Solar Markets & Finance News

Shorter power acquisition contracts (PPA) might become extra commonplace in Europe's solar market as developers strive to bring on more companies and energies as offtakers, according to a panel of sector leaders.

Greek commercial group Mytilineos claimed 2020 turnover from its renewables and storage advancement device was around 40% less than anticipated due to contracting and also building delays as a result of the coronavirus pandemic.

Ecofin United States Renewables Facilities Trust PLC (LON: RNEW) claimed today it has actually finalised the purchase of a 49.5% cash money equity interest in a 107.8-MW portfolio of utility-scale solar projects in California.

Programmer has likewise selected former Arise Windpower CEO Peter Nygren as executive VP of operations

Spruce Power has added batteries and EV chargers to its financing portfolio offers. Formerly known as Spruce Finance, the firm already serves 80,000 homeowners with leased solar power systems or energy efficiency upgrades.

Scatec said it went through a "transformational" year in 2020, with its complete renewables pipeline currently standing at a record high of 10.5 GW.

Tidy energy company AMP has partnered with solar dealer Segen to supply even more companies as well as organisations solar power.

French international electrical energy company ENGIE has announced that as of 1 January 2021, it has actually merged its Africa portfolio with the MESCAT department (the Middle East, South and Central Asia, and Turkey), creating the enlarged service unit ENGIE MESCATA, headquartered in Dubai, UAE.

AzkoNobel, which owns paint brand Dulux, has actually authorized a lasting agreement with Asian C&I specialist Cleantech Solar to mount three rooftop planetary systems at its websites in Thailand and Malaysia.

European PV asset owners need to ensure they have the ideal abilities and knowledge to effectively operate in the continent's power purchase arrangement (PPA) market, according to panellists speaking today at the Solar Finance as well as Investment Europe meeting.

210MW portfolio spans five plants in California, Indiana and Alabama

Redditors targeting silver positioned to move solar-panel prices

Fund management company Kobus Partners introduced today it has actually refinanced a 37.7-MWp solar portfolio in Spain, safeguarding an overall of EUR 207 million (USD 250m) from crossbreed bonds as well as project finance purchases.

German renewables programmer Baywa r.e. revealed today it has actually marketed a 35-MWp solar farm situated in Japan's Ibaraki prefecture.

Adani Green Energy has introduced that its subsidiary ASE4PL has appointed 100 MW (2 x 50 MW) solar energy plants in UP.