Solar Markets & Finance News

Scatec reaches financial close for its first project in Pakistan
The Norwegian solar project designer and nuclear power plant driver Scatec and its local pakistani partner Nizam Energy have closed financing for the 150 MW "Sukkur" solar energy project with an overall financial investment of concerning $100 million.
Feb 22, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Scatec, Asia, Pakistan, Solar Project
Iraq to award 700MW of solar tenders, primary step in 10GW by 2030 plan
Iraq is intending to create 7 PV plants with a combined capacity of 700MW and get to 10GW of set up solar by 2030, the country's oil ministry said in a declaration.
Feb 22, 2021 // Plants, Markets & Finance News, Asia, energy transition, PV Power Plant, Iraq, deployment target, RCREEE
Northvolt to expand Polish battery capacity
A $200m manufacturing facility is be created in Gdańsk
Feb 19, 2021 // Markets & Finance News, Storage, NORTHVOLT, Poland, Europe, Peter Carlsson, Emad Zand
ComEd record finds financial investments in domestic solar, energy efficiency benefit all consumers
ComEd today reported to the Illinois Commerce Compensation (ICC) that property customers are receiving cost savings and clean power benefits from the Future Power Jobs Act (FEJA) and that these benefits are higher than the prices to clients.
Feb 19, 2021 // Residential, Markets & Finance News, efficiency, ComEd, Joe Dominguez, FEJA
Mosaic join Freedom Forever in 'win-win' collaboration
Financing system Mosaic has signed up with pressures with US residential solar installer Freedom Forever.
Feb 19, 2021 // Residential, Markets & Finance News, USA, Mosaic, Billy Parish, North America, freedom forever, Brett Bouchy
JinkoSolar signs 59GW solar glass supply deal with Flat Glass Group
Major 'Solar Module Super League' (SMSL) participant JinkoSolar has protected a three-year solar glass supply contract with Flat Glass Group, amounting to the equivalent of 59GW of PV modules.
Feb 19, 2021 // Manufacturing News, Markets & Finance News, JinkoSolar, longi solar, Kangping Chen, flat glass co
COP26 will certainly 'push energy' on PPA market
This year's 26th UN Climate Change Conference of the Parties (COP26) could be a stimulant for development in the exclusive solar market, according to a panel of sector leaders.
Feb 19, 2021 // Markets & Finance News, UK, Europe, power purchase agreement, sfieu, solar ppa, Tom Williams, cop26, climate change conference, dowling llp
Nordic Solar purchases 48.5-MWp solar park in Portugal from Chint
Danish energy business Nordic Solar stated today it has closed the purchase of a 48.5-MWp solar project in Portugal from Chinese developer Chint Solar, without giving economic information.
Feb 18, 2021 // Markets & Finance News, Portugal, Europe, Solar Park, Nordic Solar, Nikolaj Holtet Hoff
SunPower enhances earnings 2.9% in transformational year
United States solar installer SunPower reported a 2.9% increase in annual earnings in 2020 in spite of total installations falling 5% in what the firm has actually called a transformational year.
Feb 18, 2021 // Commercial, Residential, Markets & Finance News, USA, SunPower, North America, Maxeon Technologies
Tigo Energy Crosses Threshold of 75 GWh of Collective Reclaimed Energy
Performance improvement showed in over 18,000 installations for installers like Project Solar UK Tigo Energy, Inc., the solar market worldwide leader in Flex MLPE (Module Degree Power Electronics), revealed today that the firm has surpassed 75 GWh of Reclaimed Energy because 2009 for around the world setups using the firm's industry-leading optimization solutions.
Feb 18, 2021 // Markets & Finance News, UK, Europe, Tigo Energy, Project Solar, Steve Wallace, JD Dillon
Sunrun broadens even more right into Florida with Miami offering
United States domestic solar leader Sunrun has broadened into Miami, Florida, furthering its reach in the Sunshine State.
Feb 18, 2021 // Residential, Markets & Finance News, USA, TESLA, Sunrun, North America, Jason Norendale
Short-term PPAs the trick to unlocking Poland's exclusive solar market
Much shorter purchasing contracts with private business could be a "profitable" temporary income for Poland's solar market.
Feb 18, 2021 // Markets & Finance News, PPA, Poland, auctions, Europe, baywa r.e., corporate ppa, european solar, Joaquim Barbosa, Maria Merdzhanova
BayWa r.e. draws out installing system division novotegra
BayWa r.e. has spun out its placing system production arm into a new service unit, called novotegra.
Feb 17, 2021 // Residential, Markets & Finance News, Germany, Europe, baywa r.e., mounting systems, novotegra, Thomas Pfaff
SolarEdge posts income record but fast development story draws to a close
Significant PV inverter supplier SolarEdge Technologies reported year-on-year revenue development of just 2.4% in 2020, compared to growth rates of over 50% per annum in recent years.
Feb 17, 2021 // Markets & Finance News, Inverters, USA, Europe, solaredge technologies, pv inverters, North America, Zvi Lando
Canadian Solar partners with Macquarie for Japanese PV push
Canadian Solar has elevated JPY22 billion (US$ 208 million) for its Japan Environment-friendly Framework Fund (JGIF), which will certainly develop and also collect solar projects in the Oriental country.
Feb 17, 2021 // Markets & Finance News, Japan, Canadian Solar, Asia, Macquarie Group, Shawn Qu, Japan Green Infrastructure Fund, JGIF