Solar Markets & Finance News

Solar panel glass maker Borosil Renewables has announced that it will invest Rs 1,500 crore over the following 2 years to broaden its capacity by nearly 2.5 times and supply glass for 15 GW of solar modules by FY25.

Independent power producer (IPP) Cypress Creek Renewables has actually closed a US$ 125 million debt facility to fund the expansion of its solar and storage space pipe.

Russia's invasion of Ukraine was blamed for a collapse in Q1 earnings recorded by independent power manufacturer (IPP) Scatec.

NextEnergy Solar Fund Ltd (LON: NESF), the detailed investment firm handled by NextEnergy Capital Group, on Monday said it has inked its 2nd co-investment offer abroad for a 13% stake in a 210-MW solar project in Portugal.

Altius' subsidiary Great Bay Renewables has actually carried out agreements to spend into a new international renewables development platform called Bluestar Energy Capital. Great Bay is likewise investing alongside another institutional financier for a minority equity ownership in Bluestar

Indian independent power manufacturer (IPP) Azure Power has appointed Harsh Shah as CEO, reliable from 1 July, following the resignation of its previous CEO, Ranjit Gupta, last month.

Leading solar manufacturer LONGi has actually disclosed it expects to finish 2022 with solar wafer, cell and also module production capacity of 150GW, 60GW and also 85GW respectively.

US household solar installer SunPower's backlog soared to a record 13,800 customers entering Q2 2022 with the installer validating a series of financial investments it is making to meet surging demand.

The European Union (EU) need to establish greater solar PV release targets as well as speed up the energy shift to phase out its energy dependency on Russia immediately, according to 5 member states of the bloc.

EDP Renewables (EDPR) added an overall of 465MW of wind as well as solar capacity in Q1 2022, generally because of its acquisition of Singaporean designer Sunseap, while it recorded a net earnings of EUR66 million (US$ 69.8 million), up 75% on the previous year.

Scale-up of voltaics would amount to current worldwide capacity Spain, Austria among nations to call for rapid rollout

Renewables designer NatPower has offered a 22-MWp solar photovoltaic (PV) portfolio in Italy to Theia Investments for an undisclosed amount.

Lasting facilities investor Greenbacker Renewable Energy Company LLC (GREC) on Monday said it has acquired utility-scale solar projects totalling 50 MW, all located in Greene County, in the state of New York.

Amazon.com Inc (NASDAQ: AMZN) has dedicated to acquiring electrical power from 450 MW of solar parks to power its data centres in California under a handle power supplier AES Corp (NYSE: AES).

Bluefield Solar and Octopus Renewables Infrastructure Trust (ORIT) have detailed the continued influence of the high power prices seen across Europe in a lingering fad across the sector.