Solar Markets & Finance News

There was a more than fourfold increase in corporate solar funding in Q1 2021 compared with the same quarter last year, in the middle of strong need for PV properties around the world, according to brand-new analysis by Mercom Capital.

The Solar Energy Industries Association (SEIA) has actually revealed a brand-new ecological and social justice platform to enhance access to work within the renewables sector, as well as to low-priced clean energy throughout the United States.

The US Federal Energy Regulatory Commission (FERC) has introduced a string of campaigns to aid create the country's power grid, including tightening up a transmission incentive policy for energies as well as a workshop that will explore exactly how business can take advantage of grid-enhancing technology.

In September last year, the Scott Morrison-led Australian federal government had actually announced that it was establishing a target for the electrical energy field to reach last financial investment choices by the end of April 2021, towards supplying 1000 MW of brand-new dispatchable energy by summer 2023-24, to make sure that the coal-fired Liddell power plant could be folded in 2023 according to routine.

Hunt Perovskite Technologies (HPT) today revealed that it has actually been chosen for an award of $2.5 million in financing from the United States Department of Energy's (DOE) Office of Energy Efficiency & Renewable Energy Solar Energy Technologies Office Fiscal Year 2020 Perovskite Funding Program.

Canadian firm Northland Power has signed a definitive agreement with Helia Renovables to acquire 540MW of wind and solar portfolio in Spain for a money consideration of $413m (EUR345m).

Renewables firm Pattern Energy has actually developed a joint endeavor (JV) with independent power producer Talen Energy that will create 1.4 GW of utility-scale solar and also wind projects in the United States over the following 5 years.

Maxeon Solar Technologies intends to increase up to US$ 143.75 million via a share concern, the earnings of which will help finance prepared capability developments and also R&D.

Renewable energy software application carriers Power Factors and also Greenbyte have actually signed up with forces, producing an entity that supports more than 75GW of solar, wind as well as energy storage properties internationally.

Israeli developer Solegreen has actually invested US$ 104 million in solar installer Kuubix to aid it seek an "hostile" growth approach across its core markets in the US.

Hamburg-based solar operator Blue Elephant Energy has actually signed up with pressures with renewables developer Umweltgerechte Kraftanlagen (UKA) to develop a 500MWp solar portfolio in Germany.

Independent energy trader BB Energy (BBE) has actually set its sights on Africa's solar and storage space market by getting Solarcentury's Africa-facing division for an undisclosed sum.

Solar sector gamers need to team up with governments and regulators to conquer floating PV allowing and bankability problems as well as unlock the potential of the innovation in Europe.

Resurgent residence markets, specifically in the United States and also Spain have actually buoyed the leading EPC contractors, according to Wiki-Solar's most recent 'organization table' launched today. Swinerton Renewable Energy holds onto top slot with First Solar heading south at # 2 having trimmed its downstream tasks.

Indian renewables designer Adani Green Energy Ltd (BOM:541450), through a subsidiary, has actually appointed a 50-MW solar farm in Chitrakoot, in India's Uttar Pradesh state.