Solar Markets & Finance News

Total company funding in solar boosted 190% in the initial nine months of this year, with US$ 22.8 billion raised in 112 bargains compared to US$ 7.9 billion in 72 handle the exact same duration last year, according to a Mercom Capital Group report.

JinkoSolar has actually laid claim to a new n-type monocrystalline silicon solar cell conversion efficiency record, taking that efficiency rating to 25.4%.

Europe's the majority of competitive eco-friendly power purchase arrangement (PPA) uses climbed 8% quarter-on-quarter as Europe's worsening energy crisis attacks, according to United States firm LevelTen Energy's Q3 2021 PPA Price Index report.

Independent power manufacturer Silicon Ranch Corporation, the US solar platform of Royal Dutch Shell Plc (AMS: RDSA), introduced today it has taken control of Clearloop, a Nashville-based service that helps various other services take on solar power.

Spanish pulp producer as well as power group Ence Energia y Celulosa SA (BME: ENC) is marketing a portfolio of 373 MW of solar PV projects in Spain.

6 community utilities in southern Germany have consented to form a joint venture called Oekostrom Franken GmbH & Co. KG that will generate electricity from solar energy as well as market it not under the EEG-system yet via power acquisition arrangements (PPAs).

Roaring Hill battery system has been obtained by TagEnergy

Sunergy California LLC, the firm manufacturing CSUN photovoltaic panels in a 400-MW manufacturing facility outside Sacramento, filed for bankruptcy earlier this year and is currently in the process of liquidating its properties.

Reliance New Energy Solar (RNES) has invested US$ 29 million in German wafer modern technology business NexWafe's Series C funding round as it looks to develop wafer production facilities in India.

Japanese oil and also metals large Eneos has actually gotten Japan Renewable Energy Corporation (JRE) as it seeks to strengthen its lasting portfolio and target renewables growth.

United States utility-scale renewables designer Urban Grid revealed today it has safeguarded USD 275 million (EUR 238m) of flexible capital after expanding and also extending its existing collaboration with exclusive debt manager Crayhill Capital Management.

United States Department of Energy (DOE) secretary Jennifer Granholm has revealed a brand-new National Community Solar Partnership (NCSP) target to have community solar projects supply 26GW of power and also develop US$ 1 billion in bill cost savings by 2025.

Building and construction of the Gemstone solar project in Cass County is expected to start in springtime of 2023

A joint venture of CCE Group and Enernovum called CCE Solar Invest has safeguarded finance for a portfolio of 14 solar farms completing 600MW in Italy. The three-year car loan from Kommunalkredit Austria is for projects in the Lazio, Tuscany and also Apulia areas.

The continuous increase in module prices, driven by greater input prices, remains to add to the threats for big solar projects. International markets from the United States to Europe to India will certainly feel the impact of these higher expenses, coming as they do at a time of climbing power expenses from fossil fuels also.