Solar Markets & Finance News

Avaada raises $192m solar war chest
Group chairman said the green bond issue in India's capital markets drew in 'overwhelming interest'
Mar 1, 2022 // Markets & Finance News, India, Asia, Vineet Mittal, Avaada
Glennmont increases Spanish PV pipe by 161MW
Most current take care of Grupotec is an extension of last year's 473MW solar acquisition
Mar 1, 2022 // Markets & Finance News, Spain, Europe, Grupotec, glennmont partners, Joost Bergsma
India includes 10GW of solar PV in 2021, brings total installed capacity to 49GW
India added more than 10GW of solar PV in 2021 as the country hit a cumulative set up solar capacity of 49GW by the end of the year, according to research company Mercom India Research's latest update on India's solar market.
Mar 1, 2022 // Markets & Finance News, Rooftop PV, UTILITY-SCALE SOLAR, India, Asia, Mercom India, JMK Research, install figures
Germany to accelerate renewable energy implementation amid Ukraine crisis
Germany is set to swiftly increase solar and also wind implementation as it advances plans for renewables to account for all the nation's electricity needs by 2035.
Mar 1, 2022 // Markets & Finance News, Germany, tender, Europe, decarbonisation, deployment target, energy crisis, Olaf Scholz, Kerstin Andreae
Aurora Solar eyes product development after closing US$ 200m financing round
San Francisco-based Aurora Solar, a solar sales and also software designer, has shut a US$ 200 million Series D financing round.
Mar 1, 2022 // Residential, Markets & Finance News, Software, Rooftop PV, USA, North America, Aurora Solar, Coatue
Azure Power making 'consistent improvements' as functional capacity exceeds 2.5 GW.
Azure Power exceeded the upper end of its profits assistance for its Q3 fiscal year thanks to the enhancement of brand-new renewables projects.
Mar 1, 2022 // Markets & Finance News, IPP, PPA, India, SECI, Asia, Azure Power, Ranjit Gupta
Vietnam's prepared solar capacity deemed 'too expensive' by government
Vietnam's prepared solar capacity is "too expensive" as well as needs to be reduced, according to local media reports that referral a federal government communication.
Mar 1, 2022 // Markets & Finance News, Asia, Vietnam, renewable energy targets, curtailment, grid connection
Polysilicon manufacturing expenses, wafer manufacturing facility exercise rates bear down Daqo Q4 efficiency
Daqo New Energy recorded a damage to its quarterly profits as well as margin in Q4 2021 after manufacturing costs spiralled as well as sales dropped against a slide popular.
Mar 1, 2022 // Manufacturing News, Markets & Finance News, polysilicon, Daqo New Energy, wafers, Daqo, supply chain, utilisation rates
US solar generation up 25% in 2021, renewables' share of power mix set to surpass coal in 2022
Solar power generation in the United States rose by 25.23% in 2021, making it the country's fastest-growing source of electrical power, while renewables made up 21.02% of all electrical energy and also look set to surpass coal in regards to total manufacturing in 2022.
Mar 1, 2022 // Markets & Finance News, Rooftop PV, USA, UTILITY-SCALE SOLAR, North America, coal, EIA, sun day campaign, us energy mix
EnBW payments 300 MW solar duo in Germany
German energy firm EnBW Energie Baden-Wuerttemberg AG (ETR: EBK) is slowly putting into procedure two subsidy-free solar parks in the state of Brandenburg with a combined result of 300 MW which will provide around 90,000 houses with green electricity.
Feb 28, 2022 // Markets & Finance News, Germany, Europe, enbw
Canadian Solar indicators PPA for 381MW Brazil solar
Agreement with steel maker to offload 50% of energy produced at the Morada do Sol project
Feb 28, 2022 // Markets & Finance News, Canadian Solar, South america, Brazil, Shawn Qu, solar farm, Sergio Leite de Andrade
UK firm Granted ₤ 912,000 to utilize Gravity to Store Energy at Brownfield site
The UK government's Department for Business, Energy & Industrial Strategy (BEIS) has granted around ₤ 912,000 in funding to London-based Gravitricity, whose trademarked technology utilizes gravity to save energy, to make it possible for the firm to set up an energy storage space project in Northern England.
Feb 28, 2022 // Markets & Finance News, Storage, UK, Europe, Electricity, GRAVITRICITY, Brownfield, energy storage projects, Store Energy
Revenue record aids Soltec minimize full-year net loss as development pipe grows
Solar tracker supplier and project developer Soltec observed a strong Q4 efficiency help reduce its loss for the full year to EUR1.2 million (US$ 1.34 million), with its project pipeline growing to in excess of 10GW.
Feb 28, 2022 // Markets & Finance News, Spain, Europe, Soltec, solar trackers, soltec sf7
ReNew sees 25% revenue jump however net losses soar as a result of NASDAQ listing
Indian independent power manufacturer (IPP) ReNew Power posted a 25.6% jump in revenue for the initial nine months of the fiscal year 2022 (FY22) compared to the very same duration in the 2021 fiscal year, while its net losses soared as a result of its August IPO on the NASDAQ.
Feb 28, 2022 // Markets & Finance News, IPP, India, Asia, ReNew Power, nasdaq
AES added 2GW of renewables in 2021, means to exit coal by 2025
Global power business AES included more than 2GW of renewables as well as power storage to its portfolio last year as the business officially confirmed its intent to exit coal generation by 2025.
Feb 28, 2022 // Markets & Finance News, USA, PPAs, PPA, financial results, North America, AES, AES Corporation, Fluence, coal exit