Solar Markets & Finance News

First and second tenders had finished with 168 and 209 propositions quoting the average prices of EUR0.0688/ Rs 5.62 and also EUR0.0743/ Rs 6.06 a device respectively.

The issues, coming at a time when the US is dedicated to growing solar capacity will absolutely slow down growth. The period of uncertainty looks readied to continue at least till the DoC finishes its examinations

Storegga introduced a ₤ 51.3 m funding increase on May 17 from a host of international backers. UK firms delighted in the confidence of international financiers depending on it to drive the transition to net zero.

German energy giant RWE has issued a green bond with a volume of EUR2 billion (US$ 2.1 billion), the proceeds of which will certainly be used to pursue development of solar as well as wind projects.

A bipartisan group of US governors have pressured the President Joe Biden as well as Gina Raimondo to speed up the anti-dumping circumvention investigation (AD/CVD).

Europe has established a leading position throughout the green hydrogen value chain but now should increase financial investments to develop out infrastructure while committing green hydrogen targets to legislation.

Romanian concrete items maker Prebet [BSE: PREB] claimed it had signed an agreement with Electrica Furnizare for the procurement and advancement of a 0.4 MW solar nuclear power plant.

International renewable resource business and company BayWa r.e. announced it has actually become part of 10-year agreements with REV Renewables to offer operations and upkeep (O&M) solutions to 13 existing solar energy plants in the ISO New England and PJM Interconnection regions, consisting of websites in Vermont, Ohio, North Carolina, Maryland, Delaware and New Jersey.

Georgia will invest $200 million in wind, hydropower as well as solar projects. Deputy Economy Minister Romeo Mikautadze said that the locations for the renewable projects have already been picked in the Gori, Ksani and Aspindza regions.

Japanese power firm Osaka Gas is to get in the US utility-scale solar market through a joint venture with project developer Oriden.

Solar PV and various other renewables represent more than a third of electricity generation in Australia's National Energy Market (NEM) in Q1 2022, coal's share slipping by five percentage points year-on-year.

Solar PV producer Maxeon Solar Technologies is to begin selling home energy storage products after partnering with battery producer AlphaESS.

German EPC company Goldbeck Solar GmbH and its partner Respect Energy S.A. have protected a PLN-635-million (USD 140.65 m/EUR 135.44 m) lending for a 286-MWp solar project in Poland with the first stage of the park expected to browse the web in June.

The globe included record amounts of renewable energy last year with 295GW of capacity deployed, up 6% year-on-year, regardless of supply chain restraints, project delays and high commodity costs, according to the International Energy Agency (IEA), which additionally anticipates virtually 320GW to be deployed this year.

HBS New Energies, a trading name of HBS NE Limited, has actually rebranded to UPOWA-- the item business within HBS NE Limited-- in a bid to provide a "one-stop-shop".