Solar Markets & Finance News

The round was led by Breakthrough Energy Ventures (BEV) with participation from existing capitalist BDC Capital's Cleantech Practice (BDC). The business will use the investment to develop its very first operational, commercial-scale plant with the intention of expanding lithium refining capacity in the Western Hemisphere.

The new water-for-energy bargain consists of two conditions that rest upon each other:

SolarPower Europe has actually gotten in touch with the EU to increase its renewable energy target to 45% by 2030, which it claimed would result in an extra 210GW of solar capacity mounted as well as placed the continent on a solid trajectory to get to climate neutrality by 2050.

German energy business RWE is marketing solar EPC and also O&M service provider Belectric to Czech utility CEZ, Germany's government competitors authority has revealed.

Octopus Renewables Infrastructure Trust (ORIT) has actually revealed its intention to perform a placement of as much as 70,000,000 new ordinary shares to elevate around ₤ 73.9 million.

Nasdaq detailed Canadian Solar has expressed concerns of a coming overcapacity in solar supply chains.

To its knowledge, claims the Australian Energy Market Operator (AEMO), South Australia is the initial gigawatt-scale power system in the world to technique zero operational demand due to such high percentages of demand being met by distributed energy resources (DER) such as rooftop solar.

Installations about halfway to annual target by end-October Rising cost of living has actually hit solar supply chain and increased panel costs

Canadian Solar has actually warned of solar cell overcapacity next year, pounding the breaks by itself cell manufacturing expansion strategies while accelerating on its module assembly roadmap.

NextEnergy Solar Fund's (NESF) overall set up capability currently stands at 895MW, with the company remaining to focus on long-lasting corporate power acquisition arrangements (PPAs).

Investor expects to complete a purchase for Apex Energies by the initial quarter of 2022

Maxeon Solar Technologies is overhauling its logistics approach after a shipping "logjam" credited to the module manufacturer missing its Q3 deliveries advice.

Clean energy company Intersect Power LLC said on Thursday it has actually acquired USD 2.6 billion (EUR 2.3 bn) in funding dedications to sustain the construction as well as procedure of a six-project portfolio with 2.2 GW DC of late-stage solar and also 1.4 GWh of storage ability.

Greek commercial group Mytilineos SA (FRA: MYH) on Thursday stated it has reached economic close on a trio of solar farms in New South Wales, Australia with an incorporated capability of 120 MWp.

Solar capitalist and asset supervisor NextEnergy Capital Group (NEC) is claimed to be aiming to sell a portfolio of solar projects in Italy for greater than EUR400 million (US$ 453 million), according to Reuters.