Solar Markets & Finance News

Switzerland based independent solar power producer, Etrion has recently launched its economic results for the very first quarter of 2021 (Q1 FY21) ended March 31, 2021.

ACWA Power has actually introduced the commencement of construction on the 100 MW Redstone CSP project complying with the success of financial close.

Total Eren has actually successfully authorized the financing documentation for its solar photovoltaic project Tutly with 100 MWac ability in Uzbekistan

Europe's solar technology experts may need up to EUR7 billion (US$ 8.51 billion) in capital investment in order to scale up domestic production to be around the world affordable, however continued assistance will be important to maintain the sector in the long-term.

Spain's Solarpack was impacted by pandemic-related project hold-ups in Chile during a first quarter, in which it saw its internet revenue reduce 95% year-on-year to EUR300,000 (US$ 365,000).

German renewables developer wpd has introduced a 345MW solar development pipe to use the growing Greek renewables market.

Spanish utility Iberdrola SA (BME: IBE) revealed today it has commissioned a 50-MW solar photovoltaic (PV) park in Spain's Aragon region.

Adani Power Limited (APL), the power service subsidiary of Indian conglomerate Adani Group, yesterday tape-recorded a combined internet profit of Rs 13.13 crore in the March 2021 quarter, in contrast to, a BSE filing revealed, a combined bottom line of Rs 1,312.86 crore in the quarter ended March 31, 2020. The reason for the enjoyable result owes to higher earnings earned in the most recent quarter.

Sunrun has actually enhanced its assistance for 2021 after a first quarter performance which has put the firm on track to record its fantastic year, CEO Lynn Jurich claimed.

German farming group BayWa has claimed its renewables service saw an "unusually strong" beginning to the year, driven by high demand for solar modules and also the sale of a PV plant in Japan

Share issuance is oversubscribed and also elevates around $132m for the PV capitalist

China's Sungrow Power Supply Co Ltd (SHE:300274) stated today it has signed an inverter supply contract for the 200-MW Kom Ombo solar project in Egypt.

NTPC Renewable Energy has become part of a PPA with GUVNL to sell power from its 150 MW solar project.

Atlas Renewable Energy, a leading renewable energy firm in the Americas, introduced today that it has actually acquired a USD 150 million lending from IDB Invest, a participant of IDB Team, and from DNB Bank ASA (the largest economic services team in Norway) to finance the building and construction of its Lar do Sol-- Casablanca project, a 359MWp solar project to be developed in Brazil that will give tidy energy to Anglo American's operations in Minas Gerais.

US based electrical energy vendor as well as a subsidiary of American Electric Power, AEP Energy has actually authorized a Power Purchase Agreement (PPA) with Global Energy Generation LLC, a programmer of renewable energy projects in the Midwest and also Mid-Atlantic areas. The PPA has actually been signed for a 1.65 gigawatt (GW) Mammoth Solar 1 project in Indiana.