Solar Markets & Finance News
Oil giant BP increases stake in PV developer Lightsource
British Gas and Oil supermajor BP announced it increases its stake in solar developer Lightsource BP in an effort to help accelerate the organization's growth and its aspirations to develop 10GW of renewable energy assets by the end of 2023.
Dec 9, 2019 // Markets & Finance News, Lightsource BP, Europe, bp
India holds a tender for hybrid and photovoltaic projects, with 1.2 gigawatts of capacity each
Indian SECI is going to conclude 25-year-valid PPAs for solar and hybrid ventures. The developers can choose where in India the facilities will be built, owned and operated.
Dec 9, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, India, SECI, Asia
Indian solar colossus starts Wellington project in Australia
Sterling and Wilson Solar Ltd is entering the market of Australia and starting the first Australia-based photovoltaic project – the 200-megawatt solar field in Wellington, the state of New South Wales.
Dec 9, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Australia, Oceania, Sterling and Wilson Solar Ltd
Major Burkina Faso PV project secures €48.82m ‘Desert to Power’ loan
The African Development Bank (AfDB) will lend the government of Burkina Faso €48.82 million (US$54.04 million) to develop 208MWp of PV across the nation under its Desert to Power initiative.
Dec 9, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, solar pv, European Union, West Africa, AfDB, African Development Bank, Burkina Faso, French Development Agency
Auction convened to offload PV generators of bankrupt DC Solar
A sizeable batch of DC Solar stock is to go under the hammer this week in a bid to liquidate assets from the now-defunct Californian PV firm, undone by a high-profile FBI investigation.
Dec 9, 2019 // Markets & Finance News, California, USA, North America, bankruptcy, dc solar, legal affairs
5 Best-Performing Stocks of the Top ETF of 2019 So Far
Invesco Solar ETF TAN topped the list of the best-performing ETFs so far this year with impressive returns of about 54%.
Dec 9, 2019 // Markets & Finance News, solaredge technologies, Invesco Solar
Australia shows low interest in e-mobility
According to the latest survey, Australia is the country least interested in e-vehicles because of underdeveloped recharging network, short drive distance and expensiveness.
Dec 9, 2019 // Technology, Markets & Finance News, Storage, Transport, Australia, Oceania, ARENA, e-vehicles
BlackRock invests $2.5bn in renewables
BlackRock, the global biggest fund managing company, has closed 1bn USD of a 2.5bn USD fund aimed at wind, solar and storage. However, this is only a small part of the financial giant’s 6.96tn USD balance and nothing in comparison with 17.5bn invested in coal projects.
Dec 9, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, USA, BlackRock, investment, North America
Rajasthan Invites Applications to Lease Land for Solar Projects Under KUSUM Program
The government is aiming to set up 10,000 MW of decentralized solar projects under Component -A of the program
Dec 9, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Asia, Rajasthan, KUSUM, RREC
Energia Group buys two Co Meath solar projects
Energy company Energia Group has bought Irish solar developer Solar Farmers Ltd, which has two solar projects in Co Meath.
Dec 9, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Ireland, Europe, Energia Group, Solar Farmers Ltd
Scottish Power enters solar business
The distribution system operator for southern and central Scotland says it wants to optimize onshore renewables potential with the addition of storage and solar into its clean electricity business. The company said hybrid projects combining wind, storage and solar will become the market standard in 2021.
Dec 7, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Grids, UK, Iberdrola, Europe, Scottish Power
Canadian Solar sells 3.3-MWp United Kingdom-based solar plant to Elm Trading
Canadian Solar Inc (NASDAQ:CSIQ) on Thursday announced the close of the sale of its 3.3-MWp solar park in Somerset, England to Elm Trading Group.
Dec 7, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Canadian Solar, PV plants, Canadian Solar Inc, Elm Trading
Carlson Electric will install 100-kW solar system at Wisconsin horseradish farm
Huntsinger Farms, the world’s largest grower and processor of horseradish and the parent company of Silver Spring Foods, has won a $28,902.60 Focus on Energy grant to subsidize a new solar power installation on its Eau Claire, Wisconsin farm. Carlson Electric of Hudson will install the solar farm in Spring 2020.
Dec 6, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, Wisconsin, solar modules, North America, Huntsinger Farms, Carlson Electric, PV system, Eric Rygg
BlackRock keen on C&I PV, storage as new renewable fund hits record close
Rooftop solar, energy storage and other less-mainstream green energy technologies are among the targets of a new colossal renewable fund, the creation of the world’s largest asset manager.
Dec 6, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Rooftop PV, USA, BlackRock, Europe, BESS, North America
A2A to obtain 1 gigawatt solar pipeline from Chinese Talesun
The Italy-based energy company is going to purchase the photovoltaic development pipeline for an undisclosed amount using a subcompany. The purchaser has pledged to begin constructing its first large unsubsidized photovoltaic plant in the first months of the coming year.
Dec 6, 2019 // Plants, Large-Scale, Markets & Finance News, Italy, China, PV plant, pv modules, Europe, Asia, pipeline, Talesun, A2A Renewables
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