Solar Markets & Finance News

On October 20, 2021, the Bankruptcy Court for the District of Utah, Central Division approved the sale of particular properties of Empire Solar Group, consisting of project assets, without existing obligations to Suntuity Solar.

First Solar is actively discovering future capability production areas after recording a surge sought after, both domestically and worldwide, in the middle of supply chain barriers impacting the PV sector.

Leading US solar installer Sunrun witnessed installs shatter with the 200MW barrier in Q3 2021, with the business releasing an expert expectation-beating 219MW.

The government of Alberta, Canada, has introduced that CA$ 25 million (US$ 20.1 million) in financial backing has been offered for solar-plus-storage and also pumped hydro energy storage as part of a CA$ 176 million bundle that will additionally offer funding to oil and gas industry projects.

Aker Horizons ASA (OSE: AKH), the renewables platform controlled by Norway's Aker ASA (OSE: AKER), has actually raised NOK 1 billion (USD 116.7 m/EUR 100.9 m) to strengthen its balance sheet ahead of additional financial investments in wind and solar subsidiary Mainstream Renewable Power Ltd as well as new green worth chains projects.

US grocery store chain The Giant Company has authorized a lasting agreement with power as well as gas seller Constellation to sustain solar energy growth and also secure tidy power for its procedures in the state of Pennsylvania, it was introduced on Thursday.

Novotegra GmbH, a subsidiary of German renewables programmer BayWa r.e. AG, has accepted obtain Swiss mounting systems maker PV Integ AG in a press to broaden its portfolio with mounting systems for green and gravel roofs.

The United Arab Emirates and also Germany have actually authorized an affirmation of intent to create a joint task force that will work to promote collaboration in between the two countries for green hydrogen manufacturing as well as assistance projects in the area.

Harmony Energy has actually elevated gross profits of ₤ 186.5 million with the placement as well as deal for subscription of its Initial Public Offering (IPO).

Energy tech firm AES has reaffirmed its annual development target of between 7-9% through to 2025 and also anticipates to add 5GW of renewables, up from a previous target of 4GW, under lasting agreements this year after carrying out much better than anticipated up until now, according to its Q3 results launched the other day.

LONGi Solar has actually exposed information of its shipment seizures by US authorities, specifying that 40.31 MW of solar elements were restrained at five US ports from 28 October to 3 November.

Greenbacker Renewable Energy Company LLC (GREC) revealed on Wednesday that it has obtained a 19.5-MW DC portfolio of operating solar projects in the US, broadening its footprint in New England as well as scratching its very first purchase in Rhode Island.

Paris-based independent power producer Total Eren has acquired a 73.9-MWp solar PV farm in Cambodia to go into the renewable resource market in the country.

German regional energy provider Mainova AG (FRA: MNV6) has acquired virtually 25% of a 175-MWp solar project which will be constructed following year in the state of Brandenburg.

Photovoltaics (PV) manufacturer Q Cells introduced today it has actually achieved success in an appeal in enforcement proceedings in Germany that was filed by competitors LONGi and also REC after they lost a patent violation case last year.