Solar Markets & Finance News

LONGi has increased its wafer rates for the very first time in almost two months with the market supported for continued high prices throughout the remainder of the year.

UK-based programmer PASH Global has secured the needed financing for a USD-26-million (EUR 22.3 m) project in Puerto Rico that asks for photovoltaic panels to be set up in addition to pick gasoline station owned by oil provider Puma Energy.

Renewables financier Hudson Sustainable Group LLC said on Thursday it has actually closed a JPY-1.4-billion (USD 12.8 m/EUR 10.9 m) mezzanine car loan facility with Mitsubishi HC Capital Inc (TYO:8593).

United States independent power producer Soltage LLC as well as financial investment manager Harrison Street have collectively purchased a 20-MW solar portfolio across the states of North Carolina, South Carolina and also Maine.

The sales practices of the Community Energy Scheme UK are being brought into question with the opening of an investigation by energy regulator Ofgem.

Personal equity funds managed by Blackstone Energy Partners have actually committed to put USD 350 million (EUR 299.6 m) into United States solar tracker maker Array Technologies Inc (NASDAQ: ARRY), with the option to spend a lot more.

South African utility Eskom Holdings SOC will close down roughly 30% of its existing coal-fired power generation ability over the following years and repurpose some of the websites for solar energy production.

The Austrian government has actually offered even more EUR 20 million (USD 23.5 m) to the Climate and Energy Fund to sustain the installation of solar PV systems of up to 50 kW against the backdrop of strong demand, the Federal Association of Photovoltaics in Austria stated.

Japan's Orix Bank Corp has actually prolonged JPY 3.1 billion (USD 28.2 m/EUR 24.2 m) in green financial obligation for the construction of a 45-MW solar park in Niigata prefecture recommended by residential designer Renewable Japan Co Ltd

As lots of as 16 solar-plus-storage projects with an incorporated capacity of 155.6 MW won the technology tender in Germany with a quote due date of August 1, the Federal Network Agency stated on Wednesday.

Significant polysilicon producer Daqo New Energy has actually unveiled plans to increase its annual production ability to 270,000 metric heaps (MT) by 2024 while also plotting a course for prominence of the n-type polysilicon market.

Meyer Burger is sold out of its heterojunction solar modules till the fourth quarter of 2021 as the firm remains to be influenced by production ramp-up delays.

A new United States renewable resource firm, called Arevon Energy Inc, has actually been developed by incorporating the US Clean Energy Infrastructure group of Switzerland-based personal asset management firm Capital Dynamics and Arevon Asset Management, Capital Dynamics' former special energy asset management associate, it was introduced today.

BlackRock Real Assets introduced today it has accepted buy an equity risk in Korean solar designer Brite Energy Partners (BEP), with strategies to supply it with more than USD 100 million (EUR 85.3 m) in resources in time.

National Renewable Solutions has a growth pipe of greater than 3.5 GW.