Solar Markets & Finance News

Entities like British Columbia Investment Management Corporation and MEAG are co-purchasers of Reden Solar. The independent power producer has an operational portfolio of 72MW as well as 15GW remain in the pipe.

Solar implementation in Iberia is being held back by planning as well as permitting and also laws unfit for the emerging power paradigm and European Commission intervention might be essential, a panel of investors has concluded.

US utility-scale solar deployment is set to reach a record 22GW this year, with the technology accounting for practically half of the new producing capacity because of be included in the power grid from 2022 to 2023.

LONGi solar has actually boosted its wafer prices for the third time in less than six weeks as a four-month high in wafer prices proceeds, while Tongwei solar has additionally raised the price of its 182mm and also 210mm solar cells.

Europe's neighborhood of solar designers, sponsors and property proprietors are supported for wider impacts and also headwinds brought on by the recurring dispute in Ukraine, with inflation and spiraling commodity prices highlighted as of particular concern.

Acquisition of Sun Power Energy brings IPP's total capacity of running assets and projects to 6.5 GW.

Project in Sacramento County is expected to get to commercial procedure no behind 2024

The deadline for sending applications ended last Wednesday at 23:59, with the period for obtaining proposals having actually run because January 29. The nation's National Energy as well as Climate Plan sets 2030 targets for emissions decreases, energy efficiency and renewable resource, looking to achieve affordable carbon neutrality by 2050.

Exclusive equity firm Ares Management is leading an equity financial investment of up to US$ 600 million in SB Energy, the SoftBank-owned solar developer.

A consortium led by Macquarie Asset Management is acquiring French independent power producer (IPP) Reden Solar for a business value of EUR2.5 billion (US$ 2.7 billion).

US commercial as well as industrial (C&I) PV developer DSD Renewables (DSD) has secured a US$ 200 million liked equity investment from Ares Management Corporation to raise its growth.

Inverter provider SMA Solar Technology has decreased its 2021 incomes forecast also further and also has warned of extra headwinds this year due to the continuous worldwide chip lack.

Norway's Norfund and UK growth finance organization CDC have actually collaborated to money 2.4 GW of eco-friendly deployment in South Africa via a ZAR600 million (US$ 39 million) investment in renewables business H1 Capital.

Australian mining traveler Frontier Energy (ASX: FHE) is working on a 114-MW DC solar project in Western Australia under a broader strategy to become an integrated clean energy firm.

Hungary has actually released a new tender under its METAR motivation programme that looks for to award contracts for 864 GWh of power from renewable energy sources.