Solar Markets & Finance News

The New Jersey Board of Public Utilities (NJBPU) has introduced formal strategies to replace its existing solar assistance structure with a new incentive programme which will support up to 3.75 GW of brand-new solar over the next five years.

Enphase Energy delivered less microinverters in Q2 2021 than in the preceding quarter as supply restrictions continued to attack, yet the maker still managed to enhance earnings sequentially.

German asset manager Aquila Capital has signed numerous power purchase contracts (PPAs) with energy trader Axpo Iberia SL for the outcome of a 25-MW solar bundle in Portugal.

Standard Solar Inc announced on Tuesday that it has actually obtained 35 MW of net energy billing (NEB) solar (PV) projects in the state of Maine.

These battery business are likely to be victors as need for EVs stays durable

Swiss-based Meyer Burger Technology Ltd intends to create Meyer Burger Trading Co. in Shanghai right into a "proficiency facility up for sale and solutions" for the measurement technology items of Meyer Burger subsidiary Pasan in the Asian market.

Rajasthan Solar Organization (RSA) as well as Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH have actually authorized a contract for skill development in the solar section, according to media reports.

John Cockerill, a Belgium-based design company, has exposed that it will provide molten salt solar thermal receivers to Redstone's 100 MW Concentrated Solar Energy Plant (CSP) in the North Cape Province of South Africa.

Netherlands-based GOGLA has carried out a study of 33 solar equipment manufacturers, mainly SHS Kit suppliers, to comprehend the impact of disruptions brought on by materials shortages as well as increased delivery costs on the off-grid solar industry.

French-Italian semiconductor producing firm STMicroelectronics has actually announced that its Bouskoura site in Morocco will certainly obtain 50% of its energy from renewable resources by 2022 compared to 1% in 2020, as part of its activity strategy to accomplish carbon-neutrality by 2027.

US independent power producer Soltage LLC has actually protected a USD-130-million (EUR 176.4 m) debt center led by Silicon Valley Bank to fund a portfolio of solar projects throughout six states.

Community Choice Aggregators (CCA) Central Coast Community Energy (CCCE) and Silicon Valley Clean Energy (SVCE) have actually authorized contracts for 778MW of renewable resource generation and also 118.75 MW of energy storage in California.

Canadian Solar has closed a BRL500 million (US$ 100 million) funding center to create a Brazilian solar portfolio claimed to be the nation's biggest, while also offering it the alternative to hold constructed solar possessions for longer.

Greek industrial group Mytilineos recorded an internet revenue of EUR77 million (US$ 91 million) in H1 2021, nonetheless the company's renewables department witnessed a drop in income year-on-year.

The Q2 numbers are a record for topline in addition to net income for Tesla, easily defeating estimates. The firm's change to LFP chemistry for some storage space products will be closely watched.