Solar Markets & Finance News

ScottishPower, owned by Spanish energy company Iberdrola, has authorized 2 offers to get 17 solar photovoltaic or pv (PV) projects in Britain, with an incorporated capacity of more than 800 megawatts (MW), the firm stated on Friday.

Spanish energy business Iberdrola has actually bet huge on the UK market with the procurement on 17 solar PV projects from Elgin Energy and Lightsource bp, taking the company's share of UK solar from 2% to 9% and making it one of the greatest gamers in the marketplace.

Oman has actually authorized an arrangement with energy major bp that will support the prospective advancement of several gigawatts of renewables and green hydrogen in the Middle Eastern nation by 2030.

The United States Bureau of Land Management (BLM) has given the green light to the 500-MW Oberon solar project to be set up on public lands in the desert region of California's Riverside County.

Austrian energy firm Wien Energie GmbH intends to install 28 MW of solar capacity in its house market this year in a bid to increase its renewables development as well as reach 600 MW of solar by the end of the decade.

Eurazeo states investment will assist Ikaros Solar end up being a European independent power producer

Two deals authorized with Elgin Energy for 12 projects and Lightsource BP for five centers

The energy solutions offering arm of Q CELLS North America is partnering with growth business Kendall Sustainable Infrastructure (KSI) to co-develop and also fund solar and also storage projects.

Reliance Industries has actually authorized a Memorandum of Understanding (MoU) with the government of Gujarat for a total investment of INR5.955 lakh crore (US$ 80 billion) over 10-15 years to establish 100GW of renewables and also set up green technology production centers in the state.

Lightsource bp has actually closed on a US$ 533 million funding package for the development of 480MW of solar PV across the US as the business continues to expand its operations in the nation.

Renewable power purchase agreement (PPA) prices in Europe remain to climb up, rising 7.8% quarter-on-quarter in response to the continent's growing energy crisis, according to brand-new research from LevelTen Energy, a provider of renewable transaction infrastructure.

Encapsulant provider Changzhou Better Film is to invest RMB800 million (US$ 125 million) right into establishing 20GW of ethylene vinyl acetate (EVA) production in the Chinese city of Chuzhou.

SMA Solar has cut its revenues forecast for the year by majority pending an agreement problem affecting its operations as well as upkeep service.

Solar Konzept Greece is the proprietor of a 800MW portfolio of projects at numerous stages of growth

Launched as an autonomous investment platform, RenewShare caters to investors thinking about diversifying their existing portfolio while belonging of the fast-growing RE landscape in India. The platform has actually already enlisted a Special Purpose Vehicle (SPV) with assets worth Rs 7 crore and an early investment commitment of Rs 10 crore from investors.