Solar Markets & Finance News

Solar indulges in brand-new Aussie power record

PV overtakes fossil fuel for very first time in two decades

Aug 25, 2021 // Markets & Finance News, Australia, Oceania, GLOBAL, David Ritter

Eurowind Energy enters United States market

Danish firm has three hybrid projects in California totalling 800MW under advancement

Aug 25, 2021 // Plants, Markets & Finance News, USA, North America, onshore wind, EUROWIND, Jens Rasmussen, Bo Schøler

Clearway takes full control of 530MW US solar

$ 335m bargain for 7 utility-scale farms located in Utah

Aug 25, 2021 // Markets & Finance News, USA, North America, clearway, Christopher Sotos

iSun revenue leaps however Q2 performance affected by supply chain delays

Solar construction company iSun expects to double its profits in 2021 compared to last year in spite of supply chain delays as well as labour lacks impacting its Q2 efficiency.

Aug 25, 2021 // Markets & Finance News, EPC, financial results, mergers and acquisitions, m&a, covid-19, supply chain, company results, iSun, John Sullivan

South Africa obtains 63 solar bids in newest renewables procurement round

South Africa's latest renewables procurement window for 2.6 GW of capability has actually gotten bids from 102 possible project programmers, consisting of 63 solar projects, according to the nation's Department of Mineral Resources as well as Energy (DMRE).

Aug 25, 2021 // Plants, Large-Scale, Markets & Finance News, Policy, tender, auctions, Africa, South Africa, tenders, dmre, Department of Mineral Resources and Energy

DNV bolsters energy consulting company with Antuko acquisition, NV5 obtains Sage Energy Consulting

Energy advising DNV has gotten the consulting arm of Chile-based energy price forecaster Antuko, taking aim at the Latin America and Iberia power markets.

Aug 25, 2021 // Markets & Finance News, USA, Latin america, North America, m&a, dnv, antuko, consulting, NV5, Sage Energy Consulting

China Three Gorges obtains projects completing 411MW from Alcazar Energy

China Three Gorges South Asia Investment has wholly obtained Dubai-based Alcazar Energy Partners' portfolios in Egypt and Jordan, totalling 411MW.

Aug 24, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, China, Asia, middle east, china three gorges, acquisition, alcazar

Australian infrastructure firm Spark to be marketed in US$ 3.72 bn bargain

Australian energy infrastructure financier Spark Infrastructure is to be gotten by a consortium led by US exclusive equity group KKR in an offer worth US$ 3.72 billion, according to a declaring with Australia's Securities Exchange.

Aug 24, 2021 // Markets & Finance News, Australia, Oceania, Spark Infrastructure, KKR, Rick Francis, acquisition

ReNew Power completes business mix and begins trading on the NASDAQ

Indian independent power manufacturer (IPP) ReNew Power has completed its planned company mix with RMG Acquisition Corporation (RMG II) and has today started trading on the NASDAQ.

Aug 24, 2021 // Markets & Finance News, India, IPO, Asia, ReNew Power, Sumant Sinha, nasdaq, SPAC, Robert Mancini

Ortus Energy join Fiera Infrastructure for ₤ 100m C&I solar investment

A new exclusive lasting partnership is to see ₤ 100 million invested into new commercial & industrial (C &) rooftop solar advancements in the UK.

Aug 24, 2021 // Commercial, Residential, Markets & Finance News, Rooftop PV, UK, Europe, Ortus Energy, Alistair Booth

Elgin finds backer for 1.4 GW solar surge

Berenberg Green Energy Junior Debt Fund III to finance 50 separate solar projects throughout Ireland and the UK

Aug 24, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, UK, Europe, Elgin Energy, Ronan Kilduff, REPUBLIC OF IRELAND

German programmer acquires solar rights in Italy

WFW recommended on the deal for 156 hectares of growth land in Sicily

Aug 24, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Italy, Europe, blue elephant, WFW

European solar broke records in June and July yet even more progress needed

Solar PV plants generated 10% of the EU-27's electricity demand throughout June and July this year, new analysis by power thinktank Ember has found.

Aug 23, 2021 // Markets & Finance News, UTILITY-SCALE SOLAR, Spain, Germany, Poland, Hungary, Europe, decarbonisation

New campaign introduced to assist support women signing up with solar workforce

Nextracker and renewable energy technological training carrier Solar Energy International (SEI) are partnering to launch a worldwide scholarship program to support even more ladies in signing up with the solar workforce.

Aug 23, 2021 // Markets & Finance News, Policy, Nextracker, diversity, jobs, equal representation, gender diversity, women in solar, Kristan Kirsh

Tongwei profits almost treble as polysilicon, 210mm cell growth strategies materialize

Tongwei reported a near-trebling of profit in the initial half of 2021 as costs climbed throughout the solar worth chain.

Aug 23, 2021 // Markets & Finance News, Tongwei, polysilicon, PV module

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