Solar Markets & Finance News

Giant solar project announced in DR Congo

President Félix-Antoine Tshisekedi Tshilombo has laid the structure rock for a substantial, 1 GW Kinshasa Solar City photovoltaic or pv project aimed at boosting the capital's power supply.

Aug 26, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, DR Congo, Solar Project, Félix-Antoine Tshisekedi Tshilombo

More details emerge of missing out on down payments as auditor decreases Panda Green's 2019 losses

There was rare great news for the continuing to be independent investors of the state-controlled solar programmer, as the past due 2019 numbers were lastly published, with new auditor PwC shaving virtually $15 million off a near-$540 million loss.

Aug 26, 2020 // Markets & Finance News, China, Hong Kong, Asia, Panda Green

Portugal's 2nd PV auction draws globe record low bid of $0.0132/ kWh.

According to monetary paper Expresso, the lowest bid in the exercise was EUR0.0112/ kWh, a little less than the $0.0135/ kWh submitted by French energy team EDF as well as China's JinkoPower in a 2 GW tender kept in Abu Dhabi, a rate which was validated last month.

Aug 25, 2020 // Large-Scale, Markets & Finance News, Portugal, EDF, Europe, auction, jinkopower

Poland to tender 3.2 GW of solar by end of following year

The government expects to acquire 1.5 GW of solar in this year's two renewables auctions as well as is approximating a more 1.7 GW in two rounds prepared next year.

Aug 25, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Poland, Piotr Pająk, tender, Europe, auction

Nigeria releases off-grid solar tender

The Nigerian Ministry of Power is approving bids to develop seven off-grid PV projects, in addition to various other installations that will certainly boost accessibility to energy.

Aug 25, 2020 // Markets & Finance News, tender, Africa, Nigeria

Warrington Borough Council introduces green financial investment plan for solar farm

Warrington Borough Council is introducing a green financial investment plan, which will certainly permit regional residents to help fund a brand-new solar farm.

Aug 21, 2020 // Markets & Finance News, UK, Europe, Warrington Borough Council, Cllr Russ Bowden

Indian solar association requires immediate implementation of 50% BCD

India must established right away a basic customizeds obligation (BCD) of a minimum of 50% on solar tools to safeguard the future of neighborhood suppliers, the chairman of trade body All India Solar Industries Association (AISIA) claimed.

Aug 21, 2020 // Markets & Finance News, Policy, India, China, pv modules, solar cells, Asia, tariffs, safeguard duty, basic customs duty, trade levy, Hitesh Doshi, aisia

Tetra Tech Wins USAID Renewable Energy Contract Worth $29.7 Million

USAID has actually awarded Tetra Tech a five-year, USD 29.7 million single-award contract for the continuation of its Scaling Up Renewable Energy project (SURE II).

Aug 20, 2020 // Markets & Finance News, SURE II, Tetra Tech, Tetra Tech Renewable Energy USAID, USAID, Dan Batrack

Capital Dynamics and also Tenaska companion for 2GW of battery storage space in The golden state

Possession management company Capital Dynamics has authorized a deal with Nebraskan independent power manufacturer Tenaska to create nine battery energy storage space system (BESS) projects situated in California's highest possible electrical load centres.

Aug 20, 2020 // Markets & Finance News, Storage, Capital Dynamics, California, USA, Battery Storage, CAISO, BESS, North America, Benoit Allehaut, Bernadette Del Chiaro, Tenaska, wildfires

RWE to take renewables 'to the next level' adhering to EUR2bn capital raise

Germany's RWE has raised around EUR2 billion to accelerate its standing in renewable energy.

Aug 20, 2020 // Markets & Finance News, Germany, Europe, rwe, e.on, energy transition, capital raise, utility, Martin Schmitz

China Three Gorges gets 570 MW of Spanish solar

The power company has won the race to acquire a 572 MW, 13-project solar plant portfolio owned by Madrid-based, Canadian-U.S.-controlled designer X-Elio.

Aug 20, 2020 // Markets & Finance News, Spain, China, Europe, Asia, x-elio, Three Gorges New Energy Co

Erdogan opens up ingot-to-module solar factory in Ankara

The $1.4 billion cost consists of a 1 GW solar field 260km away in Konya. The manufacturing facility will certainly be created exclusively by Kalyon Solar Technologies after advancement partner Hanwha Q-Cells bowed out the project.

Aug 20, 2020 // Manufacturing News, Markets & Finance News, Asia, Turkey, Peter Fath, Erdogan, Kalyon Solar Technologies

Canadian Solar provides $13m to clear up class action

The Sino-Canadian solar producer has moved to settle a ten-year-old case in which it was accused of breaching generally accepted audit principles in its 2009 numbers. The firm has actually indicated the negotiation, which is yet to be authorized, is not a sign of regret.

Aug 20, 2020 // Markets & Finance News, Canada, Canadian Solar, North America, action

New company version to assist utilities have as well as operate rooftop PV

Researchers from the Lawrence Berkeley National Laboratory in the U.S. have defined a utility-ownership design for roof PV they say can elevate power company investor earnings 2-5%.

Aug 20, 2020 // Technology, Residential, Markets & Finance News, Policy, Rooftop PV, USA, rooftop PV, North America

China Three Gorges gets in Spanish solar market with X-Elio deal

China Three Gorges is to get in Spain's solar fray through the acquisition of a 500MW profile from designer X-Elio.

Aug 19, 2020 // Markets & Finance News, Spain, China, Europe, Asia, x-elio, m&a, china three gorges, Wu Shengliang, Lluis Nogeura

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