Solar Markets & Finance News

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).

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