Solar Markets & Finance News

Abu Dhabi Future Energy Company PJSC, much better known as Masdar, has become the lowest bidder in a tender for a 200-MW solar project in Uzbekistan's Sherabad area, positioning a bid of USD 18.045 (EUR 14.819) per MWh.

California could be at risk of power deficiencies this summertime due to above-normal temperatures affecting solar result, the North American Electric Reliability Corporation (NERC) has actually alerted.

Energy company ERG's board of directors have authorized a plan to invest EUR1.9 billion (US$ 2.31 billion) to add 1.5 GW of renewable resource ability to its portfolio.

India's Ministry of Commerce and Industry has started an anti-dumping probe right into imports of solar photovoltaic (PV) cells made in China, Vietnam and Thailand complying with a request submitted by the Indian Solar Manufacturers Association (ISMA).

New Spanish federal government grants to sustain the deployment of self-consumption solar projects can cause 3.5 GW of added capacity, profession organization UNEF has suggested.

Portuguese grid driver Redes Energéticas Nacionais has said it will spend more than EUR900 million (US$ 1.1 billion) by 2024 in technologies as well as renovations to the electrical power network to support the nation's environment-friendly power transition.

Korean module maker Q CELLS will spend EUR35 million into its worldwide R&D headquarters in Germany to sustain its efforts in n-type solar cell as well as module development. The business has recognized this technology as one of the most efficient next-generation chauffeur of lowered cost within solar over the following couple of years.

German research firm Bernreuter study has actually launched its most recent ranking of Polysilicon suppliers, and the prognosis for non-Chinese makers is not good.

The American Council on Renewable Energy (ACORE) has said that a suggested transmission investment tax credit history (ITC) in the US might spur US$ 15.3 billion of fresh financial investment in clean energy and also enable an added 42GW of wind as well as solar capacity ahead online.

Universities Superannuation Scheme takes 50% stake in Bruc Energy

According to IRENA's World Energy Transitions Outlook, to accomplish environment objectives, worldwide electricity generation need to increase three-fold by 2050, making grid versatility incredibly important as countries race to lower discharges. Cross-border affiliation stands for one of the essential remedies to managing the variability of renewable power as well as grid security issues.

Manila-headquartered Asian Growth Bank (ADB) said on Thursday that it had devoted $3.92 billion in sovereign car loans for 13 projects to India in 2020, consisting of $1.8 billion in projects to support the Government of India's coronavirus condition (COVID-19) pandemic action.

JLEN is to fund battery storage and biogas financial investments with the proceeds of a new oversubscribed ₤ 56.9 million positioning.

Octopus Renewables has actually announced a new partnership with Zestec Asset Management to deliver greater than ₤ 100 numerous brand-new develop UK solar assets.

Bargain provides Spanish oil large accessibility to a portfolio of renewables and also storage projects in excess of 40GW