Solar Markets & Finance News

South Africa launches request for propositions for 1GW of solar PV
The South African federal government has actually released its most current renewables procurement round under its Renewable Energy IPP Procurement Programme (REIPPPP), which is to obtain 1GW of solar PV.
Mar 22, 2021 // Markets & Finance News, tender, solar-plus-storage, Africa, eskom, South Africa, ACWA Power, Gwede Mantashe, solar wind hybrid, G7 Renewable Energies, power cuts, procurement, Killian Hagemann
FERC signals mention support for solar projects in PURPA, MOPR rulings
The Federal Energy Regulatory Commission (FERC) has revealed key choices this week giving quality as well as to solar developers within the United States, while signalling state support further down the line.
Mar 22, 2021 // Markets & Finance News, Policy, USA, FERC, North America, PJM Interconnection, auctions and tenders, floor price, MINIMUM offer price rule, MOPR, Gizelle Wray, Jessica Bayles
Investors take over 49 percent of BayWa r.e.
With a capital payment of EUR530 million ($ 631 million), unnamed funds are taking control of 49 percent of the shares in German renewable energy project programmer BayWa r.e. Renewable Energy GmbH.
Mar 18, 2021 // Markets & Finance News, baywa r.e., Matthias Taft, Klaus Josef Lutz
Adani Green Energy elevates $1.35 billion for its sustainable possession portfolio
Adani Green Energy Limited (AGEL), part of India-based Adani Group, elevated a $1.35 billion financial obligation bundle for its under-construction eco-friendly asset portfolio via conclusive arrangements signed with a group of leading worldwide loan providers.
Mar 18, 2021 // Markets & Finance News, India, Asia, Adani Green Energy, AGEL
Canadian Solar directing more than 70% income growth for 2021
'Solar Module Super League' (SMSL) participant Canadian Solar is directing a considerable increase in PV module and also energy storage shipments, leading to full year 2021 income of in between US$ 5.6 billion to US$ 6.0 billion, over 70% greater than earnings reported for 2020.
Mar 18, 2021 // Markets & Finance News, ENERGY STORAGE, Canadian Solar, pv power plants, pv modules
Shoals Technologies lauds 'record year' as it takes aim at post-IPO development targets
Solar Balance of System (BOS) services supplier Shoals Technologies has celebrated a "record year" in which profits expanded 21%, positioning different post-IPO targets strongly in its crosshairs for 2021.
Mar 18, 2021 // Markets & Finance News, IPO, finance, BOS, balance of system, shoals technologies, Jason Whitaker
14.4 TW of solar needed to cover global temperature level rise at 1.5 ° C.
The globe's solar power generation capacity will certainly need to reach 14.4 TW in the next 30 years to guarantee that the international temperature does not rise above 1.5 degrees celsius this century.
Mar 18, 2021 // Markets & Finance News, IRENA, International Renewable Energy Agency, Francesco La Camera, paris agreement, global capacity increase, global energy transition, global temperature rise
Climate-Tech VC Investing Tops $17bn in 2020
' Climate tech 'is a label for the emergence of innovations resolving the climate crisis, generally targeting both mitigation as well as adaptation. With lessons gained from the clean-tech boom as well as bust, investor think climate technology can be rewarding while assisting the atmosphere. A record $17 billion of resources was poured into climate-tech start-ups last year.
Mar 18, 2021 // Markets & Finance News, BloombergNEF, Total Carbon Neutrality Ventures, Total SE
Aberla Energy signs three-year solar PV agreement with Progress Housing
Aberla Energy has actually been chosen as professional energy contractor for the Progress Housing Group, authorizing a three-year solar contact.
Mar 17, 2021 // Commercial, Residential, Markets & Finance News, UK, Europe, Aberla Energy, Progress Housing Group, Paul McCarren, Mark Harrington
Noon Energy's Breakthrough Renewable Energy Storage Space Modern Technology Lands $3M Seed Investment
Noon Energy Inc., designer of an advanced ultra-low-cost battery technology for long-duration energy storage, shut a $3 million Seed phase investment. Prime Impact Fund led the round as well as was joined by At One Ventures, Collaborative Fund, as well as Xplorer Capital.
Mar 17, 2021 // Markets & Finance News, Storage, SunPower, Renewable Energy, Collaborative Fund, Dick Swanson, Noon Energy, storage technology, Xplorer Capital
Energy Impact Partners leads EUR10 million investment in German domestic solar startup
Berlin-based greentech start-up Zolar has raised an additional EUR10 million (US$ 11.9 million) in a financial investment round led by Energy Impact Partners.
Mar 17, 2021 // Residential, Markets & Finance News, Germany, Europe, residential solar, investment fund, Energy Impact Partners, greentech, Zolar, Alex Melzer
Vietnam proposes heavily-cut solar FIT rates from next month
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.
Mar 17, 2021 // Markets & Finance News, Tariffs, Asia, rooftop solar, Vietnam, feed-in tariff, solar policy, fit2, asean
Africa investor introduces Burkina Faso PV press
Emerging Africa Infrastructure Fund to establish 30MW solar project
Mar 16, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Africa, Burkina Faso, Solar Project, Emerging Africa Infrastructure Fund, Paromita Chatterjee
Europe To Come to be Globe's Secondly Largest Li-ion Battery Producer By 2025
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.
Mar 16, 2021 // Markets & Finance News, Storage, Europe, EC Vice President, Energy Storage Europe, European Comission, Li-ion Battery Manufacture, Maroš Šefčovič
FPL submits four-year rate proposal enabling 894MW of solar growth
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.
Mar 16, 2021 // Markets & Finance News, USA, UTILITY-SCALE SOLAR, solar plus storage, North America, NextEra Energy, Eric Silagy, Community Solar, utility solar, FPL, florida power and light, rate hike