Solar Markets & Finance News

Off-grid solar professional Sun King has actually increased US$ 260 million in a Series D funding round intended to expand international accessibility to affordable solar power across Africa and also Asia.

MET Groupis acquiring six projects in Italy and also Spain increasing its portfolio to 714MW

The group of financiers, which includes union pension plan funds and also other institutional investors, argued that SolarCity was a failing enterprise that dealt with "likely bankruptcy" were it except the activities of Musk and also other Tesla board members, who also had large equity risks in SolarCity.

The Dubai Electricity as well as Water Authority (Dewa) introduced that it will be investing $11 billion as capital expenditure over the next 5 years. Under the Dubai Clean Energy Strategy, Dubai targets to obtain 75% of its energy requirements only from clean energy sources by 2030.

US solar cell supplier CubicPV as well as Waaree Energies, Ltd, a leading domestic solar module producer, have actually introduced that they have become part of a multi-year supply agreement in which CubicPV will supply, per annum, 1 GW of silicon cells to Waaree.

The funds will be used primarily to finance Iberdrola's orders to distributors of generators for offshore and onshore wind farms for Iberdrola's projects in Spain, Poland, Greece, Germany and the UK.

From assisting utilities layout and implement new rates, to matching clients with those optimized for them, and also accurately calculating the impact of energy-related activities on bills, GridX seeks to empower energy vendors to swiftly release new company versions.

The United States Department of Energy (DOE) Loans Program Office (LPO) has committed to a conditional US$ 504 million investment into the development of a significant green hydrogen hub in Utah.

Microinverter provider Enphase Energy avoided ongoing international logistics challenges in the opening quarter of 2022 to post record quarterly revenues.

Croatian furniture producer Sobocan claimed it intends to invest 55 million kuna ($7.7 million/7.3 million euro) by the end of 2024.

German carmaker Volkswagen AG (ETR: VOW) will power its electric car factory in the eastern city of Zwickau with electricity from a nearby 5.3-MW solar plant that will certainly be commissioned by solar developer Enerparc AG in the coming weeks.

Projects to be established over 4 years at new sites as well as former nuclear power plant

Norwegian Foreign Minister Anniken Huitfeldt revealed Norway's membership of the International Solar Alliance (ISA) during her official check out to India, a statement by the nation's Embassy here said on Tuesday.

French energy major TotalEnergies has gotten solar programmer Core Solar and its 4GW portfolio of growth solar and battery storage possessions.