Solar Markets & Finance News

Solar power will soon dominate global electricity: New study suggests we can make the shift to solar without major policy changes, but governments must also invest in other renewable sources to ensure smooth transition.

Elera Renovaveis and Telefonica SA join forces to power up to 1.8 million homes with clean solar energy from the 1.2 GW Janauba complex in Minas Gerais, Brazil. 76% of Vivo's energy consumption is now supplied by renewable sources.

Central Puerto SA has purchased the 50/50 stake in the 117-MW Guanizuil IIA solar farm in Argentina from Scatec and Equinor. With the exit of Scatec, the solar farm, connected in 2021, is now owned by the Argentine power producer. Explore the power of solar as Equinor and Scatec expand their renewable energy portfolios.

Opdenergy seals $252 million US project finance package - creating 600+ jobs and reducing 260,000 tonnes of CO2 annually. Discover the benefits of clean energy now!

Masdar is seeking financing for the construction of a 200 MW solar farm in western Armenia. Get the latest updates on the USD 186.6 million project and the expected November 28, 2023 decision on the Clean Technology Fund concessional loan. This eco-friendly initiative could reduce carbon dioxide emissions by up to 169,000 tonnes annually.

Qcells' Flexrack mounting systems are powering two of Canada's largest behind-the-meter solar projects. With 101-MW Saddlebrook and 81-MW Scotford projects, experience total reliability, even in the cold climate, with Flexrack's engineering expertise. Ready for completion by 2023.

TagEnergy secures £70m debt package to finance 100MW battery energy storage system project in North Yorkshire. Tesla, Habitat Energy and RES to support construction of completed facility by mid 2024. CEO Franck Woitiez says innovative financing offers value and accelerating energy transition.

Galileo signs its first corporate PPA with a NYSE-listed global corporation, providing 23MW of solar PV energy with an estimated annual production of 40GWh. An important milestone for Galileo, this reflects the growing demand for renewable energy projects in Europe. Join the energy transition today.

Enviromena, a UK clean energy services company, receives GBP 65 million funding round from Arjun Infrastructure Partners to become a leader in the domestic solar industry. Acquire 500 MW solar projects and expand portfolio. 230 MW of assets managed for third parties and 500 MWp of O&M services. Chris Marsh: "Funding will help build extensive pipeline and expand portfolio quickly."

Energa Wytwarzanie, a unit of Polish oil refiner PKN Orlen, has signed a preliminary agreement to purchase the Kleczew hybrid wind and solar project, capable of powering 200,000 homes. Construction of the 334 MW project has already begun - to be completed by 2025!

Osaka Gas Energy Oceania and ACE Power team up to co-develop 500 MW of solar and battery storage projects in Australia with Project Genesis. This collaboration supports Osaka Gas' Carbon Neutral Vision and long-term e-methane goals. Discover more about the project.

GIS expands renewable energy services with the acquisition of Discovery Industries. With additional capacity & resources, GIS & Discovery look to expand relationships & services offered. Offerings include upstream, midstream, downstream & more.

Agrivert, UK's leading biomethane producer, has acquired Chiltern Solar Limited, a provider of solar PV and battery storage solutions. Get the scoop on the acquisition and Agrivert's plans to broaden their customer base and provide new solutions.

BayWa r.e. Solar Trade launches EV chargers in Thailand in partnership with Huawei at ASEAN Sustainable Energy Week 2023. Join the transition towards decarbonizing the transport industry with BayWa and Huawei, and help Thailand achieve its goal of 30% EV production of 2.5 million vehicles by 2023.

Experience Greenvolt's renewable energy solutions. The company has completed the acquisition of 75% of the share capital of Iberica Renovables SL and boasts more than 3 GW of solar capacity. Get ready for distributed generation systems and be one of the first to benefit from Greenvolt's renewable energy solutions.