Solar Markets & Finance News

Bipartisan group of US senators fall to solar AD/CVD disagreement, urging Biden to act
A bipartisan group of US senators has actually fallen to the contentious anti-dumping circumvention investigation, highly advising the Biden administration to speed up the review.
May 3, 2022 // Markets & Finance News, USA, manufacturing, North America, import tariffs, department of commerce, anti dumping, AD/CVD, doc, gina raimondo, job losses
Renewables subsidiary of India's NTPC releases 500MWh battery storage space tender
Indian state-owned power producer NTPC has actually launched a tender for large-scale battery storage space, simply a couple of days after the Solar Energy Corporation of India (SECI) also started a comparable solicitation process.
May 3, 2022 // Markets & Finance News, Storage, India, NTPC, Asia
Galp to purchase 4.8 GWp of solar, wind projects in Brazil
Portuguese power group Galp Energia SGPS SA (ELI: GALP) introduced today that it has accepted acquire a portfolio of solar and also wind projects in Brazil with an incorporated capacity of 4.8 GWp.
May 3, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Galp, South america, Brazil, solar projects, wind projects
Shell to acquire Sprng Energy renewables platform for US$ 1.55 bn.
Private equity company Actis has consented to market its Sprng Energy renewables platform to energy significant Shell for US$ 1.55 billion.
May 3, 2022 // Markets & Finance News, India, Asia, Actis, shell, sprng energy, acquisition, portfolio acquisition
Biden to provide $3.1 B to support domestic production of EV batteries
President Joe Biden's management stated it will supply $3.1 billion in funding to support the domestic production of sophisticated batteries that will stimulate electric vehicle fostering.
May 3, 2022 // Markets & Finance News, Storage, EV batteries, Joe Biden, LG Energy
Boralex shuts EUR-532m stake sale in French renewables ops to EIP
Canadian power firm Boralex Inc (TSE: BLX) has actually settled the EUR-532-million (USD 567.9 m) sale of a 30% risk in its French renewables company to Switzerland-based Energy Infrastructure Partners (EIP), thus safeguarding a lasting companion to sustain its growth prepare for the neighborhood market.
May 2, 2022 // Markets & Finance News, Boralex, EIP
Brazil's Intelbras gets local solar PV equipment manufacturer Renovigi
Brazil's Intelbras SA (BVMF: INTB3), a company concentrated on services in security, networks, communication and energy, has wrapped up the purchase of a 100% equity risk in regional photovoltaic (PV) equipment producer Renovigi Energia Solar SA.
May 2, 2022 // Markets & Finance News, South america, Brazil, Renovigi
Azure Power plugs in 90 MW of solar in India
Indian solar programmer as well as power manufacturer Azure Power Global Ltd (NYSE: AZRE) introduced today that it has actually commissioned 90 MW of solar sites in India's state of Assam.
May 2, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Asia, Azure Power
KKR reaches agreement to acquire French renewables developer Albioma
Investment firm KKR has actually reached an agreement to acquire French renewables programmer Albioma.
May 2, 2022 // Markets & Finance News, France, Europe, Albioma, KKR, public tender, stake acquisition
Senators Plead With Biden for Quick End to Solar Trade Probe
Examination endangers acute damage to united state solar, group says Tariff supporters state united state needs to develop solar supply chain
May 2, 2022 // Markets & Finance News, Tariffs, USA, North America, Joe Biden
Indonesian Anantara Joins the Listing of Singapore's Renewable Energy Suppliers
A USD 5 billion (EUR 4.64 bn) JV in between Quantum Power Asia and ib vogt GmbH Anantara project will certainly generate more than 3.5 GW as well as shop 12GWh of renewable energy Singapore plans to import approximately 4GW of clean energy by 2035
May 2, 2022 // Markets & Finance News, Masdar, ib vogt GmbH, Quantum Power Asia, AAPowerLink, Anantara, Anantara Energy Holdings Pte Ltd, Union Energy Corp, UEC
ReNew Power signs PPAs with Indian utilities and corporates for 2GW of solar PV
Indian Independent power producer (IPP) ReNew Power has signed a variety of offtake agreements with both state utilities and corporates in India totalling roughly 2GW.
May 2, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, India, SECI, Asia, Rajasthan, corporate ppa, corporate offtaker, ReNew Power, PSPCL, utility ppa
SEIA calls AD/CVD case 'monumental loss' for US as it slashes solar forecasts by 24GW as well as warns of 100,000 job losses
Solar Energy Industries Association (SEIA) has actually lowered its United States solar installment forecasts by 24GW over the following two years adhering to the United States government's decision to explore the circumvention of duties in Southeast Asia, asserting 100,000 solar jobs will be shed because of this.
Apr 29, 2022 // Markets & Finance News, USA, SEIA, North America, modules, solar jobs, department of commerce, anti dumping, AD/CVD, module supp
Shell Indicators Agreement To Acquire Sprng Energy Group For $1.55 Billion
Shell Overseas Investment B.V., an entirely had subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion as well as with it, the Sprng Energy group of companies.
Apr 29, 2022 // Markets & Finance News, Actis, shell, sprng energy, Wael Sawan, Oil to renewable, renewable acquisition
United States DOE announces 20 finalists for its American-Made Solar Prize, cash prizes as well as assistance supplied
The United States Department of Energy (DOE) has revealed the 20 finalists moving forward in its American-Made Solar Prize Round 5, which will certainly see 10 hardware-focused and also 10 software-focused teams relocate via to the following round and also get cash prizes.
Apr 29, 2022 // Markets & Finance News, USA, NREL, North America, Hardware, doe, software, america-made solar prize