Solar Markets & Finance News

France-based energy company Engie has authorized a sale purchase arrangement to sell a 60.5% risk in the share capital of Engie EPS to Taiwanese company TCC.

India presents an "enormous possibility" for the advancement of solar and also wind hybrid power systems, with more than 12.3 GW of collocated tenders released in the nation to day.

'Solar Module Super League' (SMSL) participant LONGi Solar has actually reported total PV module deliveries of 24.53 GW in 2020, establishing a brand-new sector shipment record as well as leapfrogging rivals to come to be the biggest PV supplier worldwide for the very first time.

Ingka Group, a merchant that runs most of IKEA stores, has actually designated an additional EUR4 billion (US$ 4.8 billion) to purchase solar and also wind plants.

Independent power producer Opdenergy has mandated BBVA as the underwriting entity for financing the growth and building of its 725MWp stockpile of solar projects in Spain.

Small-scale solar professional CleanCapital has actually protected a US$ 300 million financial investment from Manulife Financial investment Management to aid grow its asset portfolio.

US will be accountable for the most development and also will certainly be complied with by China and afterwards Japan, says Wood Mackenzie

Italy-based Falck Renewables SpA (BIT: FKR) has finalised the procurement of Desafio Solar SLU, the project lorry behind a 49.88-MW solar plant in Spain.

United States solar radar manufacturer FTC Solar has launched the roadshow for its initial public offering (IPO) on Nasdaq, putting 18.42 numerous common shares in a bargain that can bring it approximately USD 423.7 million (EUR 351.3 m).

Solar items firm Q Cells has actually begun shipping "large amounts" of solar (PV) modules of what it claims is the "backbone" of a 370-MW solar project in Angola.

Virgin Money has actually concurred a new financing partnership with Gresham House Solar Distribution, providing a ₤ 18 million revolving credit facility to facilitate the development of solar properties.

German PV system supplier as well as project developer IBC Solar AG is expanding its portfolio with mounting systems from the Dutch Van der Valk Solar Systems BV.

Amazon has actually announced prepare for nine new utility-scale solar and wind projects in the United States, Canada, Spain, Sweden as well as the UK, placing it on track to powering all its tasks with renewables by 2025.

Lohum Cleantech, the lithium-ion battery manufacturer and recycler based in New Delhi, is intending to spend around 250 crores in the following 3 years in the direction of increasing its manufacturing capacity, which presently stands at 300 MWh of batteries each year as well as 200-250 units a day, with goals to at some point venture right into the manufacturing of batteries for four-wheeler electrical vehicles.

Photon Energy has reached more than 420MWp of PV projects under growth, as the Netherlands-based renewables company weathered the influences of COVID-19 on its financial efficiency last year.