Solar Markets & Finance News

China, Europe Will Lead World To Record-breaking RE Capacity In 2022
The worldwide capacity enhancements are anticipated to rise this year to 320 GW.
May 11, 2022 // Markets & Finance News, USA, China, Latin america, Europe, Asia, North America, IEA, hydropower, Wind Energy, Onshore
Cypress Creek appoints new CIO to accelerate its growth
Independent power producer (IPP) Cypress Creek Renewables has hired Jeffrey Meigel as its new chief investment officer (CIO).
May 11, 2022 // Markets & Finance News, USA, IPP, Cypress Creek Renewables, North America, executive appointments, appointments
Lightsource BP to Hire Hundreds for Global Solar Expansion
Solar programmer expects to handle 570 new employees this year It's moving right into markets such as South Korea and also New Zealand
May 10, 2022 // Markets & Finance News, Lightsource BP, Nick Boyle
EU Seeks to Increase Solar Energy to Cut Russian Gas, Draft Shows
Commission's method sees greater than 500GW of solar by 2030 Roadmap belongs to strategy to wean bloc off Russian energy
May 10, 2022 // Markets & Finance News, Europe, Asia, Russia, EU, russian gas, Michael Bloss
UAE Invites Companies to Bid for 40% Stake in 1.5 GW Solar Plant
Project part of Abu Dhabi's attempt to get to net zero by 2050 Oil-rich Persian Gulf state aims for 20 GW of solar by 2020
May 10, 2022 // Markets & Finance News, Asia, UAE, PV Power Plant
AMEA Power gets financing for 26.6-MW solar project in Burkina Faso
Dubai-based clean power manufacturer AMEA Power revealed today it has actually attained financial close for a 26.6-MW solar project in Burkina Faso.
May 10, 2022 // Markets & Finance News, amea power, Burkina Faso, Solar Project
Israel's Nofar Energy intends to invest 300 mln euro in RES in Romania in 2023-2024
Israel's Nofar Energy is aiming to establish or obtain wind as well as solar projects in Romania where it plans to spend over 300 million euro ($ 316 million) in the adhering to 2 years, it claimed on Tuesday.
May 10, 2022 // Markets & Finance News, Europe, Asia, Israel, res, Romania, Nofar Energy
Cero closes 70MW Italian solar financing
Pontinia PV project site will likewise include land made use of for farming agricultural crops
May 10, 2022 // Markets & Finance News, Italy, Europe, Cero, Marta Martinez Queimadelos
Austria's Verbund bags renewable portfolio in Spain
The deal belongs to Verbund's strategy to generate 20-25 per cent of its electrical energy from photovoltaic or pv resources and offshore wind farms.
May 10, 2022 // Markets & Finance News, Spain, Europe, Q-Energy, Austria, verbund
Borosil Renewables Plans To End Up Being Largest Non Chinese Solar Glass Maker
Solar panel glass maker Borosil Renewables has announced that it will invest Rs 1,500 crore over the following 2 years to broaden its capacity by nearly 2.5 times and supply glass for 15 GW of solar modules by FY25.
May 10, 2022 // Manufacturing News, Markets & Finance News, solar glass, anti-dumping duty, Borosil Renewables, Pradeep Kheruka, Interfloat Group
Cypress Creek closes US$ 125m debt facility to fund solar, storage pipeline
Independent power producer (IPP) Cypress Creek Renewables has actually closed a US$ 125 million debt facility to fund the expansion of its solar and storage space pipe.
May 10, 2022 // Markets & Finance News, USA, IPP, Cypress Creek Renewables, North America, project pipeline, Crédit Agricole, debt facility
Ukraine conflict dents Scatec's opening quarter earnings
Russia's invasion of Ukraine was blamed for a collapse in Q1 earnings recorded by independent power manufacturer (IPP) Scatec.
May 10, 2022 // Markets & Finance News, Scatec, Ukraine, Europe, financial results, Asia, BESS, Philippines, green hydrogen, green ammonia, development pipeline
NextEnergy Solar co-invests in 210-MW solar project in Portugal
NextEnergy Solar Fund Ltd (LON: NESF), the detailed investment firm handled by NextEnergy Capital Group, on Monday said it has inked its 2nd co-investment offer abroad for a 13% stake in a 210-MW solar project in Portugal.
May 9, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Portugal, Europe, Solar Project, NextEnergy
Altius Announces $32.5 million investments in RE platform
Altius' subsidiary Great Bay Renewables has actually carried out agreements to spend into a new international renewables development platform called Bluestar Energy Capital. Great Bay is likewise investing alongside another institutional financier for a minority equity ownership in Bluestar
May 9, 2022 // Markets & Finance News, Declan Flanagan, Renewable Energy, Lincoln Clean Energy, Apollo Global Management, Altius Renewable Royalties Corp, Bluestar Energy Capital, Frank Getman, Great Bay Renewables, Nova Clean Energy, Ørsted Onshore
Azure Power appoints new CEO following April resignations
Indian independent power manufacturer (IPP) Azure Power has appointed Harsh Shah as CEO, reliable from 1 July, following the resignation of its previous CEO, Ranjit Gupta, last month.
May 9, 2022 // Markets & Finance News, India, Asia, Azure Power, ceo, executive appointments, harsh shah