Solar Markets & Finance News

The unsubsidized market is taking another step forward in Germany with the news of two projects all set to market power to the wholesale market along with through PPAs.

The Chinese solar manufacturer delivered 4.46 GW of modules for turnover of $1.2 billion from April to June and expects to relocate 20 GW of panels this year.

Canadian Solar Inc., a manufacturer of solar photovoltaic modules and also supplier of solar power options, has finished the sale of the Suffield Solar Project to BluEarth Renewables, an independent power manufacturer that acquires, establishes, constructs, owns and runs wind, hydro as well as solar facilities across North America.

SunPower has secured funding dedications from Hannon Armstrong Sustainable Infrastructure Capital Inc. and also various other resources companies for its property solar lease program, as well as its new solar+ storage space program-- the SunPower Equinox system with SunVault storage space.

QuantmRE, a property fintech company, has formed a strategic partnership with Florida-based SolArmy to offer debt-free funding choices to home owners who desire to include photovoltaic panels to their residences with no lendings as well as no monthly settlements.

US-based solar tracker manufacturer Array Technologies is seeking to raise as much as US$ 100 million with an initial public offering (IPO).

Financial options business Solarise Africa has actually elevated US$ 10 million to sustain its investment in solar PV projects in Kenya, Rwanda and South Africa. The business has actually also set its sights on more "challenging" territories, like the DR Congo, Chad and Sierra Leone. CEO Jan Albert Valk spoke with pv magazine about the company's plans, as well as the "overwhelming" demand for more renewable resource investment on the African continent.

Both the existing standing, as well as the future of, solar PPAs in the Turkish market as a vital device for raising PV capacity has actually ended up being a commonly gone over subject. This is specifically because of the fact that after mid-2021, the future of YEKDEM (Turkey's neighborhood FIT routine) doubts. The motivations could be less than expected, or perhaps inaccessible for some innovations. This has actually elevated the question of alternative financing devices relative to brand-new investments.

Solar market individuals have actually created a brand-new Australian-manufactured rail for PV modules that has actually been crafted to ensure security and also durability, while accommodating the needs of installers that work with residential and business roof projects.

The two power titans have actually revealed strategies to pivot away from nonrenewable fuel source properties as they expand their sustainable footprints.

The New Delhi-based designer is intending a 50 MW plant after the 100 MW facility originally proposed was prevented by the power emptying equipment offered at the Khulna website.

PowerMarket, an employee-owned area solar administration services business, has actually partnered with SunRaise, a New England solar energy developer, proprietor and operator, to bring community solar projects to Maine.

Nautilus Solar Energy, a national solar project purchase, advancement as well as asset administration company, got 2 solar portfolios from Pine Gate Renewables in Oregon as well as Rhode Island totaling about 17 MW. Both advancements remain in the early-to-mid stages. Nautilus will certainly take each portfolio to completion and also be in charge of the long-term possession management and also maintenance solutions for the projects.

Investment firm Blackstone has actually created a brand-new portfolio firm that will finance and also possess dispersed energy assets concentrated on business, commercial and institutional customers.

The Dutch government awarded 3.91 GW of renewable-energy capability in the program's most current round. It reserved EUR4 billion for the workout, but just used EUR3.3 billion, consisting of EUR2.1 billion for PV.