Solar Markets & Finance News

French administration firm Mirova has actually fully acquired solar finance company SunFunder in a push to broaden its investment platform in emerging markets.

Europe will certainly need a total of 187GW of power storage by 2030 and also 600GW by 2050 to meet its renewable energy targets, according to the European Association of Energy Storage (EASE).

Japan has actually chosen 5 solar photovoltaic (PV) projects amounting to 128.94 MW in the most recent tender with Pacifico Energy KK winning over half of the designated capacity.

US renewable resource remedies strong Cal Solar Inc announced that it has released its engineering, construction and procurement (EPC) division to serve solar and also energy advancement business all over California.

German power group Uniper SE (ETR: UN01) announced on Monday that it has entered into an off-take contract with a system of Enerparc AG for the purchase of 208 GWh of solar power annually.

Spanish utility Endesa SA (BME: ELE) claimed on Monday that it has actually signed a ten-year contract to provide 100% renewable power to resort chain Hoteles Santos and all of its establishments in Spain.

Solar and energy storage space deployment in the US could be increased under new proposals from the country's Federal Energy Regulatory Commission (FERC) aimed at resolving substantial stockpiles in interconnection queues.

Project designer Solar Philippines has submitted offers to contract outcome from 10GW of PV plants presently under advancement.

San Diego, California-based Borrego on Thursday claimed it has completed the construction of a portfolio of 15 solar-plus-storage projects for United States power generation group AES Corp (NYSE: AES).

CrossBoundary has actually raised $25 million funding from various capitalists-- ARCH Emerging Markets Partners Limited, Bank of America, as well as Microsoft Climate Innovation Fund. Solar energy as well as batteries that will make the mini grids will certainly assist in supplying 24X7 electricity to houses as well as small companies

The Bhutanese government has actually determined 7 sites where the solar farms will be established at a price of $300 million. Bhutan presently has a mere 9 MW of renewable energy apart from hydropower.

European developers will certainly be the primary beneficiaries of existing higher wholesale prices and favourable business economics for renewables projects over the next decade, according to a report from advising company Edison Group.

Project funding center CrossBoundary Energy Access (CBEA) has elevated US$ 25 million to finance solar energy mini-grids in Africa.

Solar Module Super League supplier JinkoSolar has powered its very first abroad factory only from sustainable resources.

The European Union (EU) Parliament has passed a new resolution condemning civils rights misuses in China's Xinjiang area and also has actually gotten in touch with its exec, the European Commission (EC), to pass tougher profession sanctions on the nation.