Solar Markets & Finance News

Significant merchant solar cell producer Aiko Solar might have increased initially half year revenue 30% compared to the prior year duration, but COVID-19 and solar cell typical cost declines, caused by weak demand, sent out internet profits falling by 68% year-on-year.

The government is seeking proposals for 200 MW of renewable energy capacity including two 30 MW solar parks to be built in either Santa Elena or Guaya provinces.

KilowattSol CEO Xavier Daval has actually criticized the absence of references to solar in the French government's post-Covid recuperation strategy, which has designated EUR30 billion to the power shift. The head of the PV technical advisory states solar must become a lot more main to France's critical choices as well as China must not be enabled to preserve its near-monopoly on PV panel manufacturing.

The nationwide utility has kicked off a procurement round to construct the country's very first significant PV project.

Cuba has recently broadened a 10-MW solar photovoltaic (PV) plant to 15 MW of overall capacity with the help of funding from the Abu Dhabi Fund for Development (ADFD).

Bulgarian chicken producer Gradus [BUL: GR6] said on Tuesday that its wholly-owned unit Gradus-1 has spent 1 million levs ($603,000/ 511,000 euro) in the building and construction of a 999.74 kWp solar park at its farm in Stara Zagora.

Solar and also wind power stand for a US$ 1 trillion financial investment possibility in Asia Pacific this years, equivalent to two-thirds of the area's total power generation industry, as countries move far from fossil fuel generation in favour of greener choices.

A new research has actually discovered that MNRE's off-grid and decentralised CST system must have a performance-based financial backing system

The renewables arm of Canadian tissue products maker Kruger Inc has actually unloaded a 523-MW mid-stage solar advancement portfolio in the US to local firm Ecoplexus Inc

Nearly a third of France's EUR100 billion (US$ 118.2 billion) coronavirus recuperation bundle will certainly be routed towards greener energy policies, as the nation increases expense on hydrogen manufacturing.

UK solar investor Foresight Solar Fund has actually concurred a EUR20 million offer to get a 26.1 MW solar project in Spain, the firm's initial in the country and its first ever subsidy-free solar financial investment.

ACWA Power has actually completed the signing of all financing agreements of the 900 MW fifth stage of the Mohammed bin Rashid Al Maktoum (MBR) Solar Park in Dubai.

Siemens Smart Infrastructure, in partnership with Fluence, was granted an agreement by the Portuguese power service provider EDA-- Electricidade dos Açores to develop a battery-based energy storage space system on Terceira, the second most significant island in regards to electrical usage of the Azores island chain in the Atlantic Ocean. The project intends to make the island a lot more sustainable as well as is scheduled for completion in 2021.

India's biggest private-sector thermal power producer-- which ranked as the sixth-largest solar gamer internationally in 2019-- has actually climbed to the top place adhering to a Solar Energy Corporation of India (Seci) award to create 8 GW of Indian solar project capability.

The federal government of Burkina Faso through the national power utility Sonabel, officially Societe Nationale d'electricite du Burkina Faso, has actually released a Notice of Invitation to Tender (AOO) requiring bids for the engineering, purchase, and also building and construction of four photovoltaic or pv solar power plants with a total capacity of 9 MWp in three different areas in the West African country.