Solar Markets & Finance News

New york city authorities have finalised contracts for an US$ 11 billion infrastructure project consisting of 1.8 GW of solar and also 2GW of wind capacity that would certainly supply energy from upstate to New york city City.

Tianjin Zhonghuan Semiconductor (TZS) has become the most recent solar wafer maker to cut prices, while likewise launching a new 218.2mm-size wafer.

Canadian solar and also energy storage space designer Westbridge Energy Corporation (CVE: WEB) has purchased a 75% stake in the developer of a 236-MW DC solar project with a 100-MW battery component in Alberta, Canada.

Fundraising will sustain build out of business's 4.6 GW solar portfolio as well as 2GWh battery portfolio

The business will certainly interact to create as well as deploy Malta's 10-150+ hour energy storage innovation in a variety of grid-scale applications. The team will concentrate on near-term activities to jointly create a portfolio of long-duration energy storage projects.

The battery is claimed to keep energy at about fifty percent of the expense of keeping with comparable sized lithium-ion batteries. Unlike lithium-ion batteries that experience considerable performance degradation during their 7-10 year layout life, the CO2 Battery keeps its efficiency throughout its expected 25 year functional life, claims the company.

Significant US bank Wells Fargo has actually shut its maiden tax equity financial investment right into a colocated solar-storage project currently incomplete in New Mexico, United States.

Renewables developer BayWa r.e. has actually acquired Beacon Solar, the solar distribution division of Beacon, as well as will want to "cross-sell" solar and roof covering items in the near future as it remains to expand across the United States.

'Solar Module Super League' member JinkoSolar has actually authorized a 2GW module supply deal with Brazilian PV supplier Aldo Solar.

2020 was the initial year in which sustainable wind, solar, hydropower, as well as biomass as well as waste power supplied the entirety of growth in global power generation

Global solar PV deployment gets on track to grow by 17% this year despite surging commodity prices raising production costs, according to the International Energy Agency (IEA).

Sunnynook Solar Energy is developing 236MWdc solar and 100MW battery system

Investment manager NextEnergy Capital (NEC) has actually introduced a ₤ 500 million subsidy-free solar fund, with up to ₤ 250 million to find from the UK Infrastructure Bank (UKIB).

Koch Engineered Solutions (KES), a unit of Koch Industries, has obtained utility-scale solar EPC and O&M service provider DEPCOM Power.

The European Commission (EC) has actually accepted the extension of Poland's auction system for renewable energies that is forecasted to support the development of 9GW of renewables after it passed EU state aid rules.