Solar Markets & Finance News

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.

Tesla has been gotten to offer 150MW/300MWh of its Megapack battery energy storage system (BESS) remedy for projects in growth by Edify Energy in Australia.

Aker Horizons ASA (OSE: AKH) announced on Wednesday it has actually agreed to take care of its continuing to be shares in Norway-based polysilicon and silicon gas producer REC Silicon ASA to South Korea's Hanwha Group.

The Central Electricity Board (CEB) of Mauritius has issued 2 different tenders for 100MW and 40MW capacities. The Mauritius Government wishes to enhance the share of renewable energy in the energy basket to greater than 35 per cent by 2025.

Solar supplier Heliene as well as US nanomaterials specialist UbiQD are to work together on PV modules targeted at the expanding 'agrivoltaic' sector.

LONGi Solar is to procure more than 200,000 metric tonnes (MT) of polysilicon from upstream service provider Tongwei under a two-year agreement.

The war in Ukraine will certainly "turbocharge" the worldwide green hydrogen industry as the price of choices rise by more than 70% as well as Europe seeks to reduce its reliance on Russian gas with a series an economic bundles, according to Rystad Energy.