Solar Markets & Finance News

EBRD to Boost Photon Energy Solar Projects in Romania, Poland
Photon Energy seeks an EBRD loan of up to €15 million to finance up to 20-30MW of solar power plants in Romania and Poland. With the loan covering half the cost of the plants, Photon Energy can now participate in capacity market and energy system services auctions. With a portfolio of 123MW in small-mid PV power plants and listing on 3 stock exchanges, Photon Energy is a leader in the industry, headquartered in Amsterdam.
Nov 9, 2023 // Plants, Large-Scale, Markets & Finance News, Poland, EBRD, Europe, photon energy, Romania, Solar Project
Waaree Secures 70 MW EPC, 135 MW Solar Deals in India
Waaree Energies Ltd receives Letter of Award to deploy 70 MW DC of solar PV capacity; Worth INR 1.83 billion. 135 MW of solar PV modules to be supplied to NTPC Ltd for installation in four months; Waaree also responsible for O&M for five years.
Nov 9, 2023 // Markets & Finance News, India, Asia, waaree
10 GWh Deal: Quinbrook & CATL Partner for Storage Solutions
Quinbrook Infrastructure Partners signs agreement for 10 GWh of energy storage solutions from CATL. 5-year framework to supply optimized solutions for projects across US, UK and Australia, 1 GWh of first deliveries for Australia & UK. Already deploying CATL solutions at Gemini solar-plus-storage complex in NV. 20 GW of storage projects in pipeline.
Nov 8, 2023 // Markets & Finance News, CATL, quinbrook infrastructure partners
Solar Outshines Hydropower: US Power Shift in 2024
Save on electricity bills with residential solar! Incentives and hardware cost reductions have made it attractive to homeowners, contributing to solar becoming the 2nd largest source of US electricity. Renewable energy is projected to surpass coal and nuclear in 2024.
Nov 8, 2023 // Markets & Finance News, USA, North America
China Widens Solar Gap: WoodMac
China to remain the global leader in solar supply chain for the next 4 years, controlling 80% of global capacity. USD 130B invested, cost, tech & policy advantages. Capacity sufficient to cover global demand until 2032. US & India to add 200 GW, but Chinese imports remain.
Nov 8, 2023 // Manufacturing News, Markets & Finance News, China, Asia
R.Power Acquires 91 MWp Solar Projects in Poland
R.Power acquires a 91 MWp portfolio of photovoltaic projects in Poland, backed by EUR 250 million from investors like Three Seas Fund & EBRD. Join us on the journey as we expand into European markets.
Nov 8, 2023 // Markets & Finance News, Poland, Europe, r.power, Solar Project
Trina Solar Invests $420M in Vietnam PV
Trina Solar Co Ltd is investing an additional $420 million to expand its production capacity in Vietnam. Discover how the US tariffs this summer affected the company's plans and learn more about the new investment.
Nov 7, 2023 // Markets & Finance News, Asia, Trina Solar, Vietnam
Malaysia's Pekat Group Powers Up 5 Offtake Contracts
PSTSB is helping Malaysia transition to renewable energy sources with 5 corporate customers now signed on! Learn more about this project and the steps being taken to reduce carbon footprints.
Nov 7, 2023 // Markets & Finance News, Malaysia, Asia, Pekat Group
200MW Murcia Solar: TotalEnergies & Soltec Forge Ahead
TotalEnergies and Soltec have achieved a major milestone with their solar project in Spain. With 337,174 bifacial photovoltaic modules and 5341 solar trackers, the Luminora Solar Dos project will bring 2200 jobs and energy savings to the local towns. Studies by TotalEnergies, UAM and CTFC to reduce environmental impact are also underway.
Nov 7, 2023 // Markets & Finance News, Spain, Europe, Soltec, Solar Project, TotalEnergies
Sri Lanka Launches 200MW Solar Tender
Develop two 100 MW floating solar plants at the Samanalawewa Reservoir with the Ceylon Electricity Board (CEB). Submit proposals by Dec 13, 2023. Boost Sri Lanka's solar energy market and join the 714 MW installed capacity.
Nov 7, 2023 // Markets & Finance News, tender, Asia, Sri Lanka
Neoen's Hangover: Battery Decline & Solar Farm Contract Cuts Earnings
Neoen: Australia's Leading Renewable Energy Developer - Revenues down 8% in Q3 but strong 9-month results. 412 MW Goyder South Wind, 219 MW/876 MWh Battery, 10 GW capacity by 2025+ - Ebitda €700 million+.
Nov 6, 2023 // Markets & Finance News, Australia, neoen, Oceania
Fortescue Axes $Multi-Billion Renewables Hub in Australia
Fortescue Metals Group has abandoned its Uaroo Renewable Energy Hub plans. Read on to find out why, and the implications for the company's decarbonisation strategy. Discover what the EPA's role was in the cancellation of the project.
Nov 6, 2023 // Markets & Finance News, Storage, Australia, Oceania, Fortescue
Gonvarri Solar Steel Seals 37 MW Tracker Deal in Colombia
Gonvarri Solar Steel signs 37 MW solar tracker contract in Colombia. 12.6 MW capacity trackers for three projects plus 3.9 GW of trackers across Latin America since 2005. Discover the world of renewable energy with Gonvarri.
Nov 3, 2023 // Markets & Finance News, South america, tracker, Colombia, Gonvarri Solar Steel
619 GW US Clean Energy Set to Boom
Discover the future of clean energy in the US, from solar and offshore wind to energy storage, with the Inflation Reduction Act (IRA) extension and tax credits. BloombergNEF forecasts 619 GW of new energy by 2030. Explore the findings and the potential impact of federal reforms.
Nov 3, 2023 // Markets & Finance News, USA, North America
Climate Tech Funding Hits $16.6B in Record Q3
Climate tech investments jumped 224% in Sweden and surged to $16.6 billion worldwide in Q3 2023. China led the way with $4.5 billion, followed by low-carbon energy and transport. 34 new venture capital and private equity funds are expected to inject $8.2 billion.
Nov 3, 2023 // Markets & Finance News, Sweden, China, Europe, Asia