Solar Markets & Finance News

Sungrow 2021 Results Provide Strong Growth, Claims 30% Market Share

The worldwide spread out company made 40% of its revenues outside China. It has made the most of the shift towards string inverters, providing a wide portfolio of choices in markets worldwide.

Apr 25, 2022 // Markets & Finance News, SG350HX, growth rate, cumulative capacity, Sungrow inverters

Perovskite solar company Tandem PV raises US$ 6m to develop Californian production facility

US perovskite company Tandem PV has closed on the first half of a US$ 12 million Series A raise after raising US$ 6 million for constructing a pilot production center in its headquarters of San Jose, California.

Apr 25, 2022 // Manufacturing News, Markets & Finance News, perovskite, funding, Tandem cells, series a, tandem solar cell

SNEC 2022 postponed up until December amidst Shanghai lockdown

Solar sector exhibition SNEC has postponed its 2022 edition up until the end of this year as a result of COVID-19 lockdowns in Shanghai.

Apr 25, 2022 // Markets & Finance News, China, Asia, shanghai, covid-19, snec, SNEC 2022

Greenvolt obtains 50% stake in solar co Univergy Autoconsumo

Portuguese renewables company Greenvolt - Energias Renovaveis SA (ELI: GVOLT) has actually obtained a 50% stake in Univergy Autoconsumo, a firm focused on solar power remedies in the Spanish service field.

Apr 22, 2022 // Markets & Finance News, Greenvolt, Univergy Autoconsumo

BayWa r.e. releases consultation for 160MW Oaklands Farm Solar Park

BayWa r.e. has actually introduced a consultation for its 160MW Oaklands Farm Solar Park, South Derbyshire.

Apr 22, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, UK, Europe, baywa r.e., Solar Park, Ashley McInnes

X-ELIO funds 50MW Spanish solar

The developer has actually authorized a EUR27m handle Banco Sabadell for its CSF Tabernas project

Apr 22, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Europe, x-elio, Arancha Martínez

Amazon Announces New Renewable Projects of 3.5 GW Across the Globe

The new wind, solar as well as storage projects will certainly discover North America, EMEA, Asia, and Australia. Today renewable resource portfolio of Amazon currently stands at 15.7 GW from 310 renewable energy projects.

Apr 22, 2022 // Markets & Finance News, Rooftop PV, clean energy, Amazon, Renewable Energy, Solar Power, Wind Energy, Andy Jassy, RE portfolio

Eolian Gets $925 Million Renewable Resource Funding

The financing took place in collaboration with Banco Santander, Natixis, MUFG and also Mizuho. This was Natrixis' 2nd funding with Eolian, and follows their bilateral $100mm LC facility that closed in November last year.

Apr 22, 2022 // Markets & Finance News, Natixis, Banco Santander, Renewable Energy, RE, Aaron Zubaty, MUFG, Eolian, Mizuho, Nasir Khan, Nuno Andrade, Paul McNutt

Global Battery Energy Storage Systems Market Set For CAGR Of 27.9% On Grid Modernisation

According to an evaluation by ESOMAR-certified marketing research as well as consulting company Future Market Insights, the battery energy storage systems market is expected to be valued at US$ 64.92 B in 2032, with 27.9% CAGR throughout the forecast duration.

Apr 22, 2022 // Markets & Finance News, Storage, ENERGY STORAGE, battery stoage, Future market insights, growth rate, LG Energy Solutions, market size, PRiMX

India solar module prices up 38% given that mid-2020 as demand outstrips supply

PV module prices in India have increased by ~ 38% in the last 20 months, in part due to provide chain disruptions and also increasing solar demand, with rates not expected to drop till completion of following year.

Apr 22, 2022 // Manufacturing News, Markets & Finance News, India, Asia, prices, covid-19, JMK Research, supply chain, module prices, BCD

US capitalist broadens solar pipe by 2GW

CIG Capital is buying five large-scale projects in Texas, South Dakota as well as North Dakota

Apr 21, 2022 // Markets & Finance News, USA, North America, CIG Capital

EDPR gets in Texas solar power play

240MW Cattlemen PV project in Milam County is due to be operational in 2023

Apr 21, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, North America, EDPR

Michigan utility Consumers Energy to include 8GW solar, 550MW BESS by 2040 in coal retirement plan

Michigan utility Consumers Energy as well as a coalition of customer teams have settled on a plan that will certainly see the company leave from coal by 2025 with deploying virtually 8GW of solar PV as well as 550MW of battery energy storage space systems (BESS) by 2040.

Apr 21, 2022 // Markets & Finance News, Storage, USA, Battery Storage, Michigan, Clean Energy Plan, North America, battery energy storage systems bess, integrated resource plan, indiana michigan power

Tesla's solar release falls 48% due to 'import delays' on components

Tesla CEO Elon Musk said he expects the business to address component shortages that limited the development of its solar organization in the initial quarter of 2021, as installs reduced 48% year-on-year.

Apr 21, 2022 // Markets & Finance News, TESLA, ENERGY STORAGE, Elon Musk, financial results, residential, powerwall, delays, solar roof tile

Maxeon, Canadian Solar resolve patent infringement suit in Japan

Solar module providers Maxeon Solar Technologies as well as Canadian Solar have cleared up an agreement on a patent infringement lawsuit in Japan.

Apr 21, 2022 // Manufacturing News, Markets & Finance News, Japan, Canadian Solar, Asia, lawsuit, Maxeon, patent infringement, Maxeon Solar Technologies, shingled solar modules, settlement

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