Solar Markets & Finance News

A mandate that attends to the launch of a EUR-1.5-billion (USD 1.65 bn) step to support solar in Italy's agricultural field was joined Friday by agriculture priest Stefano Patuanelli.

Spanish solar energy outfit Energia Inovacion y Desarollo Fotovoltaico SA (BME: EIDF) claimed on Monday that it has gotten to an agreement with Hamburg-based mutual fund IKAV to safeguard financing for a 48-MW portfolio of 30 PV projects in Spain.

Solar designer Solar Philippines has clinched a manage Indonesia's PLN to provide the utility with electricity from 50 MW of solar parks it will certainly construct together with Indonesia-based Medco Energi.

Raymond Carlsen is stepping down as chief executive officer of independent power manufacturer (IPP) Scatec after 13 years in the role, to be replaced by the company's EVP of project growth, Terje Pilskog.

French renewables business Voltalia's economic efficiency last year was enhanced by the growth of its project development, construction and also equipment procurement section, as the company increased its focus on developing solar PV.

The foundation of a "transformed Maxeon Solar Technologies" is almost in place, according to the business's CEO, after it resolved its logistical failures, experienced strong demand for its products and landed a supply contract with US residential installer SunPower.

Italian grid driver Terna will certainly invest EUR9.5 billion (US$ 10.45 billion) to aid improve the country's nationwide transmission grid and construct cross-border affiliations, paving the way for less complicated accessibility for renewables.

German solar and wind farm driver Blue Elephant Energy AG stated today that it has tattooed the procurement of four solar projects with a combined capacity of 44 MW in Chile, improving its complete portfolio in the country to 161 MW.

OX2 claimed that the wind and solar projects are located in different regions of Greece and remain in different stages of advancement. The monetary information of the bargain are not divulged.

Jinko Solar posted year-on-year profits development of 79 percent and quarter-on-quarter development stood at 91 per cent. Its production capacity in terms of mono solar, solar cell and solar module stands at 32.5 GW, 24 GW and also 45 GW.

Chinese solar inverter maker Sungrow Power Supply Co Ltd (SHE:300274) on Wednesday claimed it has signed a 300-MW strategic partnership agreement with its channel agent, Indonesian solar roof specialist Utomo SolaRUV, to expand its sales in the Indonesian market this year and beyond.

Norwegian green power producer Scatec ASA (OSL: SCATC) has actually re-financed the non-recourse debt facilities tied to three running solar farms completing 190 MW it co-owns in South Africa.

Solar production equipment provider Mondragon Assembly has actually gotten a 60% stake in Chinese lamination equipment manufacturer QHD Visual Automation Equipment.

Solar developer ReneSola Power greater than doubled its project pipeline in 2021 and expects to maintain growth this year amid rising demand for renewables as European markets seek to attain even more energy independence.

Japanese investment company Mitsui has spent EUR575 million (US$ 631.6 million) in renewables designer Mainstream Renewable Power, bringing its valuation to EUR2.1 billion after the transaction.