Bank NV (AMS: ABN) as part of the strategy to strengthen its placement in Italy's solar market.
Jun 1, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Italy, Europe, abn amro, solar farm, ERG
IKEA owner acquires Polish wind, solar from OX2
Agreement with designer for EUR190m is for two projects due to be operational by the end of 2024
Jun 1, 2022 // Markets & Finance News, Poland, Europe, ikea, OX2, Paul Stormoen, Krister Mattsson
ERG to acquire 33.8 MW Dutch PV outfit
MP Solar has 18 sites in Italy greatly put into service in 2011
Jun 1, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Italy, Europe, Netherlands, ERG, MP Solar
Research Firm Predicts Thin Film Solar Cell Market To Reach $25.3 Billion by 2030
While effectiveness of thin film solar cells is lower than conventional mono or bifacial cells, they do provide benefits in maintainance and also installment, besides even more flexibility.
Jun 1, 2022 // Markets & Finance News, Market Research, First Solar, Waaree Energies, growth rate, Allied Market Research, Market Share, thin film solar
India set up solar capacity surpasses 50GW, with an additional 70GW+ in the pipeline or bidding phase
India's sustainable capacity currently stands at 109.9 GW as of completion of March, with solar accounting for 53.4 GW (47%), while one more 72GW of solar is either in the pipeline or at the bidding phase, according to JMK Research.
Jun 1, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, India, pv power plants, Asia, renewable energy target, pipeline, Renewable Energy, JMK Research, project pipeline, installed capacity
Renewables action vital to counter 'apocalyptic' Australian power prices
A tactical and renewables-heavy response to "apocalyptic" power prices witnessed in Australia has actually been asked for by the Australian Industry Group (Ai Group).
Jun 1, 2022 // Markets & Finance News, Australia, Oceania, australia solar, price volatility, energy crisis, ai group, gas crisis