Solar Markets & Finance News

Falck signs 17.5-MW solar PPA with Ferrero in Italy

Italian firm Falck Renewables SpA (BIT: FKR) stated on Monday it has actually signed a power acquisition agreement (PPA) for 17.5 MW of creating solar projects in the house country.

May 25, 2021 // Plants, Markets & Finance News, Italy, PPA, Europe, Falck Renewables SpA, Toni Volpe

Sonnedix acquires 22-MW solar portfolio in Italy

Independent solar energy producer (IPP) Sonnedix Power Holdings Ltd has acquired a 22.3-MW solar portfolio in Italy from Spanish peer Solarig.

May 25, 2021 // Markets & Finance News, Italy, Sonnedix, Europe

iSun's earnings take a hit because of COVID-19 interruption

Solar contractor iSun's pre-tax revenues dropped further at the beginning of 2021 contrasted to the exact same period last year, while its gross margin took a hit because of project delays prompted by COVID-19.

May 25, 2021 // Markets & Finance News, EPC, UTILITY-SCALE SOLAR, financial results, covid-19, Jeffrey Peck, iSun, peck, solar construction

Mining titan to create 766MW Brazil solar

Vale's Sol de Cerrado project in Minas Gerais will certainly be just one of the largest in the country when operational in 2022

May 25, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, South america, Brazil, Nextracker, solar farm, Vale, Marco Braga, Alejo Lopez

Singapore's Green Plan 2030 can spearhead financial investments in solar sector

Singapore's recently revealed Green Plan 2030 could kickstart the nation's arising solar field, according to a brand-new report from expert Fitch Solutions.

May 25, 2021 // Markets & Finance News, floating PV, Asia, rooftop PV, Singapore, shell, Sunseap, net zero, commercial rooftop, Cleantech

SP Group companions with BCG Energy to use Vietnam solar market

Singaporean utility business SP Group has actually authorized a memorandum of understanding with BCG Energy, a holding subsidiary of Vietnamese investor Bamboo Capital, to sustain the development of new renewable energy projects in the country.

May 25, 2021 // Markets & Finance News, Asia, rooftop solar, Vietnam, jinkopower, bamboo capital, BCG energy, sp group, vietnam solar, Tuan Pham

Solar software service provider Aurora closes US$ 250m financing round

Aurora Solar, a US-based firm that has developed software program to allow the remote layout and also sale of PV systems, has actually shut a US$ 250 million collection C financing round.

May 25, 2021 // Residential, Markets & Finance News, Storage, Rooftop PV, Aurora Solar, software, software platform, Coatue, Sam Adeyemo

Solar implementation in Australia 'substantially higher' than previously forecast

Australia's electricity grid faces blockage and also power security concerns over the following few years as even more solar power capacity is set up at faster rates than formerly expected.

May 24, 2021 // Markets & Finance News, UTILITY-SCALE SOLAR, Australia, rooftop PV, Oceania, grid congestion, power security

Canadian Solar, Axpo Italia sign solar PPA for 12 MWp

Axpo Italia will certainly get the result of 12 MWp of solar parks that Canadian Solar Inc (NASDAQ: CSIQ) will certainly construct in Italy under a lasting power purchase agreement (PPA) revealed on Monday.

May 24, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Canadian Solar, Italy, PPA, Europe, Axpo Italia, Simone Demarchi

Maxeon Q1 loss widens but brand-new items, greater rates backed to bolster earnings

Maxeon Solar Technologies saw its opening quarter loss expand by 22% year-on-year as products as well as logistics costs continue to be a thorn in the side of solar suppliers.

May 24, 2021 // Manufacturing News, Markets & Finance News, SunPower, polysilicon, Maxeon, Maxeon Solar Technologies, Jeff Waters

ERG to get 80-MW renewables portfolio in France

A subsidiary of Italian power firm ERG SpA (BIT: ERG) has actually accepted obtain a firm that holds a functional renewables portfolio of 80 MW in France.

May 24, 2021 // Markets & Finance News, France, Europe, ERG

EDF introduces Glassthorpe solar plan

French developer eyeing 49.9 MW project in England between Flore and also Upper Heyford

May 24, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, UK, Europe, EDF Renewables, England, solar farm, Stephen Walls

Germany deploying more PV systems dealing with east and west

There has been a boost in the share of PV systems in Germany that have an eastern and western orientation, according to brand-new searchings for from Fraunhofer ISE.

May 21, 2021 // Markets & Finance News, Rooftop PV, Germany, Fraunhofer, Europe, Fraunhofer ISE, rooftop solar, east-west

BNDES okays financing for 700-MW Brookfield solar complicated in Brazil

Brazil's National Advancement Bank (BNDES) has authorized BRL 1.47 billion (USD 277.8 m/EUR 227.5 m) in financing to sustain the building and construction of the 700-MW Janauba solar complex owned by a regional device of Canada's Brookfield Asset Management (TSE: BAM.A).

May 21, 2021 // Plants, Markets & Finance News, South america, Brazil, BNDES

Diversified portfolio assists DORE's NAV expand despite falling UK power rates

Strong power prices in Europe helped offset falling UK power costs to enable Downing Renewables & Infrastructure Trust plc's (DORE) Net Asset Value (NAV) to expand 1.3% in the first quarter of 2021.

May 21, 2021 // Markets & Finance News, UK, Europe, DORE, Tom Williams

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