Solar Markets & Finance News

Norwegian power company Statkraft AS wins the bid for Spanish infrastructure builder Elecnor SA's renewables unit Enerfin, valued at EUR 1.8 billion. Strengthening its operations in Spain and Brazil, Statkraft secures a share in 1,734 MW of wind and solar projects.

GE Vernova & Alfanar form JV to develop 334MW of wind & solar projects in Spain; targeting ready-to-build status by 2025 & COD by 2027. Plans to explore battery & energy storage solutions.

Pacific Green Technologies Inc has taken a majority stake in a 500-MW/2,800-MWh portfolio of BESS projects in Italy, with the CEO noting the move as part of their European expansion. Construction of the facilities to start in late 2025, with a 35-year operating lifespan.

EnfraGen LLC acquires 188-MW renewables and grid portfolio in Panama & Costa Rica - a debt refinancing drives accretive balance sheet.

Trina Solar signs 1GW Vertex Module supply deal with Solar Juice in Australia to boost its presence and meet the growing demand for its Vertex S+ modules. Get the latest on the commercial and industrial Vertex N modules for your business.

Foresight Solar Fund Ltd (LON:FSFL) sells 50% stake in 99-MW Lorca solar portfolio, 21% premium to value. Funds will be used to reduce credit facility. 200 MW more divestment underway. Alexander Ohlsson highlights successful acquisition strategy.

Experience the first phase of the 749 MW DC/577 MW AC Fox Squirrel solar project joint venture between Enbridge and EDF Renewables, estimated to create 450 jobs and USD 25 million in taxes. Get ready for clean energy from Ohio by the end of the year.

Experience the solar revolution with JinkoSolar! Get the highest ever shipments of 16.9 GW in Q1 2021 and enjoy the reliable and efficient solar panel lineup globally. Join the 200 GW solar panel family and enjoy the solar revolution!

Armor Group has acquired a 20% stake in HoloSolis, a French solar company that plans to build a 5GW factory. Heraeus Holding GmbH also invested less than a month prior. Be part of the change - HoloSolis and Armor Group are creating 1,700 jobs and a EUR-700-million factory with the capacity to produce 10 million solar panels annually.

University of Michigan project backed by $3 million grant from NSF seeks to improve process of semiconductor materials manufacturing for perovskite solar cells. New cyber manufacturing technology may radically transform manufacturing, while protecting company info and worker interests.

Element Energy just closed a $111 Million Series B investment to deploy its adaptive battery management systems. Co-led by a US clean energy giant & Cohort Ventures, it will use the funds to power 1st & 2nd life batteries, explore EV batteries, & acquire 2+ GWh of lightly-used EVs.

China is on track for an historic decrease in carbon emissions by 2024 due to unprecedented growth in renewable energy production. Learn how this shift is at risk of resistance from coal and local governments in Carbon Brief's new analysis.

Growatt has made a great impact in the Indian solar market with their locally tailored solutions and advanced technology. Learn how their MAX series of inverters are helping investors achieve high yields and stability, plus discover the MID 33-50KTL3-X2 inverter. Reduce emissions and save water with Growatt's inverters and C&I solutions. Explore their progress in the Indian solar market and become part of their success story.

Sembcorp Industries Ltd to acquire 245 MW of renewables capacity, including wind, solar and hydropower, for SGD-218-million. Deals to be completed in 2024 and will help Sembcorp reach its goal of 25 GW of gross installed renewables capacity by 2028.

Soltec Power Holdings SA is setting a new industry standard with its 5.6MW solar photovoltaic plant in Murcia, Spain. Financing is made possible with a EUR 3.6 million loan from Triodos Bank and local community crowdfunding of EUR 550,000. Enjoy the fixed price of EUR 54 per MWh for 12 years, plus a 5% market price variation. Join Soltec in the renewable energy revolution with its ambitious 1,000MW portfolio goal by 2025.