Solar Markets & Finance News

Masdar Boosts US Presence with Terra-Gen Stake Acquisition

Masdar's latest move: acquiring 50% stake in US renewable energy producer Terra-Gen, a key step in its goal of 100GW capacity by 2030.

Mar 20, 2024 // Markets & Finance News, USA, Masdar, North America

Statkraft's EUR 1bn Green Bonds Oversubscribed Success

Statkraft AS issues EUR 1 billion green bond with attractive fixed coupons, oversubscribed by 200+ investors. A-rated by S&P and A- by Fitch.

Mar 20, 2024 // Markets & Finance News, Statkraft

Wickes Dives into Solar Market with Solar Fast Investment

Wickes Group plc expands into home energy market with acquisition of Solar Fast, a leading solar installer in the UK.

Mar 19, 2024 // Markets & Finance News, UK, Europe, Wickes

Austria's EUR 150m Boost for Renewable Investments in 2024

Austria's EUR 150 million investment grants in 2024 will boost renewable energy, with a focus on solar systems. Join the green energy revolution now!

Mar 19, 2024 // Markets & Finance News, Europe, Austria

AI Sparks 81% Growth in US Power Demand

NextEra Energy Inc. predicts an 81% surge in electricity demand, driven by AI, electrification, and chip factories, leading to a tripling of renewable generation.

Mar 19, 2024 // Markets & Finance News, USA, North America, NextEra Energy

Longi's Solar Job Cuts Signal Industry Turbulence

Longi Green Energy Technology Co. faces tough decisions in the competitive solar industry, cutting staff to stay afloat. Despite challenges, a rebound is possible by 2024.

Mar 19, 2024 // Markets & Finance News, LONGi

Solarpack's Garcia Perez to Lead LatAm Expansion

Solarpack appoints Jose Luis Garcia Perez as CEO of Latin America unit to strengthen regional presence and accelerate growth, leveraging his extensive renewables industry experience.

Mar 15, 2024 // Markets & Finance News, Spain, Europe, Solarpack, Garcia Perez

China's Solar Firms Hope for Relief Amid Power Curbs

China's solar industry sees hope as government may lift power curbs, boosting installations and clean energy growth. Policy changes could drive solar panel installations to new heights.

Mar 13, 2024 // Markets & Finance News, China, Asia

Portugal's EUR 350m Aid Boosts Renewable Equipment Production

Portugal's EUR 350 million state aid scheme for renewable energy equipment approved by the European Commission, accelerating the country's transition to a net-zero economy.

Mar 13, 2024 // Markets & Finance News, Portugal, Europe

US Solar Factories Face ‘Rude Awakening’ Amid Price Plunge

US solar factories face uncertain future as cheap imports drive prices down, risking factory cancellations despite federal subsidies. Can Biden's clean energy push overcome global competition?

Mar 12, 2024 // Markets & Finance News, USA, North America

China Solar Stocks Soar on Installation Curbs Easing

Chinese solar stocks soar as government hints at easing renewable installation caps. Analysts predict a brighter outlook for the sector with potential curtailment rate increase.

Mar 11, 2024 // Markets & Finance News, China, Asia

Longi Green Energy Urges Beijing to Regulate Solar Prices

Longi Green Energy urges Beijing to regulate solar prices, prioritize quality over cost. Chairman Zhong Baoshen calls for new bidding rules to support industry innovation.

Mar 4, 2024 // Markets & Finance News, China, Asia, longi green energy

J-Power's AUD 381m Bid Sends Genex Shares Soaring

Genex Power Ltd receives AUD 381 million takeover proposal from J-Power, causing shares to surge by 32.4% in Sydney. J-Power offers a 65% premium for remaining shares.

Mar 4, 2024 // Markets & Finance News, J-Power, Genex Power Ltd

SolarMax Shines Bright in Wall Street Debut

SolarMax Technology shines on Wall Street with successful IPO, doubling share price to $8 and raising $18 million in gross proceeds. Founded in 2008, the company specializes in solar and LED systems for residential, commercial, and government clients.

Feb 28, 2024 // Markets & Finance News, wall street, SolarMax

US Solar Importers Face Scrutiny Amid China Labor Crackdown

Department of Homeland Security ramps up scrutiny on solar companies, targeting Chinese forced labor. Are you prepared to prove your supply chain's integrity?

Feb 27, 2024 // Markets & Finance News, USA, China, Asia, North America

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