Solar Markets & Finance News

Private equity fund Amber Capital Armenia, supported by the European Bank for Reconstruction and also Development (EBRD) and the European Union (EU), has actually gotten Solis LLC, an Armenian solar plant driver, to build as well as operate a 4 MW PV power plant in Aragatsotn, western Armenia.

Canadian Solar has actually reported a jump in deliveries and revenue, satisfying the leading end of its advice, however warned of a challenging quarter for its production division after it plunged to a loss.

Leading United States domestic solar and also storage space company Sunrun has partnered with car manufacturer Ford as the installer of home charging systems for its F-150 Lightning truck.

ReneSola (backed by Zhongnan Industry) is a world reputed Solar PV Module manufacturer revealed that they have won 35MW and 110MW module products in the Brazilian market and also is anticipated to achieve 200MW in Brazil, 2021.

State Payment Insurance Fund (State Fund), California's leading service provider of employees' compensation insurance, today announced that construction has started on a substantial sustainability and solar energy program that includes solar, electrical lorry billing stations as well as energy storage space at 7 locations throughout California.

EDF Renewables has actually partnered with a brand-new portfolio business of Macquarie's Green Investment Group to acquire a French agrophotovoltaic programmer with a 2.4 GW solar portfolio.

Japanese power business J-Power has actually gotten a 10% risk in renewables and pumped hydro developer Genex Power through its Australian subsidiary JPGA Partners.

Adani Green Energy has actually authorized agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank & Bharti Group

The Portuguese Ministry of Agriculture introduced it is designating EUR 10 million (USD 12.1 m) for solar projects under its Small Investments in Agricultural Exploration programme.

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.