Solar Markets & Finance News

Axpo Holding AG signs new PPA with Sunnic Lighthouse GmbH: enjoy 38.4 GWh of renewable electricity annually until 2027! Get the details of this exciting energy deal here.

Bruc secures EUR 600 million to fund 8.5 GW of wind and solar projects across Spain, with financiers including Banco Santander, ING, Instituto de Credito Oficial, BNP Paribas and Intesa Sanpaolo. Financing to cover a substantial part of investments with energy storage projects also being developed.

Discover how Chile and Argentina are increasing their renewable energy sources, including solar-battery storage hybrid plants, 2.5GW of renewable energy projects, and 215MW of small-scale renewables. Find out their ambitious goals and learn more about renewable energy in the region.

Elera Renovaveis ​will provide 120 MWp of solar power to Rio de Janeiro's water and sewerage utility from the Janauba PV complex. With reliable technical, operational and maintenance services, the project will meet the energy needs of 1 million inhabitants.

Microsoft and Lightsource BP have signed a landmark solar PPA in Poland, furthering Microsoft's mission to become 100% carbon-free by 2025 and carbon negative by 2030. Experience the power of renewable energy as Lightsource BP aims to facilitate a shift to a carbon-free grid.

JA Solar continues its commitment to advancing solar energy in Bangladesh, supplying 150 MW of photovoltaic modules to a 275-MW DC solar park, with completion expected by the end of 2023. Partnering with Indian solar plant builder Rays Power Infra Pvt Ltd, JA Solar is creating more value in the local solar market.

Varco Energy secures £58 million in debt financing from NatWest to fund two 114MW Battery Energy Storage Systems in the UK. The projects will support UK's transition to net zero emissions, providing stability and load shifting services to the National Grid.

First Solar is advocating for trade enforcement as module prices reach record lows. Biden's duties on Chinese imports and US Inflation Reduction Act's new incentives could help strengthen US solar manufacturing. First Solar calls for a level playing field for fair competition.

Maxeon Solar Technologies announces purchase of SolarCA including their dealer channel operations and patent portfolio. This acquisition enables Maxeon to market their IBC solar panels in the US with a comprehensive nationwide dealer channel. Transaction to close 3rd quarter 2019.

Xylem and Lorentz partner to bring solar-powered and solar/grid hybrid pumping solutions to global customers, enabling water managers to meet decarbonisation goals while reducing costs. Not available in Australia.

CNGR Advanced Material and Al Mada have announced plans to set up a $2 billion industrial hub in Morocco for EV battery production with an annual capacity of 1 million vehicles. Strategic initiatives by Huayou & Gotion High-Tech result in a combined $26.3 billion investment in Morocco's automotive sector.

Enfinity Global has recently acquired solar assets in Colorado, producing enough to power 57,000 US households. $380 million raised to continue renewable energy development.

Yotta Energy closed an USD-8-million fundraising round to expand its solar power and energy storage solutions, led by Evergy Ventures and strategic investors BlueScope, Cricetus Felix Ventures, Copec WIND Ventures and EDP Ventures. Funds to expand manufacturing and deploy battery technology. Yotta Energy solutions incorporate solar, energy and EV charging technology into commercial buildings.

TotalEnergies is providing Saint-Gobain with clean energy from 100 MW of its 400 MW solar project in Texas, reducing emissions by 90,000 tonnes annually. This is the third PPA for Saint-Gobain in North America, helping reach its goal of carbon neutrality by 2050.

EDF Renewables UK expands its commercial and industrial presence with the acquisition of SAS Energy, a British solar installer. SAS Energy owns a portfolio of 45 projects in development and under construction, and EDF will now offer financed and capital-funded projects in the solar, electric vehicle, and battery storage sectors.