Solar Markets & Finance News

Adani Green Unit Secures Funding to Redeem $750M Bond, Significantly Deleveraging
Adani Green Energy secures funding to redeem $750 million bond, improving access to offshore financing and strengthening its balance sheet. Shares in Adani Enterprises also gain momentum.
Jan 29, 2024 // Markets & Finance News, Adani Green
First Solar Expands Ohio Manufacturing and Distribution Footprint
First Solar expands its manufacturing footprint in Ohio with a new distribution center, aiming to achieve 14 GW of US solar manufacturing capacity by 2026.
Jan 26, 2024 // Manufacturing News, Markets & Finance News, First Solar
Schroders Greencoat Acquires UK's Largest Solar Portfolio
Schroders Greencoat secures £700m solar portfolio deal, adding 53 operating solar farms to their existing 1.35 GWp capacity in the UK. Completion expected soon.
Jan 26, 2024 // Markets & Finance News, UK, Europe, Schroders Greencoat
Enel Subsidiary 3Sun Secures €560M for Solar Manufacturing Boost in Italy
Italian solar module manufacturing subsidiary 3Sun secures €560 million in financing for its Sicily plant, boosting Italy's manufacturing sector. The move comes as Germany faces challenges in solar manufacturing, highlighting opportunities in other parts of the EU.
Jan 25, 2024 // Manufacturing News, Markets & Finance News, Italy, Enel, Europe, HJT Solar
BlackRock Boosts Renewable Power with $500M Investment in Canadian Solar
BlackRock's $500 million investment in Canadian Solar's Recurrent Energy unit will boost renewable power and energy storage projects in the US and Europe, aligning with BlackRock's alternative asset ambitions. Canadian Solar shares surged 21% on the news.
Jan 24, 2024 // Markets & Finance News, Canadian Solar, BlackRock
Exus Expands US Solar Portfolio with 625MW Acquisition
Exus North America secures 625MW solar farm portfolio in New Mexico, bolstering the state's clean energy goals. Partners Group invests $1 billion, fueling Exus' expansion in North America.
Jan 22, 2024 // Plants, Commercial, Markets & Finance News, USA, North America, PV Power Plant, Exus
EUR 500m Fund Launched to Power Europe's Battery Revolution
EIT InnoEnergy and Demeter Investment Managers launch a €500m fund to invest in battery raw materials production, meeting the growing demand for electric vehicle batteries in Europe.
Jan 19, 2024 // Markets & Finance News, Europe, eit innoenergy, Demeter Investment Managers
ORIT Makes Strategic Exit from Spanish Solar Purchase
Octopus Renewables Infrastructure Trust (ORIT) demonstrates flexibility by terminating solar project option in Spain, resulting in a net gain of £3m and reflecting their disciplined approach to capital allocation.
Jan 19, 2024 // Markets & Finance News, Spain, Europe, Octopus, ORIT
Globeleq's Debt Restructuring Boosts South African Solar Power
Globeleq's debt restructuring for its solar plants in South Africa aims to reduce costs, lower electricity prices, and benefit local communities and shareholders.
Jan 19, 2024 // Plants, Commercial, Markets & Finance News, Africa, South Africa, PV Power Plant, Globeleq
Bloomberg Partners with Ørsted for Largest US Solar Project
Ørsted's largest solar project in the US, the Mockingbird Solar Center, will provide Bloomberg with renewable energy to cover 100% of its US electricity usage and 80% of global usage, while preserving native prairie and boosting the local economy.
Jan 19, 2024 // Markets & Finance News, USA, North America, Ørsted, PV Power Plant
Bluefield and Arcano Expand Italian Solar Portfolio with 7.2 MW Acquisition
Bluefield Revive Italia, a joint venture between Bluefield Partners LLP and Arcano Capital SGIIC SAU, acquires 7.2 MW of new photovoltaic parks in Southern Italy, aiming to revitalize operational solar assets facing various challenges.
Jan 16, 2024 // Plants, Commercial, Markets & Finance News, Italy, Europe, Bluefield, Arcano
TandemPV Secures $6M to Revolutionize Perovskite PV Market
TandemPV secures $6 million in funding, reaching a total of $27 million, to fuel research, development, and establish its first manufacturing facility. With 26% efficiency, their perovskite panels offer cost-effective power solutions.
Jan 16, 2024 // Technology, Markets & Finance News, perovskite, TandemPV
RedoxBlox Secures $25M to Revolutionize Energy Storage Technology
RedoxBlox secures $15.6 million in grants and financing to advance its thermochemical energy storage technology, aiming to revolutionize industrial heat applications and renewable energy storage.
Jan 15, 2024 // Technology, Markets & Finance News, Storage, RedoxBlox
EDP Renewables Expands French Solar Portfolio with 42 MWp Acquisition
EDP Renewables strengthens its position in the French market with the acquisition of 42 MWp of solar projects, combining renewable energy with agricultural activities.
Jan 12, 2024 // Plants, Large-Scale, Commercial, Markets & Finance News, France, Europe, EDP Renewables
Tata Power's $8.5B Clean Energy Push in India's South
Tata Power partners with Tamil Nadu government to invest $8.5 billion in clean energy projects, aiming to build 10GW of renewable energy and phase out fossil fuel capacity by 2045.
Jan 10, 2024 // Markets & Finance News, India, Asia, tata power