Solar Markets & Finance News

A project in Australia that can include up to 17-- 20GWp of solar as well as 36-- 42GWh of energy storage space has been categorised as financial investment all set by a federal government agency.

The Australian Centre for Advanced Photovoltaics (ACAP) has actually obtained funding from the nation's new federal government to proceed its solar study tasks up until 2030.

The Australian Energy Market Operator (AEMO) has actually lifted the wholesale power market suspension in all areas of the National Electricity Market (NEM) from 2pm today (AEST), after stepping in greater than a week earlier.

South Korean developer SK D&D has actually signed a co-investment memorandum of understanding (MOU) with renewable resource mutual fund manager Glennmont Partners to target opportunities in solar PV projects in South Korea.

Polysilicon prices have actually continued to climb up in China in the middle of limited supply as suppliers are hit by power rationing.

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.