Solar Markets & Finance News

United States residential solar platform raises US$ 375m for business expansion
Clean power industry as well as technology services platform Palmetto has raised US$ 375 million to support its business expansion as it wants to drive uptake of rooftop solar and increase to offer brand-new items.
Feb 28, 2022 // Residential, Markets & Finance News, Rooftop PV, USA, North America, marketplace, software platform, fundraising, palmetto, Chris Kemper
InterGen wins Capacity Market agreement
Result represents landmark for 320MW Gateway BESS project in south-east England
Feb 24, 2022 // Markets & Finance News, Storage, UK, Europe, InterGen, Jim Lightfoot
$1.5 B Solar Desalination Plant Proposed in Egypt, reports Bloomberg
A three-company consortium remains in discussions with Egypt's sovereign riches fund to partner on the project that would certainly comply with a construct, have, run and move system.
Feb 24, 2022 // Plants, Markets & Finance News, Scatec, Asia, Africa, Egypt, Metito Holdings Ltd., Orascom Construction, solar desalination plant, Water Needs
China anticipated to add up to 99GW of solar PV yearly with 2025, Europe currently its biggest export market
China is anticipated to include 83-- 99GW of PV capacity each year from 2022 to 2025, while Europe is currently its biggest export market for solar products, according to a China Photovoltaic Industry Association (CPIA) report on the expectation for the PV industry over the next few years.
Feb 24, 2022 // Manufacturing News, Markets & Finance News, China, CPIA, polysilicon, Asia, wafers, modules, European Union, distributed solar, cells, export, deployment stats
EDP Renewables introduces US$ 7.4 bn APAC investment plan after shutting Sunseap offer
EDP Renewables (EDPR) intends to invest S$ 10 billion (US$ 7.39 billion) in renewables in the Asia Pacific (APAC) area by 2030 after shutting its S$ 1.1 billion (US$ 813 million) procurement of Singaporean designer Sunseap.
Feb 24, 2022 // Markets & Finance News, Floating PV, EDP, floating PV, Asia, EDP Renewables, Singapore, apac, Sunseap, Asia Pacific, acquisition
Lightsource bp expanding into Asian solar markets as 25GW strategies development
Lightsource bp is looking at solar chances throughout Asian markets as it progresses towards its target of releasing 25GW of solar PV by 2025.
Feb 24, 2022 // Markets & Finance News, Lightsource BP, Asia, Nick Boyle
China Researcher Sees Wind and also Solar Easily Beating Xi's Goal
A researcher for China's top economic preparation body expects the nation's wind as well as solar enhancements to easily outpace Xi Jinping's clean energy goals.
Feb 23, 2022 // Markets & Finance News, China, Asia, xi jinping, Shi Jingli
China's Solar energy Growth to Soar in 2022 on Project Pipeline
Industry team sees installments between 75-90 gigawatts Huge desert setups as well as rooftop solar driving development
Feb 23, 2022 // Markets & Finance News, Rooftop PV, China, Asia, Wang Bohua
Thailand's CK Power prepares 2.8 GW of fresh renewables by 2024
Thai power producer and also representative CK Power PCL (BKK: CKP) plans to more than dual in size over the following three years by including some 2.8 GW of eco-friendly power producing capacity.
Feb 23, 2022 // Markets & Finance News, Thailand, Asia, CK Power, Thanawat Trivisvavet
Virescent to get India's Godawari Green Energy
Virescent Renewable Energy Trust (VRET), an Indian renewable energy platform backed by global investment company KKR & Co Inc (NYSE: KKR), has accepted get a green energy subsidiary of compatriot Godawari Power as well as Ispat Ltd (BOM: 532734).
Feb 23, 2022 // Markets & Finance News, India, Asia, Virescent Renewable Energy Trust, VRET, Godawari Green Energy
Biden wishes to cut into China's electric battery dominance
Head of state Joe Biden highlighted his initiatives to counter China's dominance of the electric battery market on Tuesday as he proclaimed domestic efforts to mine and also process lithium and rare-earth element required to produce the technology that powers cars, electronic devices, wind turbines as well as more.
Feb 23, 2022 // Markets & Finance News, Storage, Policy, USA, China, Asia, North America, Joe Biden, Jim Litinsky, Silvia Paz
Macquarie refinances 365MW UK PV portfolio
The collection of 24 plants is owned by Vantage Solar
Feb 23, 2022 // Markets & Finance News, UK, Europe, Tom van Rijsewijk, PV Power Plant, Macquarie Asset Management, Vantage Solar UK, Vian Davys
Azure Power refinances its 600 MW solar project
This rates of interest of 7.2% is dealt with for 42 months as well as it's the most affordable in terms of rupee financing for Azure Power's existing portfolio until now. It has been learnt that for this refinancing facility, L&T Finance Limited has actually served as the sole expert.
Feb 23, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, India, SECI, Asia, Azure Power, L&T, renewable power, Eccopia
Inovateus Solar gets capital investment to expand its solar development and EPC solutions
PV project developer and design, purchase as well as building and construction (EPC) firm Inovateus Solar has gotten a "significant" investment from Galway Sustainable Capital to enhance its operations.
Feb 23, 2022 // Markets & Finance News, USA, EPC, North America, project financing, Inovateus Solar, galway sustainable capital
Solar marketplace Otovo increases $34m to fund entrance into six European markets
Norwegian start-up Otovo has actually protected NOK300 million (US$ 33.7 million) through an exclusive placement to sustain the growth of its solar marketplace right into six brand-new European countries.
Feb 22, 2022 // Residential, Markets & Finance News, Storage, Portugal, UK, Europe, Austria, Otovo