Solar Markets & Finance News

Avaada Energy, one of the leading green power firms in India, has actually obtained USD 10 million in financing from DEG, a subsidiary of the KfW Group.

Renesola Energy Nantong (a joint endeavor in between Zhongnan Industry as well as ReneSola Yixing), signed a collaboration agreement with Hai'An Economic as well as Technological Development Zone to set up the brand-new production. The complete investment of the project will be 2 billion yuan, generally for Solar PV Products as well as Sales.

American Electric Power's (NASDAQ: AEP) AEP Energy Partners subsidiary has actually authorized a lasting power purchase contract with Atlanta Farms Solar Project, currently being established by Savion, a renewable energy programmer, for the project's intended 200 MW outcome in Pickaway Co. Ohio.

United States distributed solar and also storage space company SunPower has actually joined the rankings people installers to bounce back from a COVID hit Q2, while elevating its support for the complete year.

Enphase Energy exceeded its profits support in the 3rd quarter as microinverter shipments rebounded highly on the back of a "significant" enhancement in worldwide demand.

The Uttarakhand Renewable Energy Development Agency (UREDA) has actually invited quotes to empanel firms to create 250 MW of solar power projects.

First Solar (FSLR) and also Enphase Energy (ENPH) both reported better-than-expected third-quarter profits late Tuesday. Consequently, FSLR stock and also ENPH supply, two leaders in the No. 1 ranked Energy-Solar group, shone brightly Wednesday on a dark day for the market generally.

Total has actually been granted 67 MWp of solar projects representing 20% of the quantities awarded in the eighth duration of nationwide solar tenders called France

JPMorgan Chase and also Brookfield Renewable today introduced a five-year power contract for providing clean, renewable electrical energy to over 500 of JPMorgan Chase's realty procedures in New York State.

Ningbo, China based Ginlong Technologies' has reported income in the first 3 quarters of 2020 at US$ 202 million, a year-on-year rise of 74% over the equivalent duration last year.

United States utility NV Energy has provided a request for propositions (RfP) for "significant additions" to its renewable energy portfolio.

Norwegian state-owned power business Statkraft AS has signed a power acquisition contract (PPA) with German renewables developer BayWa r.e to source electrical energy from its 41.7-MW Tordesillas solar farm project in Spain.

China-based PV backsheet and high-efficiency PV module producer Jolywood (Suzhou) Sunwatt Co (Jolywood) has actually reported record 3rd quarter 2020 profits and earnings, while going beyond 2019 full-year monetary cause the initial 9 months of 2020 as it remains to perform on high-efficiency n-type TOPCon module deliveries to utility-scale PV nuclear power plant projects.

As part of its new offering, the Tesla Energy Plan, the tech giant is supplying the highest possible Solar Export Guarantee (SEG) tariffs in the UK.

Designer wins 67MW in eighth CRE tender positioning it second after Engie for a lot of capacity awarded