Solar Markets & Finance News

UK to relax planning laws as new energy strategy lays out hope of five-fold boost in PV capacity by 2035

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

Apr 8, 2022 // Markets & Finance News, UK, Europe

Luxcara, Meta ink 210MW Danish PV power play

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

Apr 7, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Europe, Denmark, Luxcara, meta

Matrix to acquire 105-MW solar-plus-storage project from Recurrent Energy

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).

Apr 7, 2022 // Markets & Finance News, recurrent energy, solar-plus-storage project, Matrix

Aspen Power to get 53 MW of community solar projects in Mid-Atlantic

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.

Apr 7, 2022 // Markets & Finance News, solar projects, Aspen Power, Mid-Atlantic

Array Technologies revenues dented by supply chain woes, project delays

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.

Apr 7, 2022 // Markets & Finance News, financial results, trackers, Array Technologies, supply chain, company results, AD/CVD, project delays

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

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