Solar Markets & Finance News

EU needs to go for 45% renewable energy and 870GW of set up solar by 2030, SPE says
Trade association SolarPower Europe (SPE) has called on the European Union to increase the share of renewables in final energy demand to a minimum of 45% by 2030, a relocate says would certainly put the bloc on course to supply on the 1.5 ° Paris Agreement scenario.
May 27, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, Policy, Europe, European Union, energy transition, paris agreement
ReneSola Power eyes European growth as well as 2GW solar project pipe
ReneSola Power is aiming to improve its strong first quarter economic performance to get to a 2GW PV project pipe by the end of the year, as it prepares to go into at least two brand-new Europen markets.
May 27, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, ENERGY STORAGE, solar-plus-storage, renesola, ReneSola Power, company results
Solar and wind outmatching all various other renewables development in US
Solar power result in the US outmatched all other renewables and also grew by nearly a quarter (24.3%) in the initial 3 months of 2021 contrasted to last year, new information from the country's Energy Information Administration (EIA) has revealed
May 27, 2021 // Markets & Finance News, USA, North America, EIA, Renewable Electricity, sun day campaign, us renewables, energy information administration
ReneSola Power's Earnings Up by 39% QoQ in Q1 2021
The business reported a gross profit of $6.8 million in Q1 2021
May 26, 2021 // Markets & Finance News, renesola, Yumin Liu
Puma Energy, PASH to establish 18.3 MWp of DG solar throughout Puerto Rico
Petroleum provider Puma Energy, part of Singapore's Trafigura, and also its partner UK-based developer PASH Global recently announced the launch of a project to roll out 18.3 MWp of distributed generation (DG) solar power systems at service stations across Puerto Rico.
May 26, 2021 // Plants, Markets & Finance News, USA, North America, Puerto Rico, Puma Energy, PASH
India tops 2 GW of Q1 solar installs yet 2021 will certainly be tough
India set up 2,056 MW of solar ability in the first quarter of 2021, up by 37% quarter-on-quarter and 88% year-on-year, as designers finalised projects postponed last year.
May 26, 2021 // Markets & Finance News, India, Asia
Cubico re-finances Spanish solar
Investor got the 50MW Moron and Olivenza developments in March
May 26, 2021 // Markets & Finance News, Spain, Europe, cubico, David Swindin, Carlos Ciervide
BayWa r.e. buys 600MW French solar as well as wind portfolio
Solar designer and supplier BayWa r.e. has acquired French wind and solar developer Enerpole to expand its existence in the nation's renewable energy sector.
May 26, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, France, Europe, baywa r.e., enerpole, solar project developmet, Can Nalbantoglu
Guzman Energy indications PPA on Primergy Solar's 155-MW Colorado PV project
Guzman Energy has actually authorized a power acquisition agreement with Primergy Solar on the proposed 155-MWac Hesperus Solar Project. Hesperus, situated in La Plata County on Colorado's western incline, could serve the energy requirements of nearly 56,000 residences every year.
May 25, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, PPA, North America, Solar Project, Ty Daul, Guzman Energy, Chris Riley
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