Solar Markets & Finance News

Abu Dhabi's International Holding Company PJSC will certainly invest $2 billion as primary capital in three green-focused companies of Adani Group-- Adani Green Energy, Adani Transmission and also Adani Enterprises.

Statkraft Italy has authorized a four-year research study arrangement with the Department of Agro-Environmental and Territorial Sciences (DiSAAT) at the University of Bari Aldo Moro in Italy to explore the potential of agri-photovoltaics (agri-PV) in Europe.

Zinc battery energy storage space system carrier Eos Energy Enterprises ended up 2021 with an order backlog of US$ 148.7 million as well as a net loss for the year of US$ 124.2 million.

Microsoft Corp (NASDAQ: MSFT) has actually signed a power purchase agreement (PPA) with Chilean utility AES Andes SA to source renewables for its brand-new data centre it is building in Chile, both business introduced this week.

Germany's federal government is planning to slash red tape for new renewables projects as part of a new package of procedures that will certainly see the nation's already ambitious solar deployment targets be raised even further.

The Philippines looks set to substantially increase its solar implementation, according to Fitch Solutions, which has actually changed up its forecasts for the country's non-hydro renewables industry in accordance with a rapidly-expanding project pipeline as well as growing governing assistance.

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

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

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).

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.

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.

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.

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.

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.

International independent power manufacturer (IPP) Sonnedix Power Holdings Ltd has shut its initial portfolio financing in Japan for 2.8 MWp of solar farms.