Solar Markets & Finance News

Belltown Power Texas, a leading programmer of utility-scale solar projects, has finished the growth and sale of 5 projects adding up to 750 MW throughout the training course of 2020, which brings the total Belltown track record to 930MW.

Masdar Clean Energy of the UAE has actually accomplished the very first closing on the acquisition of half of a 1.6 GW clean-energy portfolio in the United States from EDF Renewables The United States And Canada.

UAE-based solar programmer Yellow Door Energy has increased $31.2 million finance to develop dispersed solar projects in Jordan.

US energy innovation firm and microinverter supplier Enphase Energy Inc. has agreed to obtain the Solar Design Services service of DIN Engineering Services LLP.

Significant inverter manufacturer SMA Solar Technology has actually reported preliminary full-year 2020 economic outcomes which fulfilled the reduced end of guidance, yet also reported a mild decrease in fourth quarter sales paired to dropping gross margins.

Renewable energy company Leeward is backing its purchase of First Solar's 10GW project pipeline to enable it to contend within the US' solar landscape.

If the name Search Oil rings a bell, it should. As an affiliate of US-based Search Consolidated, it belongs to a $4 billion oil and also gas empire and among the biggest independently held firms in the US. If any individual would want removing the renewable resource revolution at the knees, that would be Quest Consolidated. However, Hunt has started a years-long perovskite solar cell endeavor, and it resembles all that effort will pay off.

Italian energy giant Enel SpA (BIT: ENEL) on Thursday released initial results for 2020, showing that, at EUR 17.9 billion (USD 21.4 bn), regular EBITDA stayed unchanged contrasted to the exact same period a year prior.

Fraunhofer ISE spin-off NexWafe has actually elevated EUR10 million in a new Series B round of funding as the business transfers to another pilot production stage.

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.