Solar Markets & Finance News

German energy company EnBW Energie Baden-Württemberg AG is gradually putting Germany's largest solar park right into procedure in Werneuchen (Brandenburg). While the first kilowatt hours are being fed into the grid, the construction of the 187 MW Weesow-Willmersdorf plant proceeds. Around 70 percent of the modules have been mounted. Both transformer terminals, whereby the electrical power produced in the solar park is fed into the 110-kilovolt high-voltage line, are ready for procedure.

The Asian Development Bank (ADB) has authorized a $600 million financing to aid the State Electricity Corporation (PLN), Indonesia's state-owned power firm, expand power access and also advertise renewable energy in eastern Indonesia. The program additionally includes 2 gives, at $3 million each, from the Japan Fund for Poverty Reduction and also the Asia Clean Energy Fund.

US renewables owner Vesper Energy is set to accelerate the growth of its solar and also storage pipe in North America after shutting a letter of credit facility for approximately US$ 100 million.

Renewables financier Cubico Sustainable Investments has finished the acquisition of 2 solar projects from designer RES, completing 270MW of generation capability.

Chilean authorities have revealed strategies to carry out an auction next year, looking to acquire 2,310 GWh of eco-friendly power from generation and also storage.

New Financing Will Fast-Track the Development of Its 3 GW Solar, 2.5 GWh Energy Storage North American Project Pipeline

Coal India (CIL) has actually announced plans to invest Rs56.5 bn ($ 763m) over the following 4 years to develop 14 solar power projects in the nation.

Savion introduced Dominion Energy Virginia signed a PPA to receive 75 MW of renewable solar power with the Wythe County Solar Project, located in Wythe County in Southwest Virginia. The power purchase arrangement undergoes approval from the Virginia State Corporation Commission as part of a current Dominion Energy declaring.

Independent power manufacturer Sonnedix will certainly increase investment in Europe via a brand-new collaboration with a fund handled by French possession manager Amundi.

Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), among the world's largest solar power firms, announced that it just recently authorized a power purchase arrangement (" PPA") with BTG Pactual (" BTG", B3: BPAC11) and that it was granted with two projects in an exclusive auction by Furnas Centrais Elétricas (" Furnas") for a total of 862 MWp in solar energy projects in Brazil.

Boralex Inc. has signed a bargain to buy regulating passions in seven solar energy plants in the United States from Centaurus Renewable Energy LLC and also various other capitalists for $283 million.

'Pioneering' ₤ 40m green energy bargain can give a blueprint for regional authorities

Maxeon Solar Technologies, Ltd. introduced its financial outcomes for the third quarter ended September 27, 2020.

The U.S. Department of Energy (DOE) introduced choices for $130 million in brand-new projects to advance solar technologies. DOE will money 67 research study projects throughout 30 states that lower the price of solar, raise U.S. manufacturing competitiveness, and improve the dependability of the nation's electric grid.

US domestic solar installer as well as renting company Sunrun will certainly aggregate residence solar-plus-storage systems right into a virtual power plant (VPP) efficient in giving 5MW of grid support, with California utility Southern California Edison (SCE).