Solar Markets & Finance News

German municipal utility TEAG Thueringer Energie AG has actually gotten 50.1% of neighborhood solar programmer Innosun GmbH in a bid to broaden its solar portfolio.

Worldwide investment in renewables rose to new heights in 2021 as solar and wind implementation rose, but overall energy transition expenditure requires to triple in the coming years to jump on track for web zero.

Indian independent power producer (IPP) ReNew Power has actually marketed its 117MW roof solar portfolio as part of a strategy to enhance its focus on utility-scale PV.

Greek commercial team Mytilineos said its renewables and also storage space device continues with "full speed" to invest in solar and battery power storage space systems around the world complying with a 2021 that saw the business increase its PV design, purchase and also building (EPC) procedures.

The US House of Representatives today introduced the America COMPETES Act of 2022 that looks for to bolster the nation's supply chain as well as competition, and also includes USD 3 billion (EUR 2.7 bn) for solar production.

NextEnergy Group has actually authorized a corporate power acquisition agreement (PPA) with worldwide law practice DLA Piper for a 13MW solar property.

Wood Mackenzie has actually made its predictions for the Chinese power market in 2022 as well as stated the country could set up nearly 120GW of solar and wind power generation capacity.

Tesla's solar installments jumped 68% in 2021 to 345MW despite a mild dip furthermore year-on-year during the fourth quarter.

Global investment in the energy transition completed $755 billion in 2021-- a brand-new record-- off the rear of climbing environment ambition as well as policy action from nations worldwide, according to Energy Transition Investment Trends 2022, a brand-new report released by research study firm BloombergNEF (BNEF).

Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN), the renewables arm of Canada's Brookfield Asset Management (NYSE: BAM), has gotten United States solar-plus-storage designer Urban Grid for USD 650 million (EUR 576.4 m), hence boosting threefold to 31 GW its pipeline of US projects.

Sun Exchange completed its initial project outside South Africa Firm sells solar cells, which are after that rented to projects

Photosol and Aedes Energies to develop projects in Nouvelle Aquitaine and Occitanie regions

Projects bought for EUR400m+ from Progressum Energy Growth

Clean energy has actually had a great pandemic. Global wind and solar implementations struck brand-new documents in 2020 and also 2021, as did electric vehicle sales, and COP26 in Glasgow brought progression on a number of crucial fronts. Government net-zero targets currently cover or are readied to cover 90% of global discharges.

Husk Power Systems, a clean energy firm that has actually been at the forefront of fueling rural electrification since 2008, is intending to introduce 500 solar mini-grids in Nigeria over the following 5 years.