Solar Markets & Finance News

French multi-energy group TotalEnergies SE (EPA: TTE) has authorized a USD-250-million (EUR 219m) deal to obtain the Commercial & Industrial Solutions (CIS) business of majority-owned United States solar business SunPower Corp (NASDAQ: SPWR).

Swiss fund supervisor SUSI Partners, through its Energy Transition Fund (SETF), has introduced a solar PV growth platform in Italy that intends to deploy 500MW of utility-scale solar PV after recognizing Italy as a vital growth market.

Auxin Solar has actually asked the US Department of Commerce to investigate whether Southeast Asia-based business are circumventing United States anti-dumping as well as countervailing responsibility (AD/CVD) orders on cells as well as modules from China.

Microinverter distributor Enphase Energy has actually published solid Q4 2021 results that saw solid profits growth complying with high need for its IQ microinverters and also a 53% jump in orders of its IQ batteries, compared with Q3 2021, despite supply chain restrictions. In reaction to the rise popular for batteries, it has included extra capacity to its facilities in Mexico as well as India.

German solar start-up Sunvigo GmbH has actually increased EUR 15 million (USD 17.1 m) in a funding round backed by renewable energy financiers Eneco and also Sparta Capital.

Solar PV and also various other renewables accounted for a record share of electricity generation in Australia's National Energy Market (NEM) in Q4 2021 at 34.9%, while average wholesale prices rose with the higher cost of fossil fuels regardless of their share of the energy mix shrinking.

The European Investment Bank (EIB) will certainly support the addition of 430MW of solar PV as well as wind in Spain and also Portugal with a EUR100 million (US$ 114 million) financing offer.

Solar energy plants in Egypt have actually generated 4,500 GWh of green electricity in 2021, the media centre of the Council of Ministers said over the weekend.

US solar energy organization DSD Renewables introduced it had acquired a solar-plus-storage project portfolio in southeastern Massachusetts from renewable energy services firm Borrego.

Risen Energy has accepted purchase 15 GW HJT cell and module manufacturing facility in Ningbo Glass manufacturer Jinjing Technology expects approximately 323% net profit growth in 2021

According to Rethink Energy's findings, 2022 will certainly be the 2nd as well as last year of the polysilicon lack. While the financial rebound of 2021 saw demand surpass supply by 50 GW, with possibly an also bigger void in 2022, pledges made by several lots firms must see manufacturing capacity triple over the next 3 years.

Greater than 60 organisations from throughout the US clean energy field have contacted congressional leaders prompting them to enact the climate and also clean energy provisions in the Build Back Better (BBB) Act before President Biden's State of the Union Address on 1 March.

The Spanish area of Catalonia will certainly require to have at least 7GW of solar PV set up by 2030 to put it on track for attaining a decarbonised power system and also energy self-reliance by mid-century.

United States solar tracking systems maker FTC Solar Inc (NASDAQ: FTCI) revealed on Monday that it was granted a contract to provide its tools for an 88-MW solar project in Australia.

Regional electrical utility El Paso Electric (EPE) has actually released a request for proposals (RFP) for the construction of a 10-MW solar park with a 3-MW battery, ideally in the state of Texas.