Solar Markets & Finance News

Matrix safeguards money for 129MW Spanish solar farm

A lasting financing contract has been agreed with Natixis for a project in Almonte

May 6, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Europe, solar farm, Nicolas Navas, Matrix

BayWa Q1 revenue enhanced by solar module trading 'boom'.

German empire BayWa took advantage of high need for solar modules throughout the very first quarter of 2022, with its revenues reinforced by the sale of an operational PV plant in the US.

May 6, 2022 // Markets & Finance News, USA, Spain, PPA, Texas, Europe, financial results, North America, baywa r.e., BayWa, company results, project sale, distributors, nestle, solar wholesale, suppliers

Sunrun includes 30,000 customers, 213MW of solar in Q1 2022 as it seeks to protect itself versus United States headwinds

Leading United States solar installer Sunrun added 29,463 customers in Q1 2022, a 20% get on the exact same period last year, with monitoring now anticipating mounted solar capacity to be 25% or better for the full year 2022, up from the previously forecast 20%.

May 5, 2022 // Residential, Markets & Finance News, Rooftop PV, USA, Sunrun, financial results, North America, AD/CVD, customer acquisition

Blue Elephant acquiring 4 MW of Italian solar parks

German solar and wind farm operator Blue Elephant Energy AG has actually sealed an offer to obtain a 4-MW solar park portfolio in Italy in an action that will certainly enhance its overall set up capacity in the country to 72 MW.

May 5, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Italy, Europe, solar parks, blue elephant, Tim Kallas

FFI, Teslin invest in flexible PV modules manufacturer HyET Solar

Dutch investment fund Teslin Participaties has joined Fortescue Future Industries (FFI) in supplying development capital to HyET Solar, a Dutch programmer of flexible and lightweight solar photovoltaic or pv (PV) innovation.

May 5, 2022 // Manufacturing News, Markets & Finance News, FFI, Julie Shuttleworth, Teslin, flexible PV module, HyET Solar

CenterPoint Energy safeguards 335MW United States solar PPAs

Indiana Utility Regulatory Commission accepts offtake agreement for 2 PV projects in Indiana

May 5, 2022 // Large-Scale, Markets & Finance News, USA, PPA, North America, centerpoint energy, Steve Greenley

Neoen revenues get on strong solar, energy storage performance

French independent power manufacturer (IPP) Neoen recorded a 36% leap in revenue in Q1 2022, solar revenue increasing 31% year-on-year.

May 5, 2022 // Markets & Finance News, France, IPP, Australia, Argentina, South america, Europe, neoen, Oceania

Tata Power Renewables commissions 120 MW solar project in Gujarat

Tata Power Renewable Energy Limited (TPREL), a 100 percent subsidiary of Tata Power, has commissioned the solar project, which will generate 305247 MWh every year for Gujarat Government (GUVNL), a firm statement claimed.

May 4, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Asia, gujarat, Praveer Sinha, GUVNL, Solar Project, Tata Power Renewable Energy

Origis Energy protects US$ 375m credit facility for solar, storage space pipeline

United States designer Origis Energy has actually secured a loan that will aid it progress with its pipe of greater than 20GW of PV, solar-plus-storage and standalone storage projects.

May 4, 2022 // Markets & Finance News, USA, Deutsche Bank, North America, hsbc, rabobank, Origis Energy, Santander, developer, nomura

Helios divests 70MW Swedish solar

Designer managing construction as well as offering technical management of two PV parks for Commerz Real

May 4, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Sweden, Europe, helios, Solar Park, Peter Nygren

Germany Pledges EUR10 billion assistance for India to accomplish 500GW RE by 2030

PM Modi and Chancellor Scholz signed a joint declaration whereby the two countries will form an Indo-German partnership for green and lasting development. Both nations will additionally establish an Indo-German Renewable Energy Partnership

May 4, 2022 // Markets & Finance News, Germany, Europe, narendra modi, Olaf Scholz, India-Germany Inter-Governmental Consultations, Indo

Daqo obtains authorization for US$ 1.66 bn fundraise to expand polysilicon output

Polysilicon producer Daqo New Energy has actually received authorization from the Shanghai Stock Exchange for an exclusive offering on China's A-share market to sustain its capability expansion.

May 4, 2022 // Manufacturing News, Markets & Finance News, China, Asia, Daqo New Energy, Daqo, inner mongolia, shanghai stock exchange, xinjiang daqo, polysilicon production, capacity expansion

Louisiana regulator authorizes PPA for 98-MW solar project

Persistent Energy LLC, part of Canadian Solar Inc (NASDAQ: CSIQ), stated today that the Louisiana Public Service Commission (LPSC) has actually cleared the power purchase contract (PPA) for a 98-MW solar project in the northeastern part of the state.

May 3, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, PPA, North America, Solar Project, Louisiana, Craig Greene

European trade bodies decry 'distorting' interventionist energy policy, call for accelerated renewables rollout

The heads of five major energy trade bodies in Europe have written to the European Union and also member states prompting them not to alter the present power price establishing system in light of the continent's energy crisis as well as rather pursue greater renewables rollout.

May 3, 2022 // Markets & Finance News, Policy, Europe, SolarPower Europe, policy, european commission, energy crisis, intervention

SolarEdge posts record quarterly revenue as European shipments soar

Inverter manufacturer SolarEdge gained from high need for its products in Europe to raise revenues to a quarterly record while browsing a scarcity of digital components.

May 3, 2022 // Manufacturing News, Markets & Finance News, Inverters, financial results, SolarEdge, covid-19, shipping, electricity prices

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