Solar Markets & Finance News

Freyr Energy, a solar rooftop business based in Hyderabad, introduced yesterday that it has actually safeguarded an equity financial investment of Rs 18 crore from Total Carbon Neutrality Ventures, Schneider Electric Energy Access Asia and also C4D Partners.

Retail gigantic Amazon introduced this week that it was purchasing 9 brand-new utility-scale wind and solar energy projects in the US, Canada as well as Europe, therefore coming to be the largest company buyer of renewable resource in Europe.

International renewables programmers are rushing to safeguard projects in Brazil prior to the federal government eliminates subsidies for new solar as well as wind farm installations next year.

One-third of utility-scale solar set to come online in the US in the next two years will certainly be in Texas, as it narrows the space on leading state California, according to new numbers from the nation's Energy Information Administration (EIA).

Danish solar business Better Energy is expecting to boost its economic performance this year thanks partially to its transition from a project designer to an independent power producer (IPP).

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.