Solar Markets & Finance News

High power prices in Europe may be obscuring the impacts of cost cannibalisation that intimidates the future earnings of renewable energy on the continent, with a 'belt of doom' observed in Germany and Spain at risk of 30% cannibalisation prices by 2030.

Solar developer ReneSola Power is seeking to expand into more European markets after slowdowns in the United States and China contributed to a revenue collapse in its opening up quarter.

German insurance and also monetary company Signal Iduna has obtained a 650-MW subsidy-free solar project that will certainly be improved a former brown coal opencast mine near the city of Leipzig.

Qcells, a division of South Korea's Hanwha Solutions Corp (KRX:009830), has actually become part of a power acquisition arrangement (PPA) in the US for the electrical power that will certainly be generated by a new 150-MW solar park in the state of Wyoming.

Australian solar window company ClearVue Technologies Ltd (ASX: CPV) on Wednesday said it has authorized a letter of intent (LoI) for its first commercial installation in North America that can see its patented solar power windows fitted in at a new office building in Atlanta, Georgia.

Greek industrial group Mytilineos SA stated on Tuesday that it has signed a ten-year power purchase agreement (PPA) in Chile, backing it by 588 MWp of solar farms it will integrate in the South American country.

Danish designer has actually entered 4 partnerships and established a team as well as workplace in Madrid

White House's executive action to put on hold tariffs provides businesses certainty to speed up projects

United States solar supplier Solaria has actually settled patent infringement asserts against Canadian Solar after winning a United States International Trade Commission (ITC) ruling.

Auxin Solar requested Commerce Department to start probe Biden's action 'unmatched and also potentially illegal': Auxin

Poland is readied to maintain the fast pace of solar capacity deployment in the next years and also get to 20 GW of cumulative set up capacity in 2025 and also up to 28.5 GW in 2030, the Institute for Renewable Energy IEO forecasts.

Chinese state-owned power company China Three Gorges has consented to acquire some 619 MW of solar PV assets in Spain from UK renewables investor Nexwell Power, according to numerous reports by the Spanish media.

Qatar is interested in purchasing renewable energy in Egypt, especially in solar and also wind projects, the president of the Qatar Investment Authority (QIA) said during a meeting with his equivalent at Egypt's General Authority for Investment and Free Zones (GAFI).

Project near Leipzig will certainly be built on an opencast mine site and will certainly aid to revitalize the area

Building of the solar projects is expected to start in late 2022 and also get to commercial operation in late 2023. For Canadian solar, the offer is one more effective departure after guaranteeing use of its modules in the project( s) obviously.