Solar Markets & Finance News

BMW now has Half a Million Electric Vehicles on Road
The BMW Group has reached another electro-mobility milestone and already delivered half a million electric vehicles to customers worldwide.
Dec 20, 2019 // Markets & Finance News, Transport, Germany, Europe, electric vehicles, BMW Group, Sebastian Mackensen, Oliver Zipse, Pieter Nota
Denmark bets on green hydrogen
The Danish government has agreed to provide $19 million in funds for two large-scale hydrogen projects under development on the Jutland peninsula. The two projects will produce green hydrogen for the transport sector from renewables sources. Denmark’s largest energy company, Ørsted, has also announced plans for an ambitious 2 MW electrolysis plant with appurtenant hydrogen storage.
Dec 20, 2019 // Technology, Plants, Large-Scale, Markets & Finance News, Storage, Solar to Fuel, Europe, hydrogen, Ørsted, hydrogen storage
1366 Technologies Adds $18m in its Quest to Obtain Cheaper Solar Cells
1366 technollogy investing so much to ensure that they spend less time forming wafer with the use of molten silicon.
Dec 20, 2019 // Technology, Manufacturing News, Markets & Finance News, USA, solar cell, wafer, North America, 1366 technollogy
TERI Issue Tender for Battery Energy Storage System in Delhi
A few weeks ago, TERI raised tenders to commission Battery Energy Storage Systems on turnkey.
Dec 20, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, tender, TERI, Battery Energy Storage, Delhi
Poland’s auction for wind and solar over 1 MW concludes with lowest bid of $0.0424/kWh
Wind took the largest share of the awarded capacity, according to the preliminary results, but newly introduced limitations for such projects helped solar to take a significant portion of the allocated power for the first time in a Polish energy auction, with the highest bid coming in at $0.0608/kWh.
Dec 19, 2019 // Markets & Finance News, Tariffs, Poland, Europe, auction, ERO
Foresight bags maiden EDF PPA deal for Spanish project
Solar investor Foresight has penned a 10-year power purchase agreement with EDF Trading for a 50MW project in Spain.
Dec 19, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, PPA, EDF, Europe, subsidy-free, foresight froup, Carlos Rey, Philipp Büssenschütt
Solaria Signs A 105MW Power Purchase Agreement Energy Deal with Alpiq Trader
According to Medio Ambiente, Solaria Energia has signed an agreement to sell three PV installations with a capacity of 105 MW to Alpiq - a Swiss energy trader.
Dec 18, 2019 // Manufacturing News, Markets & Finance News, pv power plants, solar pv, David Guengant, Solaria Energia, Alpiq Trader
Solar Frontier secures financing for 210-MW Mustang Two solar project
Solar Frontier Americas has closed on the tax equity commitment and debt financing for its 210-MW Mustang Two solar project in Kings County, California.
Dec 18, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, California, USA, North America, Charles Pimentel, Solar Frontier
An Italian buys PV Proponent Renovalia from a Spanish Merchant
Spain’s renewable credentials have attracted the eye of an Italian infrastructure investor. Already, the Italian has acquired a PV Developer and the merchant projects it was working on.
Dec 18, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Italy, pv power plants, solar pv, Renovalia, Europe, m&a, f2i
Envision Bags Solar Powered EV Charging Solutions Contract in Massachusetts
The State of Massachusetts has awarded Envision Solar a statewide contract for the deployment of EV ARC transportable solar-powered EV charging solutions
Dec 18, 2019 // Markets & Finance News, Storage, Transport, USA, Massachusetts, North America, ev charging, Envision Solar, Desmond Wheatley
Australian developer ESCO Pascific sells 49% of their stake to Shell
Shell now has a firm grip on the Austria’s energy market after it bought 49% stake of the utility-scale PV developer ESCO Pacific. A few weeks ago, the oil mogul acquired ERM Power for AU 617 million (US$425 million).
Dec 17, 2019 // Markets & Finance News, Australia, Oceania, shell, ESCO Pascific, erm power
First Solar sells three utility-scale projects to EDP, ConnectGen
First Solar announced that a partnership composed of EDP Renewables and ConnectGen has completed the acquisition of three projects with a total nameplate design of 278 MWAC in the United States. First Solar previously disclosed that the sale of these projects were subject to certain conditions precedent for closing that have since been satisfied.
Dec 17, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, First Solar, EDP Renewables, North America, ConnectGen, Miguel Prado, Caton Fenz
Spain’s Dhamma secures environmental nod for 554MWp of Mexican PV
Mexican solar has witnessed the latest utility-scale move of a year of project milestones and policy uncertainty, with a new major pipeline sponsored by a Spanish player.
Dec 17, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Canadian Solar, pv power plants, solar pv, Mexico, North America, Marco Nieto-Vázquez, Dhamma Energy, Baker McKenzie
Engie, Tokyo Gas secure $60m loan for Mexican renewables portfolio
The private sector subsidiary of the French Development Agency is backing the construction of four solar power plants and two wind farms with a combined generation capacity of 900 MWp.
Dec 17, 2019 // Markets & Finance News, Engie, Mexico, North America, Tokyo Gas
Baywa re sells German grid-parity solar plant to Encavis
The Munich-based group sold five solar parks with a total generation capacity of around 35 MW to the Hamburg-headquartered power producer. One of the five plants was among Germany’s first unsubsidized PV projects.
Dec 17, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Germany, Europe, encavis, Baywa re, Matthias Taft, Karsten Mieth