Solar Markets & Finance News

India to add 20GW of solar PV in FY2023

India set up more than 12GW of solar PV in the fiscal year 2022 (FY2022) yet this is expected to soar to more than 20GW in FY2023 as the nation aims to accelerate its solar implementation, according to JMK Research.

Aug 2, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, India, pv power plants, Asia, rooftop solar, modules, basic customs duty, JMK Research, india solar

Ampt files lawsuit against SolarEdge alleging patent infringement on power systems innovation

Power optimiser service provider Ampt has filed 2 lawsuits against SolarEdge in the United States alleging patent infringement on power optimiser modern technology.

Aug 1, 2022 // Markets & Finance News, USA, SolarEdge, North America, lawsuits, power optimisers, patent infringement, Ampt

Actis to take regulating stake in Dubai's solar platform Yellow Door Energy

Private equity company Actis has actually struck a deal to obtain a controlling interest in Dubai-based solar platform Yellow Door Energy Ltd with over 200 MW of protected manufacturing capacity.

Aug 1, 2022 // Markets & Finance News, Actis, Dubai, Yellow Door Energy Ltd

Foresight acquires 50% stake in UK battery project

Clayfords Energy Storage Limited holds the advancement rights to 50MW lithium-ion storage plant in Scotland

Aug 1, 2022 // Markets & Finance News, Storage, Europe, SCOTLAND, Foresight Solar

EDPR protects 200MW Californian solar PPA

United States project, which is anticipated to be operational in 2024, additionally includes 150MW of storage space

Aug 1, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, North America, EDPR

Iberdrola to acquire Polish wind, solar projects

98MW of assets will certainly be purchased from V-ridium, KGAL JV Augusta Energy

Aug 1, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Poland, Iberdrola, Europe, KGAL, V-RIDIUM

United States utility to acquire 130MW solar site from Invenergy

CenterPoint Energy is seeking approval from the Indiana Utility Regulatory Commission

Aug 1, 2022 // Markets & Finance News, USA, Invenergy, North America

Mytilineos' profits soar to US$ 168m in H2 2022 as renewable sales double

Renewables programmer Mytilineos has seen its profits soar to EUR166 million (US$ 168.56 million) in H1 2022, with renewables sales nearly doubling.

Aug 1, 2022 // Markets & Finance News, Chile, South america, financial results, Renewable Energy, Mytilineos, turnover, financial update

First Solar inks 2.4 GW supply deal with Intersect

Modules will be supplied to developer's US pipe of projects

Jul 29, 2022 // Manufacturing News, Markets & Finance News, USA, First Solar, North America, Sheldon Kimber

Asset manager ICG protects bulk stake in BSR

Intermediate Capital Group has actually obtained a 83.5% ownership from Siem Europe

Jul 29, 2022 // Markets & Finance News, UK, Europe, Intermediate Capital Group, ICG, Tim Humpage

EDPR gets 70% stake in solar designer Kronos

The EUR250m transaction enables the Spanish business to participate in Germany and also the Netherlands

Jul 29, 2022 // Markets & Finance News, Germany, Europe, EDP Renewables, Netherlands, Miguel Stilwell d’Andrade, KRONOS

Iberdrola sees earnings soar with worldwide business offsetting Spain's results

Iberdrola has recorded a net earnings of EUR2.07 billion (US$ 2.1 billion) in the very first half of 2022 because of solid performances in its international service offsetting unfavorable results in Spain.

Jul 29, 2022 // Markets & Finance News, USA, Spain, UK, Iberdrola, solar pv, South america, Europe, financial results, Brazil, North America, distribution network, transmission network

Borrego offloads project advancement system

ECP will operate new entity as an independent organization led by existing management group

Jul 28, 2022 // Markets & Finance News, Storage, USA, North America, borrego, Dan Berwick

Repsol offloads 49% share in Spanish PV asset

Pontegadea has actually spent EUR27m to acquire its stake in the 127MW Kappa plant in Manzanares

Jul 28, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Europe, repsol, Josu Jon Imaz, Roberto Cibeira

Ardian to get GreenYellow risk for EUR1.4 bn.

French solar designer has actually set up around 720MW of PV to date as well as is energetic in 16 countries.

Jul 28, 2022 // Markets & Finance News, France, Europe, GreenYellow, ardian infrastructure, Jean-Charles Naouri

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