Solar Markets & Finance News

Scatec Solar has actually elevated more than US$ 500 million in an exclusive placement simply days after it announced the US$ 1 billion procurement of hydropower firm SN Power.

While renewables were the largest source of generation in Europe for the sixth consecutive quarter, solar outcome in the continent diminished during Q3, a new report from energy information analyst EnAppSys says.

Capital Dynamics, an independent worldwide exclusive possession monitoring company, today revealed that the joint endeavor entitled Sol Customer Solutions between its Clean Energy Infrastructure (CEI) business as well as Sol Systems, among one of the most seasoned solar financing and growth systems in the United States, has actually secured a Distributed Generation (DG) Tax Equity Commitment from Bank of America.

A round-up of the current information from the solar project growth as well as money sub-sectors, consisting of news from Canadian Solar, Capital Dynamics and also Huawei.

Poland's biggest utility plans to develop 3GW of solar PV over the following ten years as it seeks to increase decarbonisation initiatives as well as come to be carbon neutral by 2050.

The expense of producing power from utility-scale solar continues to decline and also keep competitiveness with the low cost existing fossil fuel-powered plants, driven mostly by ongoing modern technology enhancements.

JinkoSolar has actually penciled a module supply arrangement to supply bifacial panels for Europe's largest bifacial solar project to date.

Record Q3 profits has actually helped significant merchant solar cell producer Aiko Solar reported nine-month revenue development of 49.45%, contrasted to the previous year period, exceeding the firm's full-year 2019 profits figure.

EDF Renewables North America (EDFR) has actually completed the procurement of nearly 4.5 GWac of solar property portfolio located throughout the Pennsylvania, Jersey, Maryland (PJM) area in the United States from Geenex Solar (Geenex).

Mahindra Susten, a renewable energy business of India's Mahindra Group, has actually reportedly gotten deals from 6 financial investors for its 600MW of solar properties.

Invesco's Solar ETF (TAN) has turned into one of the market's best exchange-traded funds, up practically 139% year to day as well as checking as former Vice President Joe Biden leads President Donald Trump in presidential election surveys.

US President Donald Trump's plan to reverse the exemption for bifacial panels within Section 201 profession tariffs look readied to be warded off once more.

Harmony Energy is establishing its sights on quickly broadening its profile of projects in the UK, thanks to a financial investment from Ritchie Bland Energy (RBE).

Scatec Solar has actually struck a US$ 1.1 billion bargain to obtain leading hydropower developer SN Power, proclaiming the capacity for floating solar on hydro storage tanks.

Penn State University has actually begun buying sustainable power produced from 3 Lightsource bp solar farms that have actually finished building and construction in Franklin County, Pennsylvania. The projects were launched in 2019 upon the finalizing of a 70-MW PPA under which Penn State would certainly purchase 100% of the electricity created by the projects created and also operated by Lightsource bp.