Solar Markets & Finance News

SSE-backed Renewco acquires 2GW US solar, power storage pipeline

Scotland-based renewables designer Renewco Power has acquired a 2GW pipeline of US-based solar and also energy storage assets from Beaufort Rosemary.

Jul 8, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, USA, North America, m&a, Renewco Power, beaufort rosemary

'Diversification is a have to': IEA cautions on China's expanding dominance of solar PV supply chain

A safe change to net zero exhausts around the world will require countries to expand and also broaden the production of solar modules, whose supply chains are heavily concentrated in China, according to new research from the International Energy Agency (IEA).

Jul 8, 2022 // Manufacturing News, Markets & Finance News, India, China, Asia, bankability, IEA, Fatih Birol, silver, net zero, sustainability, supply chain, domestic manufacturing, tax incentives

Solar and also wind generate more power than nuclear for first time in US

Solar as well as wind installments in the United States produced more electrical power than the nation's nuclear reactor for the first time in April.

Jul 8, 2022 // Plants, Large-Scale, Markets & Finance News, nuclear, nuclear power, wind, EIA, sun day campaign

2.2 GW of solar effective in UK's newest renewables auction

More than 2GW of solar has actually won agreements in the UK's latest renewables auction clearing at a strike cost of ₤ 53.40/ MWh (US$ 64.19/ MWh).

Jul 8, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, UK, Solar Energy, Lightsource BP, Europe, cfd, Contracts For Difference, ScottishPower

Canadian Solar offers 345-MWp duo in NSW to CalEnergy

Canadian Solar Inc (NASDAQ: CSIQ) has actually concluded the sale of 2 solar farms in the Australian state of New South Wales with an integrated capacity of 345 MWp to a subsidiary of Northern Powergrid Holdings Company.

Jul 7, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Canadian Solar, solar farm, CalEnergy

OVO to spend ₤ 1m in solar and wind farms by means of REGO PPAs

OVO will spend ₤ 1 million to support brand-new solar and also wind farms with power purchase agreements (PPAs).

Jul 7, 2022 // Markets & Finance News, UK, PPA, Europe, Raman Bhatia, OVO

Sun shines on solar with 2.2 GW auction success

PV 'huge part of option' to UK energy situation, states SEUK

Jul 7, 2022 // Markets & Finance News, UK, Lightsource BP, Europe, Chris Hewett, JBM Solar, England, BEIS, Cleve Hill, SCOTLAND, CFD4

Northvolt Increases $1.1 Billion To Roll Out Battery Manufacturing Facility In Europe

The decision is required to support the rapidly expanding need for batteries. Northvolt is establishing making capacity to meet $55 billion worth orders from crucial clients, such as BMW, Fluence, Scania, Volvo Cars, as well as Volkswagen Group.

Jul 7, 2022 // Markets & Finance News, Storage, NORTHVOLT, Peter Carlsson, Volkswagen Group, Ava Investors, Baillie Gifford, Battery Cell, cathode material, Compagnia di San Paolo, Folksam Group, Fondaco Growth, Goldman Sachs Asset Management, IMAS Foundation, Olympia Group, OMERS Capital Markets, PCS Holding, Swedbank Robur, TM Capital

Actis takes risk in Latin American renewables generator Omega Energia

Infrastructure financier Actis has actually gotten a risk in Latin American renewables asset owner Omega Energia as it looks to establish a pipe of assets in the area.

Jul 7, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, UTILITY-SCALE SOLAR, Solar Energy, South america, Latin america, Brazil, Actis, m&a, equity capital, omega energia

Onward Energy to get 1.2 GW portfolio of US solar assets

Independent power producer (IPP) Onward Energy has actually become part of a bidding arrangement to get 1,171 MW of running solar assets from life insurance policy business Global Atlantic Financial Group.

Jul 7, 2022 // Markets & Finance News, USA, North America, acquisition, onward energy, portfolio acquisition, global atlantic financial group

Birch Creek Development increases credit facility to US$ 250m to pursue 5GW US PV pipeline

United States PV developer Birch Creek Development has actually increased its existing credit facility with financial obligation funding service provider Fundamental Renewables to US$ 250 million to pursue its 5GW solar pipe in the US and also support its module procurement technique.

Jul 7, 2022 // Markets & Finance News, USA, UTILITY-SCALE SOLAR, pv power plants, pv modules, North America, birch creek

R.Power seeking equity capital raise to fund European solar PV development plans

Polish programmer R.Power is seeking a key equity capital raise to fund its future growth plans in numerous European nations.

Jul 7, 2022 // Markets & Finance News, Italy, Poland, pv power plants, Europe, r.power, equity capital

Entergy Arkansas issues RfP for 1GW of renewables in US MISO, Southwest areas

United States power distribution company Entergy Arkansas has actually issued an ask for proposals (RfP) for 1GW of solar and wind sources. The company did not divulge the desired split between solar as well as wind resources.

Jul 7, 2022 // Markets & Finance News, Storage, USA, pv power plants, North America, Entergy, request for proposals, distribution, entergy arkansas

Boralex acquires 338MW of solar and wind development from Infinergy

Canadian developer Boralex has actually obtained renewables developer Infinergy's 338MW pipe of renewables as well as energy storage space developments in the UK.

Jul 6, 2022 // Markets & Finance News, UK, Europe, Boralex, Infinergy, Patrick Decotre

Arctech To Supply Solar PV Trackers to Brazilian Project Worth 168MW

Arctech will certainly be supplying solar PV trackers to a Brazilian solar power project of 168 MW called SkyLine Project. The business aspires to get to a portfolio of 1 GW in Brazil.

Jul 6, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, South america, Brazil, mori energia, solar power project, arctech, Comerc Energia, Jesse Lau, Matheus Nogueira

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