Solar Markets & Finance News

Pair of projects in Ciadad Real have begun construction as well as schedule online in 2024

Israeli renewables designer Enlight Renewable Energy Ltd (TLV: ENLT, NASDAQ: ENLT) has inked an agreement to supply power to a new office campus people software company Amdocs (NASDAQ: DOX).

German polymer products manufacturer Covestro AG (ETR:1 COV) has actually struck a virtual power purchase agreement (vPPA) with the United States subsidiary of Denmark's Ørsted A/S (CPH: ORSTED) to resource 90 MW of solar power for its site in Baytown, Texas.

Spanish solar developer and also installer Solar Energy Structure has actually signed a definitive agreement for the divestment of as much as 90 MW of solar (PV) projects to an unrevealed provided European independent power producer.

Germany should introduce a separate auction for agrivoltaic solar projects to take advantage of the dual use agricultural land and also reach the targeted installed solar capacity of 215 GW by 2030, according to energy and also water industry association BDEW.

The purchase covers over 1GW of capacity

A project from Oklahoma State University was picked to receive a $750,000 grant from NASA.

The Queensland federal government in Australia launched a draft costs that legislates an 80% renewable resource target by 2035 and sets an objective to transform the state's coal-fired power stations into clean energy hubs.

The European Investment Bank (EIB) revealed on Friday it is giving a EUR-200-million (USD 215.2 m) lending to Sicredi, a Brazilian participating banks, to fund the application of solar systems on homes, small as well as medium-sized companies, as well as rural properties.

US utility-scale solar developer Heelstone Renewable resource LLC has actually secured USD 357 million (EUR 333.9 m) in the red funding to support the building and construction and operations of 5 utility-scale solar projects with a consolidated straight current (DC) capacity of concerning 345 MW.

The Ohio Air Quality Development Authority (OAQDA) issued $275 million in air quality revenue bonds to finance Madison Fields Solar Project in Madison County, Ohio.

Goldbeck Solar, a Germany-based solar power solutions company, is rebranding its North American EPC Division, formerly known as GP JOULE EPC North America. Effective immediately, the division will currently run under the name Goldbeck Solar.

Power plants in Spain created 54% of their electrical energy from clean as well as eco-friendly sources in May, Spanish grid operator Red Electrica de Espana (REE) stated in its estimates report for the month.

Poland gets on track to connect greater than 6 GW of new solar photovoltaic (PV) systems to the grid in 2023, bringing the cumulative solar capacity in the country to over 18 GW, according to quotes by the Institute for Renewable Energy IEO.

Solar project programmer and also driver Emeren Group (NYSE: SOL), narrowed its first-quarter net attributable loss to USD 194,000 (EUR 208,780) as revenues practically tripled as well as costs declined.