Solar Markets & Finance News

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
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