Solar Markets & Finance News

Noon Energy Inc., designer of an advanced ultra-low-cost battery technology for long-duration energy storage, shut a $3 million Seed phase investment. Prime Impact Fund led the round as well as was joined by At One Ventures, Collaborative Fund, as well as Xplorer Capital.

Berlin-based greentech start-up Zolar has raised an additional EUR10 million (US$ 11.9 million) in a financial investment round led by Energy Impact Partners.

Vietnam is to slash feed-in tariffs offered for roof solar installments from following month by as much as 38% in a quote to attend to grid pressures in the nation, regional media has actually reported.

Emerging Africa Infrastructure Fund to establish 30MW solar project

Europe is good to go to come to be the world's second-largest maker of lithium-ion battery cell by 2025, claimed a European Commission (EC) vice-president, although some crucial obstacles need to be dealt with.

United States utility Florida Power & Light (FPL) has submitted a four-year rate plan that could see 894MW of solar PV systems contributed to the grid.

The US solar industry smashed multiple records in 2020 as the sector recorded an "historic" 4th quarter, teeing up an honest decade where installations are anticipated to more than quadruple.

E-commerce large Amazon is to sustain the development of 62MW of solar in Singapore by acquiring power created from a network of 'moveable' installs.

Spain's government and the European Union will certainly give funding to sustain the advancement of 65 brand-new solar projects in the Canary Islands by the end of next year.

Waaree Energies, India's largest solar module supplier with an installed ability of 2 GW, has actually introduced providing 330wp & 335wp Solar modules for a 2.47 MW project Created by the Sunil Gadhoke led Vibgyor Energy, of Sunbeam Real Ventures Pvt Ltd

GOGLA, the worldwide association for off-grid solar energy, which provides off-grid electrical energy product or services, has introduced that the overall investment into the off-grid solar market in 2020 represented USD 316 million, 4 million more than 2019.

LG Energy Solution (formerly LG Chem) plans to invest more than $4.5 billion over the next four years on battery production ability in the USA. This new investment will allow for 10,000 more American jobs and 70 GWh of additional battery manufacturing capacity. The batteries will mainly be provided to the electrical lorry market and some energy storage space system companies.

Australia beat renewable energy implementation estimates in 2020, driven in component by a 40% year-on-year boost in rooftop solar installs, according to new numbers from the country's Clean Energy Regulator.

Significant China-based polysilicon manufacturer Xinte Energy has protected a significant polysilicon supply contract with a new entity, Qinghai Gaojing Solar Energy Technology Co, that was said to be a 3rd party independent from Xinte Energy.

Oil group Eni and also Italian state loan provider Cassa Depositi e Prestiti (CDP) have actually developed a joint venture (JV) that will spend more than EUR800 million (US$ 953 million) in Italy's renewables sector by 2025.