Solar Markets & Finance News

Sterling & Wilson Renewable Energy Ltd just won a INR 15.35 billion contract to install a 300MW solar project in Gujarat. It's the 3rd contract from NTPC REL in just over a year, with orders totaling INR 89.5 billion so far. Signing of the contract expected soon.

ESB Group, Ireland's leading utility, has just sold two bonds for EUR 1 billion to finance renewable energy projects and reduce carbon intensity. Help create a cleaner, more resilient energy future by supporting ESB's net-zero target by 2040!

Bangladesh is taking steps towards decarbonizing its energy sources – embracing solar power as the cheapest option by 2025. With falling technology prices, solar plus batteries are cheaper than new coal or gas power plants and could lead to energy independence and emissions reductions.

SolarPower Europe urges EU policy makers not to impose tariffs on imported solar equipment as it could impede clean energy installation. Instead, incentivise resilient European solar production for a better win-win strategy. EU set a record in 2020 with 40Gw of solar capacity, but risk repeating past dips if restrictions are enacted.

Axpo Holding AG signs new PPA with Sunnic Lighthouse GmbH: enjoy 38.4 GWh of renewable electricity annually until 2027! Get the details of this exciting energy deal here.

Bruc secures EUR 600 million to fund 8.5 GW of wind and solar projects across Spain, with financiers including Banco Santander, ING, Instituto de Credito Oficial, BNP Paribas and Intesa Sanpaolo. Financing to cover a substantial part of investments with energy storage projects also being developed.

Discover how Chile and Argentina are increasing their renewable energy sources, including solar-battery storage hybrid plants, 2.5GW of renewable energy projects, and 215MW of small-scale renewables. Find out their ambitious goals and learn more about renewable energy in the region.

Elera Renovaveis ​will provide 120 MWp of solar power to Rio de Janeiro's water and sewerage utility from the Janauba PV complex. With reliable technical, operational and maintenance services, the project will meet the energy needs of 1 million inhabitants.

Microsoft and Lightsource BP have signed a landmark solar PPA in Poland, furthering Microsoft's mission to become 100% carbon-free by 2025 and carbon negative by 2030. Experience the power of renewable energy as Lightsource BP aims to facilitate a shift to a carbon-free grid.

JA Solar continues its commitment to advancing solar energy in Bangladesh, supplying 150 MW of photovoltaic modules to a 275-MW DC solar park, with completion expected by the end of 2023. Partnering with Indian solar plant builder Rays Power Infra Pvt Ltd, JA Solar is creating more value in the local solar market.

Varco Energy secures £58 million in debt financing from NatWest to fund two 114MW Battery Energy Storage Systems in the UK. The projects will support UK's transition to net zero emissions, providing stability and load shifting services to the National Grid.

First Solar is advocating for trade enforcement as module prices reach record lows. Biden's duties on Chinese imports and US Inflation Reduction Act's new incentives could help strengthen US solar manufacturing. First Solar calls for a level playing field for fair competition.

Maxeon Solar Technologies announces purchase of SolarCA including their dealer channel operations and patent portfolio. This acquisition enables Maxeon to market their IBC solar panels in the US with a comprehensive nationwide dealer channel. Transaction to close 3rd quarter 2019.

Xylem and Lorentz partner to bring solar-powered and solar/grid hybrid pumping solutions to global customers, enabling water managers to meet decarbonisation goals while reducing costs. Not available in Australia.

CNGR Advanced Material and Al Mada have announced plans to set up a $2 billion industrial hub in Morocco for EV battery production with an annual capacity of 1 million vehicles. Strategic initiatives by Huayou & Gotion High-Tech result in a combined $26.3 billion investment in Morocco's automotive sector.