Solar Markets & Finance News

Renewable energy business Acciona has signed 2 virtual power purchase agreements (VPPAs) with international medicine firm Novartis to provide tidy energy for a duration of 10 years.

S-Power, a renewable energy Independent Power Producer (IPP), revealed an arrangement by the business's owners, the AES Corporation as well as Alberta Investment Management Corporation (AIMCo), to combine with AES' US-based tidy power advancement company. AES' wholly-owned clean power development service includes AES Distributed Energy and also a wind advancement team previously part of Advance Energy.

'Solar Module Super League' (SMSL) participant Trina Solar has actually officially rebranded its solitary axis tracker organization as well as latest product suite to simplify and enhance the Trina international brand, after obtaining the remaining 49% risk in Spanish monitoring service carrier, Nclave previously this year.

The exemption for bifacial photovoltaic panels from Section 201 tariffs in the US has ultimately been reversed, implying bifacial panels imported right into the United States are currently subject to tariffs of 20%.

Savion announced it has actually gotten to a clear-cut arrangement to market the Westmoreland Solar Project in Westmoreland County, Virginia. Falck Renewables North America as well as Eni New Energy U.S., via Novis Renewables Holdings, a collaboration with 51% as well as 49% shares respectively, authorized a contract with Savion to obtain the ready-to-build 30-MWDC (20-MWAC) project.

The plant, near Dimona, will include energy storage space. 27 applications were received in the pre-screening stage.

Developer claims it has actually secured 86% of the 7GW targeted global renewables capability build-out for 2019-2022

Spanish STi Norland S.L., supplier of PV trackers as well as fixed-tilt structures, has opened up a long-term workplace in Melbourne, Victoria, with the purpose of developing and also establishing its visibility in the Australian as well as Asia-Pacific solar tracker markets.

Trade body charges government of 'dead spot' over noninclusion of PV from statement of 10-point effort

French solar designers, financiers and utilities have claimed government strategies to cut subsidies for PV project owners would certainly cause an "economic disaster" that might threaten the nation's power shift.

Spanish renewables developer Iberdrola has actually signed a power purchase arrangement (PPA) with pharmaceutical firm Bayer to supply 100% renewable power.

In the very first 9 months of 2020, German solar as well as wind power plant operator Encavis AG accomplished a year-on-year boost in sales of around five percent to EUR234.3 million ($277 million).

While the continuous COVID-19 pandemic may have initiated something of a freeze on new solar financing sell the US, substantial rate of interest in M&A continues to be as well as the inbound Biden administration can relieve the logjam.

Solar power in space, which has played such a key role in powering satellites so far, is currently in the spotlight for producing energy in the world also.

The United States Department of the Interior ought to promote brand-new solar projects by prioritising their development on public lands, a leading Democrat authorities has stated.