Solar Markets & Finance News

The Asian Development Bank (ADB) is joining a US$ 186 million financing for a solar plant in Vietnam, in a bargain which includes the initial environment-friendly B car loan in Asia. The funding comprises a US$ 27.9 million loan funded by ADB, as well as a US$ 148.8 million syndicated financing (B financing) moneyed by industrial banks with ADB as loan provider of record, plus a US$ 9.3 million funding from Leading Asia's Private Sector Infrastructure Fund (LEAP).

Currently in it's 2nd round, the SunForAll Solar Fund has actually granted moneying to 5 added not-for-profit organizations for a combined $4,132,640 of solar projects in San Diego.

Solar power gamer Fourth Partner Energy has recently claimed that it has consolidated Titagarh Wagons Ltd to supply 4.8 megawatts (MW) solar energy to energize the latter's three manufacturing units in West Bengal.

A team of profession organisations as well as solar firms have launched a brand-new initiative that aims to boost variety as well as addition in the market.

Siemens and also Macquarie Group have developed a brand-new joint venture that will develop distributed power sources such as solar as well as battery storage for US corporations as well as organizations.

French renewable resource company Voltalia has been granted the agreement to construct a 12MW solar power plant at Blanket Mine in Zimbabwe.

US utility Duke Energy will certainly increase investing by billions of bucks to satisfy its renewable generation goals as well as increase coal plant retired lives.

Service means no upfront CAPEX and also agreements begin at 5 years

The Interministerial Committee of Strategic Investments of Greece placed a 1.48 GW solar power plant plan filed by Egnatia Group on the list for factor to consider. The business developed projects for numerous solar devices, estimating they would set you back EUR 888 million in total amount.

Polish photovoltaics (PV) installer Columbus Energy SA today stated it has actually authorized 2 contracts to buy 22 solar projects, each with a capability of concerning 1 MW.

US programmer Sunspin Solar stated it has actually authorized a power purchase arrangement (PPA) covering the complete result of its 70-MW/98-MWp Titan Solar 1 plant located in Imperial County, California.

Greece's Hellenic Petroleum SA (ATH: ELPE) has actually closed the acquisition of a 204-MW solar project profile at home from German developer Juwi.

Virginia-based household and also industrial solar company Sigora Solar LLC has acquired Californian solar energy remedies supplier Aztec Solar Inc as part of its development throughout the US.

The Australian Renewable Energy Agency (ARENA) will certainly widen its mandate to check out the development of power storage and also hydrogen after safeguarding fresh funding.

Sunrun, a leading carrier of residential solar, battery storage and power services, today revealed that it has actually finished its purchase of Vivint Solar which was at first announced on July 6, 2020. This adheres to authorization by regulatory authorities and shareholders of both business. With the deal total, Sunrun solidifies its position as the leader in home solar as well as energy solutions throughout the United States and also a top proprietor of solar possessions worldwide with more than 3 gigawatts of solar energy and more than 500,000 clients.