Solar Markets & Finance News

US-headquartered solar tracker manufacturer FTC Solar said it was "on the cusp of profitability" after its revenue for Q4 2021 came in above the luxury of its recently downgraded support. It likewise revealed it had actually entered a contract to acquire Chinese tracker company HX Tracker.

French renewable power manufacturer Voltalia SA (EPA: VLTSA) has offloaded a 33% equity stake in the 320-MW Solar Serra do Mel 1 & 2 (SSM1 & 2) photovoltaic (PV) project in Brazil to mutual fund STOA.

Singapore-based solar cell as well as panel manufacturer Maxeon Solar Technologies Ltd (NASDAQ: MAXN) has actually gotten a contract for the supply of approximately 315 MW of solar (PV) modules to US solar energy producer Cypress Creek Renewables.

ThomasLloyd Energy Impact Trust Plc (LON: TLEI) has actually received clearance from the Indian government to get a 43% stake in SolarArise India Projects Pvt Ltd for USD 34.6 million (EUR 31.5 m).

Renewables can get to a share of 65% in global primary energy by 2050 under the greenest scenario in BP plc's (LON: BP) Energy Outlook 2022.

Spanish power controls clothing will supply its PV 3X series for the Mica Creek solar project in Queensland

The Volgelsheim PV plant in the Haut-Rhin area will certainly be commissioned in August 2022

Enphase Energy introduced the acquisition of SolarLeadFactory LLC. Founded in 2012, the business provides high-quality leads to solar installers. SolarLeadFactory has signed up with Enphase with the objective of substantially increasing lead volumes as well as conversion rates to aid drive down the customer acquisition expenses for installers.

Spanish developer Solarpack has launched a new business line with its click & go brand that enables customers to protect clean power straight from Solarpack's solar assets under a remote self-consumption model.

Set up roof solar capacity internationally is on track to raise 61% in between 2021 as well as 2025 as policy support urges deployment and also homeowners want to minimize high electricity prices.

Spanish oil and also gas major Repsol and telecoms firm Telefonica have developed a joint venture (JV) to give solar installs and also energy services across various target audience in Spain.

Spanish solar energy developer Solarpack, part of Swedish investment firm EQT AB (STO: EQT), revealed on Monday that it has introduced a brand-new business line to market solar power to consumers that do not have the problems to install panels but still intend to benefit from self-consumption.

Sweden's solar outcome is set to triple over the next two years to 3TWh and also, with electricity manufacturing from both wind as well as solar expected to increase, the Scandinavian country is set to export roughly 41TWh by 2024.

The California based start-up want to decarbonize industrial procedures by employing baron based thermal batteries that save warmth from solar and wind resources of energy and also use a choice to the natural gas boilers employed by hefty markets. Antora Energy revealed that it has increased $50 million in a financing round.

Sun Cable has actually closed a AU$ 210 million (US$ 152 million) Series B raise with their existing shareholders to fund the development of its Australia-Asia PowerLink (AAPowerLink) subsea cable project.