Solar Markets & Finance News

Sunergy Renewables takes shortcut to Nasdaq stock market
Sunergy Renewables, LLC, a Florida, USA-based household setup business, and Esgen Acquisition Corp. have gotten to an agreement for a merger.
Apr 25, 2023 // Markets & Finance News, nasdaq, Sunergy Renewables
Staggering Boom in Renewables Seen in United States by 2030, BNEF Predicts
Projects could produce enough energy to power 100 million homes Obstacles connecting to grids viewed as danger to development
Apr 25, 2023 // Markets & Finance News, USA, BNEF, North America
South Africa Weighs Mega Renewable-Energy Tender to Curb Outages
Proposal would ask for procurement of 15,000 megawatts Existing rounds ought to be sped up and also launched by end May
Apr 25, 2023 // Markets & Finance News, tender, Africa, South Africa, Kgosientsho Ramokgopa
ACWA Power inks financing deal for 200MW Egyptian solar
$ 123m package includes loans of approximately $36m from the EBRD as well as $14.6 m from the OPEC Fund
Apr 25, 2023 // Markets & Finance News, Asia, Africa, Egypt, ACWA Power
Google, EDPR Partner on 500 MW Distributed Solar Development in United States
The collaboration will certainly support greater than 80 distributed solar PV projects amounting to 500 MW in America. The program will additionally be moneyed with Google's purchase of a novel renewable energy credit (REC) called the ImpactREC.
Apr 25, 2023 // Markets & Finance News, USA, North America, Google, EDPR, Sana Ouji, Gustavo Monteiro, ImpactREC.
OCI Solar Power Sells 110 MW Texas Solar Project to Mitsui
The sold off solar power project lies in Hill County, Texas called 'Three W Solar.' The two firms collaborated last February for utility-scale solar power projects in Texas.
Apr 25, 2023 // Plants, Commercial, Markets & Finance News, USA, North America, Charles Kim, OCI Solar Power, Solar Project, Alamo 2 Solar Farm, Mitsui & Co, solar photovoltaic project, Three W Solar
Solis Launches New Hybrid Inverter in South Africa
The company notifies that with included generator connection as well as control functions, the inverter works as a totally independent power centre to fulfill the specific requirements southern African domestic and also C&I markets, where power outages have actually become an everyday routine. Solar inverter maker Ginlong (Solis) Technologies, is readied to launch its new S6 Advanced Power Hybrid Inverter, specifically for South Africa. It will be revealed at the Solar Show Africa 2023 in Johannesburg from April 25 to 26.
Apr 25, 2023 // Markets & Finance News, Inverters, India, Asia, Africa, South Africa, Solis
Germany adds 944 MW of solar, 298 MW of onshore wind in March
Germany connected 943.7 MW of new solar installations to the power grid in March as well as deployed 298.4 MW of new onshore wind capacity, according to data released by the Federal Network Agency.
Apr 24, 2023 // Markets & Finance News, Germany, Europe
Norwegian firm Empower New Energy Signs $6.5 Million Solar Power Deal in Lagos, Nigeria
Norwegian renewable resource investment firm, Empower New Energy, has recently authorized a $6.5 million worth solar power deal in Lagos. The business has actually started a collaboration with the Nigerian clean energy firm, Powercell Limited, to work with a project that aims to decrease contamination as well as increase clean energy use in the nation.
Apr 24, 2023 // Markets & Finance News, Africa, Nigeria, Empower New Energy
Proportion of N-Type Solar Cell Production Schedules is Anticipated to Exceed 15% in April 2023
The output of solar cells stood at 318 GW throughout 2022, with a regular monthly average output of 26.5 GW, and the average capacity utilisation rate was 56.18%. In 2023, the complete output is expected to be 512.7 GW, with a regular monthly standard of 42 GW.
Apr 24, 2023 // Manufacturing News, Markets & Finance News, solar cell, shanghai
Afreximbank to Money EUR56M Cameroonian Solar Initiative
Pan-African banks the African Export-Import Bank (Afreximbank) has actually devoted EUR56 million in the direction of a rural electrification initiative in Cameroon.
Apr 24, 2023 // Markets & Finance News, Africa, Cameroon, Afreximbank
EBRD baits financing for landmark solar plant in Albania
EBRD leads syndicate of IFC, Intesa Sanpaolo Bank Albania, Privredna Banka Zagreb in co-financing Karavasta solar plant in Albania First big utility-scale solar PV plant in the country Financial investment stems from EBRD Renewable Energy Auctions Programme
Apr 24, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, EBRD, Europe, PV Power Plant, Albania
Ameresco, Sunel eye 1.5 GW PV-storage opportunity
New JV is bidding on projects in the UK, Greece, Italy, Spain and also Romania which exceed $500m in contract value
Apr 24, 2023 // Plants, Commercial, Markets & Finance News, Storage, ameresco, Sunel
Helleniq Energy eyes acquisition of 20-MW solar park in Cyprus
Greek energy team Helleniq Energy (previous Hellenic Petroleum) is close to getting a 20-MW solar park in Cyprus in a bargain anticipated to be secured within the next few weeks, Insider Greece reports.
Apr 21, 2023 // Plants, Commercial, Markets & Finance News, Europe, Cyprus, Solar Park, Helleniq Energy
EDPR lands 109-MW solar PPA with P&G in Italy
EDP Renovaveis SA (ELI: EDPR) has authorized a long-term power purchase agreement (PPA) with United States durable goods giant Procter & Gamble Co (NYSE: PG) covering the output of a 109-MW solar portfolio in Italy.
Apr 21, 2023 // Markets & Finance News, Italy, PPA, Europe, EDPR