Solar Markets & Finance News

Signed contracts with asset proprietors confirm firm's 'greatest technical proficiency', states president

Solar wafer manufacturer NexWafe has finished its Series C financial investment round, with proceeds earmarked for product and also innovation growth on prototype lines in Germany.

A consortium led by exclusive equity giant BlackRock Real Assets has gotten a 10.53% stake in Tata Power Renewables with a INR4,000 crore (US$ 525 million) financial investment.

Solar as well as energy storage space projects worth gigawatts of generation as well as storage space capacity have actually born down Indonesia's Riau Islands, with Singapore aligned to procure the electricity generated.

Nestle has set up greater than 2,500 solar panels on the carport structure of its Dubai manufacturing facility. The project will reduce the carbon emission by one million kilogrammes each year and also assist in recognizing the target of Nestle to come to be net-zero emitter by 2050.

GRIDCO will certainly obtain 200 MW of solar energy on a price of Rs 2.50 Kwh The procurement period begins with the financial year 2024-25 for 25 years.

Rising installations of solar and wind power imply efforts to move workers from coal mines to renewable energy are speeding up.

Pivot will certainly build, have, and also operate the 40 dispersed generation solar plants in six different states.

Bangladesh-based Paramount Textile Ltd (PTL) will invest in a 100-MW solar project in Bangladesh by purchasing a 49% risk in Dynamic Sun Energy Private Ltd

Developer aims to produce as much as 1GW of opportunities in the Central Asian nation

The US$ 165.5 m deal marks the energy supplier's entryway into the PV industry.

Japanese ceramics firm NGK Insulators Ltd (TYO:5333) introduced recently that it has actually invested in EneCoat Technologies Co Ltd, a designer of perovskite solar cells that was dilated from Kyoto University in very early 2018.

Malaysian electrical as well as mechanical engineering business Kejuruteraan Asastera Bhd (KLSE: KAB) has actually authorized a 21-year power purchase agreement (PPA) to provide regarding 2 MW of solar to local hypermarket as well as retail group Mydin Mohamed Holdings Berhad.

The solar park will certainly sell power to the Bangladesh Power Development Board at a price of $0.1195/ kWh under a 20-year power purchase agreement.

Solar software company Raptor Maps has closed a US$ 22 million Series B increase that will be made use of to more create its Raptor Solar software platform, created to allow utility-scale as well as commercial as well as industrial (C&I) solar companies to make better use their data.