Solar Markets & Finance News

LONGi plots solar wafer, cell and also module capacity leap as Q1 revenue jumps 17%.

Leading solar manufacturer LONGi has actually disclosed it expects to finish 2022 with solar wafer, cell and also module production capacity of 150GW, 60GW and also 85GW respectively.

May 9, 2022 // Manufacturing News, Markets & Finance News, China, Asia, LONGi, solar manufacturing, manufacturing capacity, solar wafers, solar shipments

SunPower to buy platform upgrades as domestic solar customer backlog gets to new record

US household solar installer SunPower's backlog soared to a record 13,800 customers entering Q2 2022 with the installer validating a series of financial investments it is making to meet surging demand.

May 9, 2022 // Residential, Markets & Finance News, Rooftop PV, USA, SunPower, financial results, North America, Battery Energy Storage, Peter Faricy, sunvault

Five EU member specifies urge bloc to get to 1TW of installed solar PV by 2030

The European Union (EU) need to establish greater solar PV release targets as well as speed up the energy shift to phase out its energy dependency on Russia immediately, according to 5 member states of the bloc.

May 9, 2022 // Markets & Finance News, Spain, rooftop, Europe, Belgium, European Union, Lithuania, Luxembourg, Austria, european commission, energy transition, deployment target, european manufacturing, domestic manufacturing, REPowerEU

EDPR includes 465MW of renewables capacity in Q1 following Sunseap acquisition

EDP Renewables (EDPR) added an overall of 465MW of wind as well as solar capacity in Q1 2022, generally because of its acquisition of Singaporean designer Sunseap, while it recorded a net earnings of EUR66 million (US$ 69.8 million), up 75% on the previous year.

May 9, 2022 // Markets & Finance News, EDP, financial results, EDP Renewables, apac, EDPR, Sunseap, capacity expansion

EU Countries Call for 1,000 Gigawatts of Solar Energy by 2030

Scale-up of voltaics would amount to current worldwide capacity Spain, Austria among nations to call for rapid rollout

May 6, 2022 // Markets & Finance News, Spain, Ukraine, Europe, Asia, Austria, Russia

NatPower offers 22-MWp solar PV portfolio in Italy to Theia

Renewables designer NatPower has offered a 22-MWp solar photovoltaic (PV) portfolio in Italy to Theia Investments for an undisclosed amount.

May 6, 2022 // Markets & Finance News, Italy, Europe, NatPower, Theia

Greenbacker purchases 50 MW of NY solar projects from Hecate

Lasting facilities investor Greenbacker Renewable Energy Company LLC (GREC) on Monday said it has acquired utility-scale solar projects totalling 50 MW, all located in Greene County, in the state of New York.

May 6, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, hecate, greenbacker, solar projects

Amazon agrees 450-MW solar purchase in California with AES

Amazon.com Inc (NASDAQ: AMZN) has dedicated to acquiring electrical power from 450 MW of solar parks to power its data centres in California under a handle power supplier AES Corp (NYSE: AES).

May 6, 2022 // Markets & Finance News, California, USA, Amazon, North America, AES

Boosts in power cost forecasts provide boost for Bluefield, Octopus Renewables

Bluefield Solar and Octopus Renewables Infrastructure Trust (ORIT) have detailed the continued influence of the high power prices seen across Europe in a lingering fad across the sector.

May 6, 2022 // Large-Scale, Markets & Finance News, UK, Europe, Bluefield, financials, ORIT, Octopus Renewables Infrastructure Trust, Nav, Results

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

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