Solar Markets & Finance News

Northvolt secures $1.6 bn support for twin battery gigafactories
In a little over ten years, Northvolt aims to pour 150 GWh of batteries onto the European market, each year. The firm is also functioning to resource end-of-life batteries for half its raw materials.
Jul 29, 2020 // Markets & Finance News, Storage, NORTHVOLT, Sweden, Germany, Poland, Europe, Norway, Alexander Hartman, Peter Carlsson
Galp, ACS to set up JV for 2.9-GW Spanish solar portfolio
Spanish building and construction as well as design team ACS Actividades de Construccion y Servicios SA will certainly keep a minority stake in a 2.9-GW solar profile that Portuguese oil-and-gas significant Galp Energia SGPS SA consented to get earlier this year.
Jul 28, 2020 // Markets & Finance News, Spain, Galp, Europe, ACS
Technique Solaire protects EUR 25m, eyes 1-GW solar portfolio by 2024
Technique Solaire Group today stated it has protected EUR 25 million (USD 29.3 m) from existing shareholders Bpifrance and also the Credit Agricole Group, as the firm targets getting to 1 GWp of functional solar capability by the end of 2024.
Jul 28, 2020 // Markets & Finance News, Technique Solaire
Soltage as well as Basalt invest in 28-MW solar profile throughout three states
Independent power manufacturer Soltage and facilities equity investment fund Basalt Infrastructure Partners today revealed an investment in a 28-MW solar portfolio. The financial investment was moneyed by the Helios investment automobile that the partners created to have and operate solar possessions. The profile includes 10 solar projects situated in New Jersey, Illinois and South Carolina. All projects are incomplete as well as will certainly be put in service in 2020 and 2021.
Jul 28, 2020 // Markets & Finance News, USA, North America, Basalt, Soltage, Jesse Grossman
'Not unreasonable' to anticipate Gresham House to target larger capabilities as it continues to scale
Gresham House has made a variety of announcements as of late, making further acquisitions as well as targeting ₤ 15 numerous debt financing with a private offer of protected power bonds.
Jul 28, 2020 // Markets & Finance News, Storage, UK, Europe, Gresham House, Rupert Robinson
UK comes in second in new European PPA Index
Brand-new analysis has actually located that the UK has the 2nd highest percentage of jobs with PPA provides out of fourteen European nations.
Jul 28, 2020 // Large-Scale, Markets & Finance News, UK, PPA, Europe, Jason Tundermann
Portugal trims hydrogen project field as multi-billion-euro campaign changes gear
Portugal has actually selected a total of 37 potential green hydrogen projects, representing a total investment of around EUR9 billion (US$ 10.5 billion) to progress to the following phase of its selection procedure.
Jul 28, 2020 // Markets & Finance News, Portugal, Galp, Europe, hydrogen, green hydrogen, renewables, Smartenergy, apren, Marc Rechter
CIP Acquires 350 MW Solar Project in Texas; Shell to Purchase Power
SPDI as well as Avondale Solar have actually finished the sale of the 350 MW air conditioning Fighting Jays Solar PV project in Texas to an affiliate of CIP.
Jul 28, 2020 // Markets & Finance News, USA, Texas, North America, shell, International, Solar Project, Trevor Nash, AP Solar
US utility CPS Energy seeks to add up to 900MW of solar, 50MW of storage to portfolio
San Antonio, Texas-based utility CPS Energy is advancing initiatives to diversify its generation portfolio as it plans to amount to 900MW of solar, 50MW of battery storage as well as 500MW of brand-new modern technology services.
Jul 28, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, USA, Texas, Battery Storage, utility-scale PV, North America, utility, cps energy, Paula Gold-Williams
Renesola Secures USD 12 Million Financing for 19 MW Solar Project
ReneSola has effectively shut a bridge financing with Eiffel Energy Transition Fund to fund the building and construction of its 19 MW solar project in Poland
Jul 27, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, renesola, Yumin Liu, International, Josef Kastner, solar projects
Western Australia introduces AU$ 55m solar, storage investment in post-pandemic kickstarter
Western Australia will certainly spend AU$ 56.3 million (US$ 40.11 million) in solar power as part of a new renewable resource plan developed to kickstart the state's economy complying with the influences of the COVID-19 pandemic.
Jul 27, 2020 // Markets & Finance News, Australia, climate council, Oceania, covid-19, green recovery, Mark McGowan
sPower finishes up financing for firm's largest solar project to date
United States independent power producer (IPP) sPower has wrapped up financing for its biggest project to date after safeguarding a US$ 700 million construction/term car loan.
Jul 27, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, sPower, Virginia, pv power plants, North America, Brian Callaway, spotsylvania solar
Philippines' nexus technique for water as well as solar energy supply
The country's National Irrigation Administration will certainly bank on floating PV and also solar-powered irrigation to boost water and power supply. The Pantabangan as well as Casecnan dams, in the province of Nueva Ecija in the Central Luzon region, have been recognized as perfect locations for floating solar.
Jul 27, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, floating PV, Asia, Philippines
Umweltbank finances 110 MW solar project in Germany
Designer Anumar has actually secured the trademark of Norwegian renewables firm Statkraft on a 50 MW power acquisition agreement for the project and another 30 MW of generation capability has actually been awarded a feed-in premium tariff in a tender. Umweltbank supplied a EUR55 million lending.
Jul 27, 2020 // Markets & Finance News, Germany, tender, Europe, Anumar, Umweltbank, Thomas Benz
NTPC opens tender to acquire 1 GW of already-built solar projects
PV plants should have a minimum generation capacity of 50 MW (Air Conditioning) and offer power at a maximum price of Rs5/kWh.
Jul 27, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, India, pv power plants, NTPC, Asia