Solar Markets & Finance News

IHS Markit report states growth is underpinned by nationwide targets linked to strengthened decarbonisation

Kajima Europe-LCA JV has very early advancement phase projects in England, Scotland and also Wales

Turkey has actually invited bids for a 1.5 GW solar tender for the 5th auction round of its Yenilenebilir Enerji Kaynak Alanları (YEKA) renewable resource program, the submission of which needs to be done on January 12, 2022.

US renewables production got to an all-time high in the very first half of the year, according to a Sun Day Campaign analysis that drew on brand-new information from the United States Energy Information Agency (EIA), with solar generation increasing by nearly 25%.

Vortex Energy has actually accepted spend more than EUR625 million (US$ 725 million) right into Ignis Energy Holdings with a series of funding injections that intend to develop Ignis into a "fully incorporated eco-friendly IPP" in Spain and elsewhere.

Renewables associations have actually welcomed rule adjustments in the US' largest electrical power market that are anticipated to cause more solar cleaning capability market public auctions while making it easier for states to achieve their tidy energy targets.

Italy's state energy monitoring firm GSE has launched a new renewables tender that is anticipated to allocate 3,312 MW of solar PV and wind capability.

Building of a 49.9 MW solar PV property in South Gloucestershire being developed by Cero Generation and also Enso Energy is to begin, having accomplished economic close.

Five of the solar market's leading module manufacturers have actually released a joint statement caution of an approaching "crisis" regarding module supplies, urging developers to consider postponing projects and requiring higher cooperation in between upstream and also downstream gamers.

Iberdrola has stopped briefly tenders for goods as well as services connected with the building of renewables projects in Spain complying with the introduction of brand-new procedures in the nation that limit the earnings of non-emitting power plants.

The European Investment Bank (EIB) has actually expanded EUR 25 million (USD 29.3 m) in the red to the company behind a project requiring the building and construction of a baseload renewable complex in French Guiana, combining solar, hydrogen, battery storage and also fuel cells.

For AGEL, the 40 MW solar asset in Odisha validates itself on the basis of the price and also PPA with SECI. The company has actually been one of the most active buyers on the market for solar assets that consist of PPA with main endeavors.

Battery Ventures, a technology-focused investment firm, has obtained Goodfellow, a professional vendor of high-grade materials for research and development, prototyping and specialized manufacturing. Terms of the transaction were not disclosed.

Spanish tracker manufacturer Soltec uploaded a sharp rise in its order stockpile in the very first half of the year, but said logistics disruptions will certainly influence its margins in H2.

The Division of Commerce has delayed its choice on opening up an examination into the anti-dumping and countervailing responsibilities circumvention declared by the American Solar Manufacturers Against Chinese Circumvention (A-SMACC), pending an ask for more information from the group. More on this upgrade will certainly follow.