Solar Markets & Finance News
Seeking greater electrification in Sub-Saharan Africa: 'The future of energy may be built there'
The drive to electrify Sub-Saharan Africa will certainly need US$ 350 billion of financial investment and also might expose an alternative vision for the energy transition that concentrates on a decentralised, bottom-up solar-and-storage abundant grid that benefits from affordable solar power, according to research study company Wood Mackenzie.
Mar 21, 2022 // Residential, Markets & Finance News, Wood Mackenzie, utilities, woodmac, energy transition, SUB-SAHARAN AFRICA, distributed generation
China's JinkoSolar plans to invest USD 3.3bn to build new factories
The principal running unit of solar module maker JinkoSolar Holding Co Ltd (NYSE: JKS) has signed framework deals for two manufacturing cooperations in China that will certainly require a mixed investment of regarding CNY 20.8 billion (USD 3.27 bn/EUR 2.97 bn).
Mar 18, 2022 // Manufacturing News, Markets & Finance News, China, JinkoSolar, Asia
German retailer Netto to spend EUR 100m in solar roofing systems, heat pumps
German retail chain Netto will invest concerning EUR 100 million (USD 110.5 m) to install rooftop solar photovoltaic or pv (PV) systems and heatpump and also replace gas home heating at its stores as well as logistic centres in the residence market in a quote to cut reliance on Russian gas as well as reduce its carbon footprint.
Mar 18, 2022 // Markets & Finance News, Germany, Europe, Netto
CORE celebrates ₤ 31m community owned solar PV refinancing deal
A ₤ 31 million inflation linked debt refinancing has actually been safeguarded from institutional investment abrdn by Community Owned Renewable Energy Partners (CORE).
Mar 18, 2022 // Large-Scale, Residential, Markets & Finance News, UK, Europe, CORE, Peter Jenkins
Neoenergia secures US$ 221m loan from EIB for 715.5 MW of renewable projects in Brazil
Brazilian power utility business Neoenergia has signed a EUR200 million (US$ 221 million) loan from the European Investment Bank (EIB) to fund 715.5 MW of renewable projects in Brazil.
Mar 18, 2022 // Markets & Finance News, South america, Brazil, european investment bank, eib, loan, Neoenergia, project finance, Mario Ruiz-Tagle
Spain's Ence Energia alters name to Magnon Green Energy
Ence Energia, the renewable resource system of Spanish pulp manufacturer as well as energy group Ence - Energia y Celulosa SA (BME: ENC), has actually been relabelled to Magnon Green Energy, the group revealed on Wednesday.
Mar 17, 2022 // Markets & Finance News, Spain, Europe, Ence Energia, Magnon Green Energy
Canada's Switch offering its fifty percent of 75-MW solar partnership in Alberta
Canadian independent power producer (IPP) Switch Power Corporation has consented to market its 50% stake in a vehicle that owns 4 solar PV projects with an integrated capacity of 75 MW (AC) in Alberta, Canada.
Mar 17, 2022 // Markets & Finance News, Canada, IPP, North America, alberta, Switch Power Corporation
Trade body prompts France to triple solar capacity by 2025 via 'em ergency plan'
France should take "radical and also immediate measures" to transform its power system and also rapidly accelerate solar deployment, the country's PV trade association has actually said.
Mar 17, 2022 // Markets & Finance News, France, Europe, policy, permitting, Enerplan, deployment statistics, energy crisis
Andhra Pradesh high court orders utilities to honour PPA agreements in key ruling for Indian renewables
In a substantial ruling for the Indian renewables market, a high court in the state of Andhra Pradesh has ruled that state circulation utilities (Discoms) must pay renewable business the terms they agreed to when they authorized power acquisition agreements (PPAs) within 6 weeks.
Mar 17, 2022 // Markets & Finance News, PPA, India, Asia, Vinay Rustagi, ReNew Power, Andhra Pradesh, Azure Power, judicial rulings, Girishkumar Kadam
Solar Trade Probe Poses Threat to United State Projects, Developers Say
Commerce Department to make a decision by March 25 on investigation
California company alleges Chinese suppliers skirt tariffs
Mar 16, 2022 // Markets & Finance News, USA, China, Asia, North America
International Finance Corporation Will Finance 600MW Solar Power Park in India
The solar power park project will certainly be developed by TUSCO in Uttar Pradesh.
Last year, the IFC had made a crucial financial investment of $126 million in the Federal Band-- a private sector bank-- in India for the development and development climate pleasant projects
Mar 16, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Solar Energy, Asia, international finance corporation, ifc, mnre, Renewable Energy, Solar Park, RE, Uttar Pradesh, TUSCO, Ultra Mega Solar Parks
Voltalia offloads stake in 320MW Brazilian solar
Investment fund STOA has actually purchased a 33% interest in the SSM1 & 2 project in Rio Grande do Norte
Mar 16, 2022 // Plants, Markets & Finance News, Voltalia, South america, Brazil, Sebastien Clerc, Marie-Laure Mazaud
ThomasLloyd Energy Will Get 43% Stake in SolarArise India
The Indian Government has actually accepted the investment and also the bargain will certainly come at a rate of $34.6 million.
ThomasLloyd thinks that it has scope to increase capacity over of 1GW of grid-connected solar in the Indian market.
Mar 16, 2022 // Markets & Finance News, Thomaslloyd, SolarArise, anil nayar, Michael Sieg, Nandita Sahgal Tully
GoodWe Hits 1.5 GW Milestone in India
Inverter major GoodWe, which has been a particularly solid player in the residential and commercial rooftop segment up until recently, when it increased offerings to the utility section also, has actually gone across the 1.5 GW milestone in India.
Mar 16, 2022 // Markets & Finance News, Inverters, India, Asia, GoodWe, Anil Bhat, awnish pandey, darshan kumar jain, India sales milestone, vipin bharadwaj
Renewables growth should be leading priority for policymakers-- RWE CEO
Russia's intrusion of Ukraine implies that ensuring security of energy supply via the expansion of renewables ought to be a priority for policymakers, according to the CEO of German utility RWE.
Mar 16, 2022 // Markets & Finance News, Germany, Australia, Europe, financial results, Oceania, new south wales, policy, rwe, utility, company results, energy crisis
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