Solar Markets & Finance News

Spanish power company Acciona has safeguarded shareholder approval for an initial public offering (IPO) of its renewables department, providing a boost for the firm's plans to reach 6GW of set up PV by 2025.

Hong Kong-based SPI Energy Co Ltd (NASDAQ: SPI) has actually consented to get a 6.5-MW neighborhood solar photovoltaic or pv (PV) project combined with 5.45 MWh of storage space in Massachusetts.

Canadian Solar Inc (NASDAQ: CSIQ) said on Monday that it has started automation of solar photovoltaic (PV) modules with an individual ability of up to 665 W and also expects to supply the first batch later on this month.

The new deal makes Infracapital the largest investor in EnergyNest

JinkoSolar has revealed that despite 'extreme difficulties' it took care of to bump up its annual shipments to 18.77 GW in FY 2020. The firm also encountered losses for the 4th quarter.

The renewable energy branch of Larsen and also Toubro's (L&T) Power Transmission as well as Distribution service has secured an engineering, purchase and also building (EPC) contract for a solar photovoltaic (PV) plant in Saudi Arabia.

Solar and storage provider Sunworks has obtained installer Solcius in a deal worth US$ 51.8 million.

A draft proposal put forward by China's National Development and also Reform Commission might see aids for brand-new solar projects terminated, beginning this year.

Spanish independent power producer (IPP) Opdenergy is preparing to introduce a going public (IPO) to assist fund the advancement of 3.7 GW of renewables projects across Europe and also the Americas.

The United States' fleet of solar and wind generation capacity is readied to virtually triple over the next decade, but even this is not nearly enough to satisfy Head of state Biden's enthusiastic decarbonisation targets.

Dublin-based energy effectiveness business UrbanVolt has actually launched a new service to provide solar power to huge as well as small businesses through roof solar installments.

German Africa Greentec AG has signed framework contracts in Chad for the establishment of a joint venture with the nationwide electrical energy SNE. Through this unique function lorry, the German firm said it is "developing a green power supplier in the country." By the middle of this year, the initial megawatt-scale SNE diesel generators are to be replaced by solar plants.

BlackRock Real Possessions has successfully achieved a US$ 4.8 billion last close of Global Renewable Power Fund III (" GRP III" or the "Fund") with dedications from over 100 institutional capitalists, including leading public as well as personal pension plan funds, insurance companies, endowments, structures and also family members workplaces from over 18 nations worldwide.

Iberdrola has created a critical partnership with insurance company Mapfre that will initially purchase 230MW of clean energy projects in Spain, consisting of 130MW of solar PV.

Possession handling huge BlackRock has raised US$ 4.8 billion from institutional capitalists to money sustainable power generation jobs in Europe, Asia and also the Americas.