Solar Markets & Finance News

Azure Power improved loss in FQ2
Indian independent solar energy producer Azure Power Ltd. announced its consolidated results for the monetary 2nd quarter 2021 (FQ2 2021), period ended September 30, 2020.
Nov 11, 2020 // Markets & Finance News, Azure Power
6 US energies to purchase 4 GW solar plants
Six US-Midwest energies anticipate to spend more than a combined $15.6 billion over the following several years to install or get roughly 4 GW of solar generation, greater than 3.6 GW of wind generation as well as just over 1 GW of electric battery storage, according to working as a consultant S&P Global Platts.
Nov 11, 2020 // Plants, Markets & Finance News, USA, North America, Xcel, dte energy, WEC Group, CMS Energy, Ameren Energy
Trina improved revenue and profit in Q3
Trina Solar Co., Ltd. introduced increasing profits and revenues in the very first 3 quarters. The business reported total understood revenue of CNY 19.93 billion ($3 billion), a year-on-year increase of 18.66 percent, with third-quarter recognized revenue accountancy for CNY 7.38 billion.
Nov 11, 2020 // Markets & Finance News, China, Asia, Trina Solar, Vertex Modules
Colombia prepares 2021 renewables auction to become 'leader in Latin America's power shift'
The federal government of Colombia has actually introduced plans to hold a renewable energy auction in the very first quarter of 2021 that it says could stand for an investment of greater than US$ 6 billion in the nation.
Nov 11, 2020 // Plants, Markets & Finance News, UTILITY-SCALE SOLAR, South america, Latin america, auctions, auction, tenders, Colombia, Iván Duque, upme
Amarenco targets 3GW of under-construction solar by 2023 after shutting funding offer
Independent power manufacturer (IPP) Amarenco Group has safeguarded EUR150 million (US$ 176.8 million) in financing as it aims to increase solar project growth in Europe and also Asia.
Nov 11, 2020 // Markets & Finance News, Ireland, Europe, Asia, large-scale solar, amarenco, amarenco france
Lightsource BP inks 1.4 GW solar tracker offer
Variety Technologies' tools will certainly be released with projects in the US, Australia and also Spain
Nov 10, 2020 // Plants, Markets & Finance News, USA, Spain, Australia, Lightsource BP, Europe, Oceania, North America, Nick Boyle
Spain will tender 10 GW PV till 2025
Spanish Ministry for Ecological Transition and Demographic Challenge (MITECO, Ministerio para la Transición Ecológica y el Reto Demográfico) introduced the "minimal quantities" to be tendered in renewable energy public auctions in the duration 2020-2025.
Nov 10, 2020 // Markets & Finance News, Spain, Europe, miteco, Teresa Ribera Rodriguez
Statkraft to acquire Solarcentury
Norwegian state-owned electricity supplier Statkraft has signed an arrangement to obtain the British solar developer Solarcentury.
Nov 10, 2020 // Markets & Finance News, UK, Europe, solarcentury, Statkraft, Christian Rynning-Tønnesen
Renewables defies COVID to establish brand-new records in 2020, will certainly speed up even more in 2021
Renewables will certainly be in charge of almost 90% of brand-new power capacity this year as the field shrugs off COVID-19, with an even better 2021 imminent.
Nov 10, 2020 // Markets & Finance News, USA, UTILITY-SCALE SOLAR, India, China, Europe, Asia, North America, IEA, Fatih Birol, covid-19, pandemic
Australia's Northern Territory eyes 'electrical energy superhighway' to make it possible for renewables assimilation
The growth of long-distance transmission links that can support the development of renewable energy areas in Australia's Northern Territory (NT) is being explored by the city government.
Nov 10, 2020 // Plants, Markets & Finance News, Storage, Grids, Northern Territory, Australia, solar-plus-storage, Oceania, renewable energy zone, transmission line
Europe 'losing energy storage space race'
Wood Mackenzie claims government auctions need to incentivise flexible power
Nov 10, 2020 // Markets & Finance News, Storage, Wood Mackenzie, Europe, Rory McCarthy
Solar Rooftop Leader Esdec Continues On Acquisition Trail In US, Acquires PanelClaw
Esdec, the global rooftop solar placing services company, announced the other day that it has acquired PanelClaw, the biggest vendor of solar installing systems for business roofs in the U.S. With the procurement of PanelClaw, Esdec increases its customer base as well as profile of products available to the growing industrial and commercial (C&I) solar market.
Nov 10, 2020 // Markets & Finance News, USA, North America, esdec, costa nicolau, PanelClaw, solar acquisitions, stijn vos
NeoVolta Reveals 211% Quarter-On-Quarter Boost in First Quarter 2021 Incomes
Rise in Wholesale Dealers as well as Installers Drives Revenue Growth NeoVolta, manufacturer of Smart Energy Storage Systems, has revealed financial outcomes for the very first quarter 2021.
Nov 10, 2020 // Markets & Finance News, Storage, California, USA, ENERGY STORAGE, North America, NeoVolta, Brent Willson
Just how to speed up solar fostering for the underserved
As roof solar rates have fallen, several households at all revenue levels can now save cash by going solar. However, low- and moderate-income homes continue to be much less likely to adopt solar than high-income homes. So, scientists at the Department of Energy's Lawrence Berkeley National Laboratory (Berkeley Lab) set out to examine if specific policy and also service designs could improve adoption equity in terms of family revenue.
Nov 10, 2020 // Residential, Markets & Finance News, Rooftop PV, USA, rooftop PV, North America, Berkeley Lab, Eric O'Shaughnessy, Galen Barbose, Ryan Wiser, Sydney Forrester, Naim Darghouth
Array Technologies beats expectations in spite of Q3 profits slide in initial outcomes given that IPO
Solar tracker supplier Array Technologies stated it defeated expectations throughout Q3 regardless of a slide in year-on-year earnings associated with moving purchase patterns.
Nov 9, 2020 // Markets & Finance News, USA, trackers, North America, Array Technologies, solar trackers, single axis trackers, Jim Fusaro