Solar Markets & Finance News

Austria generates 90% of its power in May from renewables
The share of power from sustainable resources in Austria rose to about 90% in May and temporarily got to 100% during among the weeks, causing a sharp decline in the demand for power imports.
Jun 28, 2022 // Markets & Finance News, Europe, Austria
Spain's earnings clawback plan 'would harm renewables investment motivation'
A suggested law in Spain focused on clawing back revenues from emissions-free nuclear power plant would develop threats for renewables investors as well as favour fossil fuel-fired generation, according to trade teams that have advised the European Union (EU) to intervene.
Jun 28, 2022 // Markets & Finance News, Policy, Spain, Europe, European Union, windeurope, Eurelectric, REPowerEU, AELEC
Romania's Cemacon to invest 1.05 mln euro in 455 Wp PV park
Romanian structure materials producer Cemacon [BSE: CEON] said that it intends to spend 1.053 million euro ($1.11 million) in a 455 Wp photovoltaic park.
Jun 28, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Europe, Romania, PV Power Plant, Cemacon
Aquila launches 50MW Spanish PV
Albeniz solar farm benefits from a PPA with Statkraft
Jun 28, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Europe, PV Power Plant, aquila
NextEnergy Capital bags 200MW United States solar
Both PV projects in Florida gain from long-term PPAs for 100% of their generation
Jun 28, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, North America, nextenergy capital
Alternus to buy 184MW Polish PV
Projects range in size from 1MW to 10MW and are presently had by Projekt Solartechnik
Jun 28, 2022 // Markets & Finance News, Poland, Europe, Vincent Browne, Alternus
Philippines awards 1.5 GW of solar PV in maiden renewables auction
Nearly 1.5 GW of solar PV in the Philippines has actually been gotten via the nation's new renewables auction round.
Jun 28, 2022 // Markets & Finance News, Solar Energy, tender, Asia, Philippines, Southeast Asia, renewables auction, solar philippines
EnBW buys up to 800MW of German PV projects from Procon Solar
Solar designer Procon Solar GmbH has actually sold a 400MW PV project pipeline to German power company EnBW, with the potential for this to fold the next year as EnBW targets 50% of renewables in its generation mix by 2025.
Jun 28, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Germany, pv power plants, Europe, enbw, procon solar, Projects, project acquisition, Brandenburg
Statkraft speeds up onshore renewables annual target to 4GW by 2030
Energy giant Statkraft means to develop 4GW of onshore renewables annually by 2030, an acceleration of its previous 2025 target of 2.5 GW-- 3GW.
Jun 28, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, renewable energy target, Statkraft, green hydrogen, power generation, green hydrogen strategy, renewable energy growth
Xinyi Solar issues profit warning amidst falling price of solar glass
Solar glass company Xinyi Solar has provided a profit caution after the price of solar glass fell and the price of key components and also power inputs rose.
Jun 27, 2022 // Manufacturing News, Markets & Finance News, China, Asia, solar glass, Xinyi Solar, PV glass, glass, xinyi glass, profit
UAE aluminium producer takes aim at silicon metal market
Emirates Global Aluminium (EGA), among the globe's largest vendors of aluminium, is to go into the silicon metal market with a solar energy plant in the United Arab Emirates (UAE).
Jun 27, 2022 // Manufacturing News, Markets & Finance News, manufacturing, Asia, United Arab Emirates, aluminium, solar manufacturing, silicon metal, emirate global aluminium
Sunlight Group bags US$ 290 million in finances
Greece-based battery maker Sunlight Group has received EUR275 million (US$ 290 million) in car loan funding to expand production and study.
Jun 27, 2022 // Manufacturing News, Markets & Finance News, Storage, Greece, Germany, Europe, lithium-ion, loans, gigafactory, Sunlight Group
Bank of America inks 160MW PPA in Indiana
Electrical energy and RECs will certainly originate from the Mammoth Central PV project when operational in late 2024
Jun 24, 2022 // Markets & Finance News, USA, PPA, North America, Indiana, bank of america
Sungrow delivered nearly 50GW of PV inverters in 2021, takes leading spot in international rankings
Sungrow was the globe's greatest PV inverter business in 2021, delivering 47.1 GW of products as well as increasing its manufacturing centers in Asia, according to research company IHS Markit.
Jun 24, 2022 // Manufacturing News, Markets & Finance News, Sungrow, China, IHS Markit, solar pv, Asia, inverter manufacturing, inverter supplier
Michigan regulators approve Consumers Energy's clean energy plan
The Michigan Public Service Commission (MPSC) has authorized utility Consumers Energy's plan to end coal use by 2025.
Jun 24, 2022 // Markets & Finance News, Policy, USA, ENERGY STORAGE, Michigan, North America, michigan public services commission, us utility, Consumers Energy, coal plant retirement, coal phase out