Solar Markets & Finance News

Southern Waters is thinking about getting electrical energy from generation facilities on its sites in southerly England. After introducing a request for info process last year, it is currently looking for quotes from independent power manufacturers.

2 of the big solar farms caught up in newly verified congestion problems in the New South Wales grid-- exposed by RenewEconomy on Monday-- have been drawn from sale.

The residential storage space market doubled last year, driven by disastrous blackouts that have actually consisted of wild fires, storms, as well as various other problems in countries all over the world. The growing global market for residential battery storage is being sustained by brand-new remedies that are linking roof PV properties to battery financial institutions controlled by powerful new software platforms. Huawei is entering placement to sustain the growing need with a brand-new collection of clever solar+ storage space solutions

Experts at Wood Mackenzie have looked at plans for the incoming years as well as wrapped up that concerning 119 production sites will be up and running by 2030. China presently sits firmly in the driving seat, with Asia Pacific making up 80% of international production ability, however Europe is catching up.

Module maker Seraphim has actually penciled a 150MW module supply handle dealer and solar importer Raystech.

Duke Energy is considering additional financial investments in solar projects in Florida and the Carolinas as it reels from a US$ 1.6 billion expense related to the termination of the Atlantic Coast Pipeline (ACP).

The new product is not commercially readily available yet, but in trials the materials presumably confirmed its technical and also cost-effective supremacy over NMC 622, NMC 811 and also NCA batteries.

Thermal power storage company Sunamp has increased ₤ 4.5 million in Series A funding to help support its international expansion.

Norwegian state-owned power titan Statkraft has actually scooped up the largest contract in Ireland's very first Renewable Electricity Support Scheme (RESS), with 2 solar farms amounting to 276MWp appearing effective alongside 57MW of onshore wind.

According to the Mining and also Energy Planning Unit (UPME), there are currently 385 projects completing 15 GW at various stages of advancement, consisting of 4 biomass, 17 wind, 93 hydro, 271 solar as well as 7 thermal.

As Facebook races to meet its objective of coming to be 100% powered by renewables by the end of this year, it has made an additional substantial financial investment in tidy power by signing contracts for 806 MW of brand-new solar and wind capability, with projects in Ireland and also the US states of Utah, Ohio, Illinois, and also Tennessee.

Reduced solar tariff trends can be attributed to developers' hopeless attempt to take advantage of the current situation in which just guard duty of 14.9% is applicable, according to JMK Research.

Danish designer European Energy has actually protected EUR96.5 million (US$ 113.59 million) in moneying for Italy's biggest solar park.

Independent power producer Sonnedix has finished EUR321 million (US$ 377.61 million) in non-recourse funding for 13 solar plants in Spain.

China's Yingli Solar is partnering with a variety of high-profile players in its domestic market to achieve mutually useful undertakings as well as promote the country's tidy energy market.