Solar Markets & Finance News

Australia added 1.2 GW of large-scale solar in 2021 however renewables financial investment slows, report finds

Large-scale solar implementation in Australia leapt 38% year-on-year in 2021 as its 3 biggest PV plants were commissioned, but financial commitments for new renewables projects in the country fell, according to a new report.

Apr 7, 2022 // Markets & Finance News, ENERGY STORAGE, Australia, rooftop, South Australia, Oceania, new south wales, investment, Clean Energy Council, covid-19, deployment statistics, Darlington Point

Eco Energy World hires new CFO as expansion gathers pace

Solar project programmer Eco Energy World (EEW) has actually employed James Hunter as its new principal financial officer (CFO) as it bids to bolster its worldwide presence.

Apr 7, 2022 // Markets & Finance News, cfo, Eco Energy World, executive appointments, EEW

Array Technologies assigns new CEO as Jim Fusaro calls time at the business

US solar tracker provider Array Technologies has actually assigned Kevin Hostetler as its new CEO after its current CEO Jim Fusaro stated his purpose to retire by the end of the year.

Apr 7, 2022 // Markets & Finance News, USA, North America, Array Technologies, sti norland, ceo, solar trackers, array, executive appointments

Sonnedix shuts funding for 3 MWp of solar farms in Japan

International independent power manufacturer (IPP) Sonnedix Power Holdings Ltd has shut its initial portfolio financing in Japan for 2.8 MWp of solar farms.

Apr 6, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Japan, Sonnedix, Asia, Solar Farms

Colombia's EPM begins awarding contracts for 83-MW solar project

Colombian utility Empresas Publicas de Medellin (EPM) has started a tendering process to choose an engineering working as a consultant that will oversee work with its 83-MW Tepuy solar farm project in the division of Caldas, centre-west Colombia.

Apr 6, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, South america, Colombia, EPM, Solar Project

Portugal floating solar auction gathers record negative price, awards 183MW

Portugal's very first floating solar auction closed with a world record-low price, with utilities EDP and also Endesa among the winning bidders, the nation's environment ministry has actually announced.

Apr 6, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, Portugal, EDP, Voltalia, Finerge, floating PV, Europe, auction, Endesa, world record, joao galamba, hybridisation

LONGi warns of profit hit after Yunnan province rows back on power price deal

LONGi Solar has warned of lowered profits after Yunnan Province, where a considerable portion of its production output stays, terminated a previously-struck power rates agreement.

Apr 6, 2022 // Markets & Finance News, longi solar, LONGi, power prices, capacity expansion, yunnan province

BloombergNEF forecasts 30% annual development for worldwide energy storage market to 2030

The international energy storage market will grow to deploy 58GW/178GWh annually by 2030, with the United States and China standing for 54% of all deployments, according to projecting by BloombergNEF.

Apr 6, 2022 // Markets & Finance News, Storage, Market Research, analysis, BloombergNEF, Market research, supply chain, deployment forecasts, forecasts and predictions, statistics and trends

Western Australia financing feasibility research study for state's largest battery project

The federal government of Western Australia is funding work to assess a potential battery energy storage space system (BESS) project which would certainly be the greatest built in the state up until now.

Apr 6, 2022 // Markets & Finance News, Storage, Western Australia

Aquila Capital forms South Korean JV

Partnership with TopInfra to develop and create wind and solar projects in the country

Apr 6, 2022 // Markets & Finance News, South Korea, Asia, Aquila Capital, Alexander Lenz, Tristan Jung

Avacon, SAB WindTeam to invest EUR 500m in renewables in Lower Saxony

German energy business Avacon AG as well as project programmer SAB WindTeam GmbH have actually signed up with pressures to invest greater than EUR 500 million (USD 548.45 m) in onshore wind and solar projects in Lower Saxony.

Apr 6, 2022 // Markets & Finance News, Germany, Europe, Avacon, SAB WindTeam

IKEA seller purchases 440-MW solar project package in Europe from Enerparc

The investment arm of Ingka Group, the greatest store in the IKEA franchisee system, announced today it has actually acquired a 440-MW solar photovoltaic or pv (PV) project portfolio in Germany as well as Spain from developer Enerparc AG.

Apr 6, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Europe, ikea, Enerparc, Solar Project

Innova, Novus protected planning approval for 24MWp solar site as both seek 8GW portfolio

Planning approval has been offered for Ducklington Solar Farm in Oxfordshire, a site being created by Innova Renewables and advancement consultancy Novus Renewable Providers.

Apr 5, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, UK, Europe, Innova, Novus, Ryan Adams

Portugal's Greenvolt pursues C&I solar market in Spain

Portuguese renewables firm Greenvolt - Energias Renovaveis SA (ELI: GVOLT) has released a business unit committed to supplying solar dispersed generation (DG) remedies for commercial as well as commercial (C&I) clients in Spain.

Apr 5, 2022 // Markets & Finance News, Spain, Portugal, Europe, Greenvolt

Iberdrola secures EUR88m car loan for PV-hydrogen project

EIB as well as ICO funds will be utilized to create a 100MW solar, 20MWh battery and also electrolyser initiative in Spain

Apr 5, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Solar to Fuel, ICO, Spain, Iberdrola, Europe, hydrogen, eib, Ignacio Galan, PV-hydrogen project

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