Solar Markets & Finance News

Europe's neighborhood of solar designers, sponsors and property proprietors are supported for wider impacts and also headwinds brought on by the recurring dispute in Ukraine, with inflation and spiraling commodity prices highlighted as of particular concern.

Acquisition of Sun Power Energy brings IPP's total capacity of running assets and projects to 6.5 GW.

Project in Sacramento County is expected to get to commercial procedure no behind 2024

The deadline for sending applications ended last Wednesday at 23:59, with the period for obtaining proposals having actually run because January 29. The nation's National Energy as well as Climate Plan sets 2030 targets for emissions decreases, energy efficiency and renewable resource, looking to achieve affordable carbon neutrality by 2050.

Exclusive equity firm Ares Management is leading an equity financial investment of up to US$ 600 million in SB Energy, the SoftBank-owned solar developer.

A consortium led by Macquarie Asset Management is acquiring French independent power producer (IPP) Reden Solar for a business value of EUR2.5 billion (US$ 2.7 billion).

US commercial as well as industrial (C&I) PV developer DSD Renewables (DSD) has secured a US$ 200 million liked equity investment from Ares Management Corporation to raise its growth.

Inverter provider SMA Solar Technology has decreased its 2021 incomes forecast also further and also has warned of extra headwinds this year due to the continuous worldwide chip lack.

Norway's Norfund and UK growth finance organization CDC have actually collaborated to money 2.4 GW of eco-friendly deployment in South Africa via a ZAR600 million (US$ 39 million) investment in renewables business H1 Capital.

Australian mining traveler Frontier Energy (ASX: FHE) is working on a 114-MW DC solar project in Western Australia under a broader strategy to become an integrated clean energy firm.

Hungary has actually released a new tender under its METAR motivation programme that looks for to award contracts for 864 GWh of power from renewable energy sources.

Chinese solar inverter manufacturer Sungrow Power Supply Co Ltd (SHE:300274) revealed today it will provide 213 MW of its main inverter remedies for the 1-GW Caldeirao Grande 2 solar complex in Brazil's Piaui state.

French PV gamer with 15GW advancement portfolio obtained for EUR2.5 bn.

The International Energy Agency (IEA) has actually released a 10-point strategy to minimize the European Union's dependence on Russian gas that consists of the accelerated deployment of eco-friendly power as the battle in Ukraine destabilises the continent's energy protection.

Italy should increase the authorisation of brand-new solar projects to reduce the country's dependence on imports of Russian gas, the head of state of sector trade organization Italia Solare has actually claimed.