Solar Markets & Finance News

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.

Polish solar designer R.Power hurts for PV modules, frameworks and various other components worth nearly EUR200 million (US$ 231 million) as it looks for to develop its solar pipeline in Poland.

Battery energy storage space company Harmony Energy Income Trust (Harmony) has revealed its intent to embark on a going public (IPO), to fund the development of 213.5 MW of projects using Tesla's battery storage space technology.

The carmaker's $11.4 billion prepared investment in electric vehicle and also battery plants in Tennessee and Kentucky is forcing neighborhood authorities to examine just how the state will certainly complete.

CCE Solar Invest secures loan from Kommunalkredit Austria for 14 projects in Lazio, Tuscany and Apulia

Australia's Fortescue Future Industries (FFI) has taken a 60% risk in Dutch firm High yield Energy Technologies (HyET) Group to help in its aspiration to supply 15 million tonnes of green hydrogen worldwide by 2030.

The US requires to deploy a minimum of 103GW of distributed solar as well as 137GW of dispersed energy storage by 2030 to achieve President Biden's climate objectives at the most affordable cost, according to a new report by Local Solar for All, a union of regional solar advocates.