Solar Markets & Finance News

Greater than 260 companies in the US clean energy sector are demanding urgent action on the US$ 1.75 trillion Build Back Better (BBB) Act, claiming that US$ 2 billion is being shed in financial activity monthly the long-awaited expense is delayed.

Major polysilicon and wafer manufacturer GCL-Poly Energy Holdings verified the completion of its granular silicon facility as well as, in a significant turnaround of its lot of money in 2020, is expecting RMB5.4 billion (US$ 850 million) in net profit for 2021, according to a business statement.

Polysilicon producer Daqo New Energy is expecting a five-fold rise in internet profit from its Xinjiang subsidiary as it remains to progress growth plans.

Renewables designer as well as driver Leeward Renewable Energy has actually signed power acquisition agreements (PPAs) with telecom company Verizon for a portfolio of four under-development solar and also wind plants in the US with an incorporated capacity of 640MW.

The average price of forecasting errors in the US is less than previously assumed at less than US$ 1/MWh, according to a research by Berkeley Lab that utilized a new, openly available approach to check out the method.

In 2021, greater than $1.6 trillion in sustainable financial debt tools were provided, setting a new record and also bringing the total market to over $4 trillion.

Alpha Real Capital has actually purchased 17 projects via its purchase of Innova Energy

Japanese player and partners issue green bond for Abu Dhabi PV giant

The trend will be sustained via strong demand, favourable policies, most likely enhancement in power efficiency, and also price competitiveness, claims CRISIL. Besides, with the federal government supporting domestic manufacturers with policy measures, their competitiveness relative to the Chinese is anticipated to boost.

We check out why Sodium Ion is viewed as a crucial alternative in the search for choices past Lithium Ion batteries for Reliance. The Indian major has constantly wanted to disrupt with price as well as scale, as well as Lithium ion was recently permitting it that luxury with its supply chain.

Massachusetts, United States based Solid State Battery maker Factorial Energy has raised $200 million as part of a Series D round of funding, led by Mercedes-Benz and also Stellantis.

Toronto-based renewables designer Amp Energy has closed on a US$ 350 million credit facility to bear down a worldwide profile of renewables and also battery energy storage assets.

India goes to risk of a supply and also demand mismatch for solar equipment if residential PV manufacturers are not able to meet the amount and also quality called for by project programmers, Fitch Solutions has actually warned.

The European Commission has actually introduced a public consultation on solar power on the continent as it continues preparations to publish its solar strategy later this year.

US solar installer SunPower is to be struck by a splitting issue uncovered in connectors associated with equipment mounted in some business as well as commercial (C&I) projects, causing costs of around US$ 31 million.