Solar Markets & Finance News

Macquarie Invest USD 332M in Hydro's Renewables
Macquarie Asset Management and Norsk Hydro ASA just announced a joint venture worth USD 332 million to develop 6.9 GW of renewable projects across three countries. Check out the details on this innovative partnership and its expected impact.
Oct 24, 2023 // Markets & Finance News, macquarie
185MWp German Solar Financed
SUNfarming secures double-digit million Euro financing for 185-MWp PV projects. Prime Capital AG raised funds through project bonds and Capcora acted as exclusive financial advisor. German solar power developer looks to finance growth with this successful transaction.
Oct 24, 2023 // Markets & Finance News, Germany, Europe, SUNfarming, Prime Capital AG
Solar's Record Drop: Prices, Coal, Grid Demand
Australia's electricity grid is transforming: Renewables pushed prices down by 71%, solar set wholesale price on 72% of intervals and 10GW of new projects under construction. Don't miss out on saving money and ensuring reliability with renewable energy.
Oct 23, 2023 // Markets & Finance News, Australia, Oceania
Solar Valley Rises Again: German Industry's Rebirth
Reestablishing the German solar industry a decade after bankruptcy, EU subsidy plans and Chinese dominance. With new plant openings and experienced staff, Europe seeks to reduce reliance and expand renewable energy capacity. Will it be enough to ward off the risk of failure?
Oct 23, 2023 // Markets & Finance News, Germany, Europe
40GW Solar/Wind in 2024: Majestic Renewables Growth
Catch the energy shift in 2024: US expected to add 40 GW of solar & wind capacity, resulting in 16% increase of renewable energy's share of electricity generation.
Oct 23, 2023 // Markets & Finance News, USA, North America
Amazon's 39 Renewable Projects in Europe: 1 GW+
Amazon just announced 39 solar and wind projects across 13 European countries, with a combined capacity of 1 GW. This initiative will enable 5.8GW of clean energy, enough to power 4.9 million British households. As part of its commitment to be powered 100% by renewable energy by 2025, Amazon is setting up its first solar farm in Poland and Greece.
Oct 23, 2023 // Markets & Finance News, Amazon, Europe
Solar Dominance: Irreversible Tipping Point Reached
Solar power will soon dominate global electricity: New study suggests we can make the shift to solar without major policy changes, but governments must also invest in other renewable sources to ensure smooth transition.
Oct 20, 2023 // Markets & Finance News, Nature Communications
Elera Powers Vivo's Brazil Ops with 237 MWp Solar
Elera Renovaveis and Telefonica SA join forces to power up to 1.8 million homes with clean solar energy from the 1.2 GW Janauba complex in Minas Gerais, Brazil. 76% of Vivo's energy consumption is now supplied by renewable sources.
Oct 20, 2023 // Markets & Finance News, South america, Brazil, Elera Renovaveis, Telefonica SA
Scatec, Equinor Part Ways in Argentina
Central Puerto SA has purchased the 50/50 stake in the 117-MW Guanizuil IIA solar farm in Argentina from Scatec and Equinor. With the exit of Scatec, the solar farm, connected in 2021, is now owned by the Argentine power producer. Explore the power of solar as Equinor and Scatec expand their renewable energy portfolios.
Oct 20, 2023 // Markets & Finance News, Scatec, Equinor, PV Power Plant
Opdenergy Seals $252M for 260MW Solar Projects
Opdenergy seals $252 million US project finance package - creating 600+ jobs and reducing 260,000 tonnes of CO2 annually. Discover the benefits of clean energy now!
Oct 19, 2023 // Markets & Finance News, USA, North America, OPDEnergy, Solar Project
Masdar Eyes EBRD Financing for 200-MW Solar in Armenia
Masdar is seeking financing for the construction of a 200 MW solar farm in western Armenia. Get the latest updates on the USD 186.6 million project and the expected November 28, 2023 decision on the Clean Technology Fund concessional loan. This eco-friendly initiative could reduce carbon dioxide emissions by up to 169,000 tonnes annually.
Oct 18, 2023 // Markets & Finance News, Masdar, Europe, Armenia
Flexrack Supplies 182-MW Solar in Canada
Qcells' Flexrack mounting systems are powering two of Canada's largest behind-the-meter solar projects. With 101-MW Saddlebrook and 81-MW Scotford projects, experience total reliability, even in the cold climate, with Flexrack's engineering expertise. Ready for completion by 2023.
Oct 18, 2023 // Markets & Finance News, Canada, North America, Flexrack
TagEnergy Funds UK's 100MW BESS Project
TagEnergy secures £70m debt package to finance 100MW battery energy storage system project in North Yorkshire. Tesla, Habitat Energy and RES to support construction of completed facility by mid 2024. CEO Franck Woitiez says innovative financing offers value and accelerating energy transition.
Oct 18, 2023 // Markets & Finance News, UK, Europe, tagenergy
Galileo Signs 1st CPPA: Decarbonize Manufacturing
Galileo signs its first corporate PPA with a NYSE-listed global corporation, providing 23MW of solar PV energy with an estimated annual production of 40GWh. An important milestone for Galileo, this reflects the growing demand for renewable energy projects in Europe. Join the energy transition today.
Oct 18, 2023 // Markets & Finance News, Galileo
Enviromena Raises Funds to Power 500-MW Solar Goal
Enviromena, a UK clean energy services company, receives GBP 65 million funding round from Arjun Infrastructure Partners to become a leader in the domestic solar industry. Acquire 500 MW solar projects and expand portfolio. 230 MW of assets managed for third parties and 500 MWp of O&M services. Chris Marsh: "Funding will help build extensive pipeline and expand portfolio quickly."
Oct 17, 2023 // Markets & Finance News, UK, Europe, Enviromena