Solar Markets & Finance News

Renewable energy business EDP Renovaveis SA (ELI: EDPR) has actually secured two lasting power purchase agreements (PPAs) to offer 216 MW from a 240-MW solar park in Texas.

Brazilian energy services firm Cemig Solucoes Inteligentes em Energisa SA, much better called Cemig SIM, has signed an agreement to acquire a 49% stake in an 18.5-MWp of solar distributed generation (DG) plants.

The African Development Fund, the concessional arm of the African Development Bank Group, has authorized a USD-5.5-million (EUR 5.1 m) technological support give to kick off the Desert to Power project in the eastern part of the Sahel region, specifically in Djibouti, Eritrea, Ethiopia as well as Sudan, the bank has actually introduced.

An over EUR97m center has actually been safeguarded for the 18.1 MW Hanamizuki and 16.4 MW Motegi projects

Abu Dhabi's International Holding Company PJSC will certainly invest $2 billion as primary capital in three green-focused companies of Adani Group-- Adani Green Energy, Adani Transmission and also Adani Enterprises.

Statkraft Italy has authorized a four-year research study arrangement with the Department of Agro-Environmental and Territorial Sciences (DiSAAT) at the University of Bari Aldo Moro in Italy to explore the potential of agri-photovoltaics (agri-PV) in Europe.

Zinc battery energy storage space system carrier Eos Energy Enterprises ended up 2021 with an order backlog of US$ 148.7 million as well as a net loss for the year of US$ 124.2 million.

Microsoft Corp (NASDAQ: MSFT) has actually signed a power purchase agreement (PPA) with Chilean utility AES Andes SA to source renewables for its brand-new data centre it is building in Chile, both business introduced this week.

Germany's federal government is planning to slash red tape for new renewables projects as part of a new package of procedures that will certainly see the nation's already ambitious solar deployment targets be raised even further.

The Philippines looks set to substantially increase its solar implementation, according to Fitch Solutions, which has actually changed up its forecasts for the country's non-hydro renewables industry in accordance with a rapidly-expanding project pipeline as well as growing governing assistance.

The UK government has committed to a significant ramp-up of solar capacity in the nation as part of a brand-new energy strategy.

PPA is for a portfolio of three solar projects containing two in Zealand as well as one in Jutland

Matrix Renewables, the TPG Rise-backed renewables platform, has actually consented to buy a 105-MW solar project in California with 80 MWh of energy storage space capacity from Recurrent Energy LLC, part of Canadian Solar Inc (NASDAQ: CSIQ).

Dallas-based dispersed generation platform Aspen Power Partners is getting 53 MW of community solar projects in Maryland and Pennsylvania from Illinois-headquartered solar developer Trajectory Energy Partners.

Solar tracker service provider Array Technologies is expecting to bounce back from a 2021 beset by supply chain difficulties and project hold-ups, as its order publication gets to a brand-new high and also comes to be extra geographically diverse.