Solar Markets & Finance News

German monitoring provider meteocontrol is to supply Colombian power supplier Celsia with centralised monitoring solutions for all its PV plants in Colombia as well as Central America.

Presently the module manufacturing capacity is just below 8GW in the USA. SEMA coalition says that passage of SEMA Act and also other policy assistance will certainly help the industry expand to 30GW by 2025. SEMA says that sector can likewise generate 18,000 direct and also 60,000 indirect production jobs.

According to a review by the SUN DAY Campaign of information newly released by the Federal Energy Regulatory Commission (FERC) as well as the United State Energy Info Administration (EIA), solar, wind and other renewable energy sources (biomass, geothermal, hydropower) provided 81.07% of new residential electrical creating capacity in 2021.

US solar deployment got to a record high in 2021, but with unpredictable product prices and also supply chain uncertainty leading to project delays and also cancellations, utility-scale enhancements are set to get this year.

Italian utility Enel Group and Spanish bank Santander have actually consented to work together on solar PV, lithium battery storage space and energy efficiency solutions for the domestic and also business and also commercial (C&I) markets.

Module prices are to remain elevated for the next 18 months at the very least, with any added manufacturing capacity readied to be swiftly ingested by rising need and also capacity addition outside of China considered high-risk, Finlay Colville, head of marketing research at Solar Media, has actually stated.

Portuguese renewables firm Greenvolt - Energias Renovaveis SA (ELI: GVOLT) has inked an offer to buy a 50% stake in a 243-MW Portuguese solar portfolio presently under growth by Infraventus.

The ten-year off-take deals connect to set of Italian plants which are intended to start building and construction before 2023

French power manufacturer operates biomass, solar as well as geothermal assets

Saudi Arabia Energy Minister educates that even more renewable projects worth 15 gigawatts will certainly be added this as well as coming year. Saudi Power Procurement Company authorized PPAs with Ar Rass Solar and also consortium led by Jinko Power.

Australian oil as well as gas significant Origin Energy Limited (Origin) has actually introduced it means to carry out a preliminary on-market share buy-back of $250 million. The share buy-back is expected to commence in April 2022.

Entities like British Columbia Investment Management Corporation and MEAG are co-purchasers of Reden Solar. The independent power producer has an operational portfolio of 72MW as well as 15GW remain in the pipe.

Solar implementation in Iberia is being held back by planning as well as permitting and also laws unfit for the emerging power paradigm and European Commission intervention might be essential, a panel of investors has concluded.

US utility-scale solar deployment is set to reach a record 22GW this year, with the technology accounting for practically half of the new producing capacity because of be included in the power grid from 2022 to 2023.

LONGi solar has actually boosted its wafer prices for the third time in less than six weeks as a four-month high in wafer prices proceeds, while Tongwei solar has additionally raised the price of its 182mm and also 210mm solar cells.