Solar Markets & Finance News

EDF invests in Egypt’s solar technology and integration startup
France’s largest state-owned utility company has invested unrevealed finances into KarmSolar. The latter has installed a 165-megawatt solar pipeline throughout Egypt. The Egyptian startup supplies power to large-scale industrial, agricultural and commercial customers.
Nov 26, 2019 // Markets & Finance News, France, EDF, Europe, Asia, Africa, Egypt, KarmSolar
ACWA wins the tender for the 900-megawatt solar farm in Dubai
The solar field will become operational in Q2 of 2021. This is the project for deployment of phase five of the huge 5-gigawatt Mohammed bin Rashid Al Maktoum solar farm.
Nov 25, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Solar to Fuel, Asia, United Arab Emirates, acwa, Mohammed bin Rashid Al Maktoum, Solar to Fuel, Solar to Hydrogen, Producing Hydrogen, Hydrogen from renewable, Renewable fuels
Facebook purchases 61.6MW of solar power for its operations in Virginia
Facebook has signed a PPA with Apex Clean Energy, Virginia-based renewable energy developer, for 61.6 megawatts of Altavista Solar. The solar farm, scheduled to start operations next year, will be the first solar facility in Campbell County.
Nov 22, 2019 // Markets & Finance News, USA, Apex Clean Energy, Virginia, North America, Facebook
Genex gets debt financing for the construction of Jemalong solar park
Genex Power, ASX-listed power generation development company, has secured US$117m of investment for financing a new venture and refinancing an existing facility, both located in Australia, with 50 megawatts of capacity each.
Nov 22, 2019 // Markets & Finance News, UTILITY-SCALE SOLAR, Australia, Oceania, investment, finance, Genex Power, refinancing
Australian billionaires back an Australia-Singapore power supply gigaproject
Two famous billionaires from Australia have been announced to invest dozens of millions of dollars in a development of a 10-gigawatt solar park with 20-30-gigawatt-hours of battery storage, with power supply destination in Singapore.
Nov 22, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Australia, Oceania, Andrew Forrest, Mike Cannon-Brooks, Sun Cable
BayWa r.e. continues Asia-Pacific expansion and has launched a new solar system distribution business in the Philippines
German project developer for renewable energies BayWa r.e. Renewable Energy GmbH has launched a new solar systems distribution business in Makati City, the Philippines.
Nov 21, 2019 // Markets & Finance News, Rooftop PV, Germany, Europe, Asia, Philippines, BayWa r.e. Renewable Energy, Daniel Gäfke
AfDB, GCF sign deal to repower hydro-reliant Zambia with small-scale solar
Deals have now been rubberstamped for Zambia to use small-scale solar to strengthen its climate-vulnerable power supply, in a scheme bankrolled by development financiers.
Nov 21, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, neoen, Africa, Scaling Solar, zambia, AfDB, gcf, enel, first solar
Innovative ‘light harvesting material’ will be produced at a new Swedish factory
Sweden-based solar maker Exeger is building a new factory to manufacture an advanced dye-sensitized material, which is supposed to allow solar-powered portable e-gadgets to operate infinitely with no need for battery recharge.
Nov 21, 2019 // Technology, Manufacturing News, Markets & Finance News, ABB, Sweden, Europe, Exeger
Ellomay finds developer for 250MW solar pipeline in Italy
A foreign renewable player has set its sights again on the Italian solar market, announcing a large-scale pipeline in a year when the country staged a comeback of its green energy policies.
Nov 21, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Italy, Europe, ellomay
Chinese module maker Trina explores tie-ups to fund distressed solar projects
Trina Solar has reviewed four to five projects and is now eyeing assets of 50-150MW size in two Indian states. The projects will be completed with Trina modules and the Chinese firm will also provide competitive long-term project financing to the developer
Nov 19, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, India, China, Asia, Trina Solar, Raj Kumar Roy
Enphase signs agreement to provide microinverters to Sunrun
Enphase Energy has signed a strategic supply agreement with Sunrun to provide its seventh-generation Enphase IQ microinverters to Sunrun for use in its residential solar business.
Nov 18, 2019 // Residential, Markets & Finance News, Inverters, Sunrun, Enphase Energy, microinverters, Lynn Jurich, Badri Kothandaraman
Iberdrola adds more solar to Spanish pipeline, eyes Australia opportunities
Utility giant Iberdrola has revealed 400MW of additional large-scale solar it intends to bring forward in Spain, unveiling its 2020 development pipeline in the process.
Nov 18, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, UTILITY-SCALE SOLAR, Spain, Iberdrola, Australia, pv power plants, solar pv, Europe, Oceania
Chinese energy corporation is funding 1 GW of solar capacity
China General Nuclear Power Corporation is going to invest nearly $2.5b into large-scale solar facilities and 2-gigawatt wind installations in Inner Mongolia Autonomous Region. The major venture is predicted to be commissioned in 2021.
Nov 18, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, China, Asia, China General Nuclear Power Corporation
The Indian challenging photovoltaic tender seems to exceed the initial capacity
The repeatedly prolonged PV tender held by Solar Energy Corporation seems to get finally rewarded. The announced 7 gigawatts of solar project capacity are currently oversubscribed by 1 gigawatt.
Nov 18, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Markets & Finance News, India, tender, Asia, Solar Energy Corporation
Bangladesh sets new power tariffs for slow solar developers
Government of Bangladesh is dissatisfied by slow development of a number of photovoltaic projects and is establishing new power tariffs associated with solar production cost reduction.
Nov 15, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, Bangladesh, Asia, tariffs