Solar Markets & Finance News

Discover the future of clean energy in the US, from solar and offshore wind to energy storage, with the Inflation Reduction Act (IRA) extension and tax credits. BloombergNEF forecasts 619 GW of new energy by 2030. Explore the findings and the potential impact of federal reforms.

Climate tech investments jumped 224% in Sweden and surged to $16.6 billion worldwide in Q3 2023. China led the way with $4.5 billion, followed by low-carbon energy and transport. 34 new venture capital and private equity funds are expected to inject $8.2 billion.

Adani Green Energy is in talks to borrow up to $1.8 billion from major lenders including Barclays, BNP Paribas and Deutsche Bank. Be one of the first to hear the outcome of the historic loan deal, and what it means for the future of energy projects.

Mytilineos SA wins tender to build EPC works for 490-MW solar project in Greece & UK. Mytilineos to construct 18 to 135 MWp projects in Greece, 373-MW project in UK with completion in 2021. Unlock new renewable energy potential with Mytilineos.

Brazil's Sudene loan helps move the country closer to its goal of using renewable sources. With this loan, Lightsource bp will finance a 210-MW solar project to generate 460,000 MWh of energy yearly - enough to power 212,000 homes.

SunPower Corp reports a wider-than-expected Q3 loss, sending shares tumbling 12%. CEO Peter Faricy cites "stormy seas" and higher interest rates as the cause. Learn how this affects the company's outlook for the year and customer projections.

Iraq is tapping into solar power to resolve chronic electricity shortages and access clean energy. With over 70 buildings solarized since 2020, Iraq is leading the way in renewable energy and offering $750 million in zero-interest loans to further its cause.

Helleniq Energy has acquired a 26 MW solar portfolio in Cyprus, with 43 GWh of electricity per year to be commissioned in 2024. This is a big step towards their 1 GW renewable energy goal by 2025 and 2 GW by 2030. Now owning 40MW in Cyprus and 180 MW elsewhere, Helleniq Energy is positioning itself as a major renewable energy provider.

Amarenco is raising EUR 8 million to build a 610-MWp solar park portfolio in France - 1,337 PV projects from 35 kWp to 30 MWp, completed by 2029 and producing 758 GWh annually. Invest in clean energy with Amarenco's crowdfunding campaign!

Hive Energy takes its first step in Greece with the sale of four 267MW solar projects to Juwi Hellas. These solar parks are expected to provide enough energy to power 100,000 homes, with construction set to begin in 2021. This marks Juwi Hellas' 61st solar project in Greece with a total capacity of over 300MW.

The International Solar Alliance (ISA) and partners announce a $35 million capital contribution to the Global Solar Facility (GSF), designed to stimulate solar investments in underserved regions. India and Bloomberg Philanthropies to invest $25 and $10 million respectively. GSF anticipates $10 billion investments to benefit 200 million by 2030.

Engie India and Waaree Energies partner to build 200 MW PV project in Gujarat village. Waaree to supply AHNAY 545-Wp bifacial modules for 25 year power supply to GUVNL. Waaree, the largest solar module maker in India, to start delivery in November & launch IPO of up to USD-350 million.

Opdenergy Holding SA has signed a 12-year PPA for Alcones solar farm in Chile. Generating 1.68 TWh of solar energy annually, this 108-MW project will bring the company's total capacity to 300 MW and help create a greener future.

Chile has it's first utility-scale battery storage facility with Innergex's 50MW/250MWh Salvador battery facility. With daytime energy storage & peak pricing, it will benefit from capacity payments & generate US$8.2m (CAN$11.4m) in its first full yr. Financed via green bonds in 2022.

Aspen Power completes Construction of 14 Solar Projects in Georgia--49.4 MW DC added to Georgia's energy portfolio. Inman Solar's engineering, procurement and construction services help provide long-term power purchase agreements to Georgia Power, adding to Aspen Power's total of 43 facilities and 140 MW DC.