Solar Markets & Finance News

IEA upgrades renewables anticipate as solar PV continues to damage new records
The International Energy Agency (IEA) has stated it expects yearly solar PV additions worldwide to surpass 160GW by 2022, affirming the technology's placement as the "brand-new king" of worldwide electricity markets.
May 12, 2021 // Manufacturing News, Plants, Markets & Finance News, Policy, China, Asia, IEA, Fatih Birol, International Energy Agency, solar installations, install forecast
California PV-storage project inks offtake
DCE will purchase all of the energy created from the Deer Creek 50MW solar plus 200MWh battery project
May 11, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, California, USA, North America, Craig Carson, vesper energy, Desert Community Energy, DCE, PV-storage projec
Helios expands PV projects portfolio to 500MW
Swedish developer strategies to expand its advancement portfolio to over 1GW over the next year
May 11, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Sweden, Europe, helios, solar projects
Battery Company ESS to be Publicly Detailed; Value Expected to Cross $1 Bn
ESS Tech, a manufacturer of iron flow batteries has actually participated in a contract that will result in it becoming a publicly provided firm.
May 11, 2021 // Markets & Finance News, Storage, Lithium-ion batteries, ESS Publicly Listed, ESS Tech, Iron Flow Batteries, Eric Dresselhuys, Craig Evans
Etrion Sees $2.5 Million Net Loss in FY 2021
Switzerland based independent solar power producer, Etrion has recently launched its economic results for the very first quarter of 2021 (Q1 FY21) ended March 31, 2021.
May 11, 2021 // Markets & Finance News, Europe, Switzerland, Etrion, net loss, solar company
ACWA Power Achieves Financial Close on 100 MW CSP Plant in South Africa
ACWA Power has actually introduced the commencement of construction on the 100 MW Redstone CSP project complying with the success of financial close.
May 11, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Africa, South Africa, ACWA Power, Paddy Padmanathan, International, csp, solar projects, ACWA CSP
Total Eren Protects Funding for 100 MW Solar Project in Uzbekistan
Total Eren has actually successfully authorized the financing documentation for its solar photovoltaic project Tutly with 100 MWac ability in Uzbekistan
May 11, 2021 // Markets & Finance News, EBRD, Total Eren, Asia, finance, Uzbekistan, eib, International, Solar Project, Laurence Juin, Total Eren Solar Project
Up to EUR7 billion financial investment could be required to reach 20GW of solar module manufacturing capacity in Europe
Europe's solar technology experts may need up to EUR7 billion (US$ 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.
May 11, 2021 // Manufacturing News, Markets & Finance News, Europe, wacker chemie, meyer burger, Soltec, baywa r.e., wacker, esg, Michael Schmela, SolarPower, Christian Westermeier
Solarpack struck by PV project growth hold-ups in Chile as well as India
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).
May 11, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Chile, South america, Asia, Solarpack, covid-19, company results
German developer wpd take advantage of Greek renewables market with 345MW solar pipeline
German renewables developer wpd has introduced a 345MW solar development pipe to use the growing Greek renewables market.
May 7, 2021 // Markets & Finance News, Greece, Germany, Europe, Wpd, Blue Elephant Energy
Iberdrola commissions 50-MW solar farm in Spain
Spanish utility Iberdrola SA (BME: IBE) revealed today it has commissioned a 50-MW solar photovoltaic (PV) park in Spain's Aragon region.
May 7, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Iberdrola, Europe, solar farm
Adani Power Ltd Posts Rs 13.13 Crore Net Profit in Q4 2021 Results
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.
May 7, 2021 // Markets & Finance News, Thermal, India, Asia, adani group, Adani Power Limited, APL, thermal power producer, Anil Sardana
Sunrun raises 2021 advice after Q1 installs damage seasonal records
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.
May 7, 2021 // Residential, Markets & Finance News, USA, Sunrun, Enphase Energy, vivint solar, North America, Tom vonReichbauer
BayWa r.e. make money from 'vigorous need' for solar modules in Europe
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
May 7, 2021 // Markets & Finance News, Japan, Asia, baywa r.e., BayWa, Klaus Josef Lutz
US Solar Fund loads investment funds
Share issuance is oversubscribed and also elevates around $132m for the PV capitalist
May 7, 2021 // Markets & Finance News, USA, North America, us solar fund, Gill Nott, biden