Solar Markets & Finance News

Maxeon hires new COO amidst continued transformation

Solar module supplier Maxeon Solar Technologies has appointed Philippe Costemale as its new chief operating officer (COO).

May 20, 2022 // Markets & Finance News, Maxeon, Jeff Waters, Philippe Costemale

Huawei and also SolarEdge settle pending lawsuits, sign patent licence agreement

Huawei and SolarEdge have actually settled on a global license licence contract, ending lawsuits in between the business that were pending in Germany and also China.

May 20, 2022 // Manufacturing News, Markets & Finance News, SolarEdge, solaredge technologies, inverter, Huawei, patent

Statkraft reduces sod on 55-MWp solar project in Spain

Norwegian power company Statkraft A/S stated today that it has begun developing a 55-MWp solar farm in the Spanish region of Extremadura.

May 19, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Europe, Statkraft, Solar Project

RES, Alight eye 300MW Swedish solar opportunity

Partners intend to develop multiple projects in the center and southern parts of the Nordic nation

May 19, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Sweden, Europe, res, Alight, Harald Overholm, Matilda Afzelius

United States House representatives sign up with chorus of opposition to solar AD/CVD proceedings

Greater than 80 United States House representatives have signed up with a chorus of lawmakers opposing the solar tariffs investigation as well as pressed United States President Joe Biden to quicken it.

May 19, 2022 // Markets & Finance News, Policy, USA, North America, Joe Biden, import tariffs, circumvention, department of commerce, anti dumping, AD/CVD, countervailing, house of representatives, us congress

APG, OMERS to collectively purchase Dutch solar developer Groendus

Pension investor APG as well as OMERS Infrastructure have secured a deal to jointly acquire Dutch renewables developer Groendus from NPM Capital.

May 19, 2022 // Markets & Finance News, APG, OMERS, Groendus

KGAL takes stake in Italian renewables player

Baltex Progetti has a 300MW pipeline that consists of solar projects in Sicily and Sardinia

May 19, 2022 // Markets & Finance News, Italy, Europe, KGAL, Baltex Progetti

KKR getting RE company ContourGlobal for ₤ 1.75 billion

The acquisition has valued the full issued and also to be issued ordinary share capital of ContourGlobal at ₤ 1.75 billion. The offer will complete soon because, as per reports, a lot of the shareholders of ContourGlobal are backing the deal.

May 19, 2022 // Markets & Finance News, clean energy, Albioma, KKR, ContourGlobal Bboard, Craig Huff, Kohlberg Kravis Roberts & Co

iSun cuts guidance as module procurement struggles cause project delays

United States solar EPC business iSun doubled its Q1 revenue year-on-year but has lowered its 2022 guidance as a result of module procurement challenges within its utility-scale unit.

May 19, 2022 // Markets & Finance News, USA, EPC, financial results, North America, procurement, company results, AD/CVD

Shoals adjusts outlook due to significantly 'challenging' US solar environment

Shoals Technologies has become the most recent solar supplier to adjust its assistance for the year, criticizing an "progressively challenging environment" brought on by the United States AD/CVD examination.

May 19, 2022 // Markets & Finance News, USA, Battery Storage, ssfusa, North America, BOS, balance of system, shoals technologies, company results, shoals, AD/CVD, quarterly results

Green Genius, Sequoia strike 66MW Polish solar offer

Both parties came near an arrangement of PLN175 m (EUR38.5 m) to finance the plants

May 18, 2022 // Markets & Finance News, Poland, Europe, Green Genius, Sequoia

Shell indicators 52GWh Italian solar PPA

The 10-year deal is with Air Liquide to power its industrial and medical gas manufacturing operations

May 18, 2022 // Markets & Finance News, PPA, Europe, shell, Rupen Tanna, itay, Pascal Vinet

EDP inks 100MW global solar bargain

More than 60 self-consumption PV parks will certainly be set up at Faurecia's sites throughout Europe, the US and Asia

May 18, 2022 // Markets & Finance News, USA, Portugal, EDP, Europe, North America, Faurecia, Patrick Koller

Canadian Solar tops Japanese PV market

Company has secured 180MW of capacity under the country's FIT auctions according to Nikkei BP Intelligence Group

May 18, 2022 // Markets & Finance News, Japan, Canadian Solar, Asia, Shawn Qu

ACEN, Puri Usaha Group partner to develop RE in Indonesia

New joint venture Suryagen Capital will create big scale solar, battery energy storage system as well as green hydrogen projects in Indonesia The joint venture entity will certainly create projects spanning the BBK islands as well as the East Nusa Tenggara province

May 18, 2022 // Markets & Finance News, battery energy storage systems, Patrice Clausse, Renewable Energy, Batam, ACEN, Ben Subrata, Bintan, Green Hydrogen Projects, Karimun, Puri Usaha Group, renewable energy projects in Indonesia, scale solar power plants, Suryagen Capital Pte. Ltd.

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