Solar Markets & Finance News

Operational solar PV capacity need to reach 5.2 TW by the end of the decade in order to meet the 1.5 ° C Paris climate goal, according the International Renewable Energy Agency (IRENA) most current World Energy Transition Outlook.

Triodos Bank UK is introducing a ₤ 4.7 million community renewable resource bond deal through its crowdfunding system for Empower Community Foundation, which owns 2 solar farms.

Tesseract Holdings purchase of Greco makes up two assets completing 100MWp

Parks with 48MW capacity will be the first for the Spanish PV developer

A draft file by the Electricity System Operator says that Bulgaria can add 5.9 GW of power by 2031 out of which 4.9 GW can be from eco-friendly sources of energy. ESO states that power export in wintertimes will not be possible and also possibilities in summers will certainly depend upon hydropower result.

Woodside Petroleum will fund the building and construction of a 5MWe CSP technology demonstration plant in Mojave Desert to be build by Heliogen. Both the business will market the technology in Australia as well as possibly in the US also.

Portugal will certainly stop calling for environmental effect evaluations for new solar projects with a capacity of under 50MW as part of federal government efforts to accelerate PV deployment.

Commercial and industrial (C&I) solar designer Altus Power has actually authorized a major strategic partnership with Trammell Crow Company (TCC), one of the largest commercial real estate developers in the US, to bring Altus Power's clean power remedies to TCC's real estate projects.

Europe can cut in half the amount of gas in its energy mix and decrease energy costs by EUR323 billion (US$ 356 billion) if it rapidly accelerates renewable release, according to a brand-new report from energy technology group Wärtsilä.

Japanese mobile operator NTT Docomo Inc has entered into a company power acquisition agreement (PPA) with NTT Anode Energy Corp (NTT AE) tied to a newly-constructed solar power plant, the previous announced on Tuesday.

Gore Street Energy Storage space Fund is seeking to increase ₤ 75 million via the issue of 68,181,818 new ordinary shares to money the purchase and building and construction of a new pipeline.

Construction has commenced on a 49.5 MW/99MWh standalone energy storage space system following brand-new financing from Santander UK.

FT reports BEIS Secretary going for 50GW and also 30GW from PV and also onshore specifically by 2030

The US Division of Commerce (DOC) is to examine alleged circumvention of antidumping and also countervailing duties (AD/CVD) by solar suppliers in Cambodia, Malaysia, Thailand as well as Vietnam.

Croatian cereals trader Granolio [ZSE: GRNL] and two affiliate firms plan to spend an overall of 31.2 million kuna ($4.5 million/4.1 million euro) in solar power plants under deals with regional renewable resource firm Energo Solar, Granolio said on Monday.