Solar Markets & Finance News

Zinc battery player Eos completed 2021 with US$ 150m backlog and US$ 124m net loss
Zinc battery energy storage space system carrier Eos Energy Enterprises ended up 2021 with an order backlog of US$ 148.7 million as well as a net loss for the year of US$ 124.2 million.
Apr 8, 2022 // Markets & Finance News, Storage, Eos, Zinc Battery
Microsoft Chile, AES Andes ink renewables PPA
Microsoft Corp (NASDAQ: MSFT) has actually signed a power purchase agreement (PPA) with Chilean utility AES Andes SA to source renewables for its brand-new data centre it is building in Chile, both business introduced this week.
Apr 8, 2022 // Markets & Finance News, PPA, AES, Microsoft Chile
German government raises country's solar target, goes for 215GW mounted by 2030
Germany's federal government is planning to slash red tape for new renewables projects as part of a new package of procedures that will certainly see the nation's already ambitious solar deployment targets be raised even further.
Apr 8, 2022 // Markets & Finance News, Germany, rooftop, Europe, policy, bsw, permitting, auctions and tenders, deployment target, BEE
The Philippines readied to massively increase solar capacity, project pipe grows 10-fold in a year
The Philippines looks set to substantially increase its solar implementation, according to Fitch Solutions, which has actually changed up its forecasts for the country's non-hydro renewables industry in accordance with a rapidly-expanding project pipeline as well as growing governing assistance.
Apr 8, 2022 // Markets & Finance News, Asia, Philippines, fitch solutions, coal, large-scale solar, pipeline
UK to relax planning laws as new energy strategy lays out hope of five-fold boost in PV capacity by 2035
The UK government has committed to a significant ramp-up of solar capacity in the nation as part of a brand-new energy strategy.
Apr 8, 2022 // Markets & Finance News, UK, Europe
Luxcara, Meta ink 210MW Danish PV power play
PPA is for a portfolio of three solar projects containing two in Zealand as well as one in Jutland
Apr 7, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Europe, Denmark, Luxcara, meta
Matrix to acquire 105-MW solar-plus-storage project from Recurrent Energy
Matrix Renewables, the TPG Rise-backed renewables platform, has actually consented to buy a 105-MW solar project in California with 80 MWh of energy storage space capacity from Recurrent Energy LLC, part of Canadian Solar Inc (NASDAQ: CSIQ).
Apr 7, 2022 // Markets & Finance News, recurrent energy, solar-plus-storage project, Matrix
Aspen Power to get 53 MW of community solar projects in Mid-Atlantic
Dallas-based dispersed generation platform Aspen Power Partners is getting 53 MW of community solar projects in Maryland and Pennsylvania from Illinois-headquartered solar developer Trajectory Energy Partners.
Apr 7, 2022 // Markets & Finance News, solar projects, Aspen Power, Mid-Atlantic
Array Technologies revenues dented by supply chain woes, project delays
Solar tracker service provider Array Technologies is expecting to bounce back from a 2021 beset by supply chain difficulties and project hold-ups, as its order publication gets to a brand-new high and also comes to be extra geographically diverse.
Apr 7, 2022 // Markets & Finance News, financial results, trackers, Array Technologies, supply chain, company results, AD/CVD, project delays
Australia added 1.2 GW of large-scale solar in 2021 however renewables financial investment slows, report finds
Large-scale solar implementation in Australia leapt 38% year-on-year in 2021 as its 3 biggest PV plants were commissioned, but financial commitments for new renewables projects in the country fell, according to a new report.
Apr 7, 2022 // Markets & Finance News, ENERGY STORAGE, Australia, rooftop, South Australia, Oceania, new south wales, investment, Clean Energy Council, covid-19, deployment statistics, Darlington Point
Eco Energy World hires new CFO as expansion gathers pace
Solar project programmer Eco Energy World (EEW) has actually employed James Hunter as its new principal financial officer (CFO) as it bids to bolster its worldwide presence.
Apr 7, 2022 // Markets & Finance News, cfo, Eco Energy World, executive appointments, EEW
Array Technologies assigns new CEO as Jim Fusaro calls time at the business
US solar tracker provider Array Technologies has actually assigned Kevin Hostetler as its new CEO after its current CEO Jim Fusaro stated his purpose to retire by the end of the year.
Apr 7, 2022 // Markets & Finance News, USA, North America, Array Technologies, sti norland, ceo, solar trackers, array, executive appointments
Sonnedix shuts funding for 3 MWp of solar farms in Japan
International independent power manufacturer (IPP) Sonnedix Power Holdings Ltd has shut its initial portfolio financing in Japan for 2.8 MWp of solar farms.
Apr 6, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Japan, Sonnedix, Asia, Solar Farms
Colombia's EPM begins awarding contracts for 83-MW solar project
Colombian utility Empresas Publicas de Medellin (EPM) has started a tendering process to choose an engineering working as a consultant that will oversee work with its 83-MW Tepuy solar farm project in the division of Caldas, centre-west Colombia.
Apr 6, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, South america, Colombia, EPM, Solar Project
Portugal floating solar auction gathers record negative price, awards 183MW
Portugal's very first floating solar auction closed with a world record-low price, with utilities EDP and also Endesa among the winning bidders, the nation's environment ministry has actually announced.
Apr 6, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, Portugal, EDP, Voltalia, Finerge, floating PV, Europe, auction, Endesa, world record, joao galamba, hybridisation