Solar Markets & Finance News
ROUND-UP: GES Chile build, Hong Kong and Macau JV, S&W 200MW Australia order, Indian floating order
GES to build 97MW solar plant for Engie in Chile. Sterling & Wilson bags 200MW EPC order in Australia. BHEL tenders for Floating solar equipment at Indian coal plant. ACC and Hyperion for JV in Hong Kong.
Oct 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, Hong Kong, Australia, ACC, NTPC, floating PV, Oceania, bhel, hyperion, macau, pond
FPL SolarTogether community solar program expanded to include low-income families
The Southern Alliance for Clean Energy (SACE) and Vote Solar have joined with Florida Power & Light to refine the company’s SolarTogether program design to include a low-income component and request Florida Public Service Commission approval.
Oct 16, 2019 // Markets & Finance News, USA, Florida, North America, SACE, Vote Solar, Florida Power & Light, SolarTogether program, Eric Silagy, Stephen Smith, Katie Chiles Ottenweller
Sistine Solar raises funds to expand installation of SolarSkin product nationwide
Energy Foundry is proud to announce a $3.2 million investment in Sistine Solar, which is scaling up deployment of its SolarSkin product. Energy Foundry, Massachusetts Clean Energy Center (MassCEC) and Thin Line Capital join current angel investors in this round.
Oct 16, 2019 // Markets & Finance News, Energy Foundry, Sistine Solar, MassCEC, Thin Line Capital, SolarSkin, Jason Blumberg, Senthil Balasubramanian
SEI facilitates the installation of 1.2 MW of solar in rural Colorado communities
Solar Energy International (SEI)’s technical consulting program for solar market development in rural communities, Solar Forward, has officially surpassed the 1-MW mark of new, installed solar across rural Colorado. The program has yielded 1.2 MW of installed solar to-date and numbers continue to climb.
Oct 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, Colorado, North America, Solar Energy International, Mary Marshall
AC Energy, UPC Solar set up new Asia-Pacific joint venture
Philippines-based AC Energy will work with UPC Solar Asia Pacific – the solar energy unit of Hong Kong-headquartered UPC Renewables – to build more than 1 GW of solar in the coming years, with an initial focus on Asian markets such as India, South Korea and Taiwan.
Oct 16, 2019 // Markets & Finance News, India, Asia, Korea, Philippines, Taiwan, AC Energy, Patrice Clausse, Brian Caffyn
8minute, Capital Dynamics complete massive Springbok PV project in California
The 121 MWdc Springbok 3 project in Kern County, California, brings the Springbok series to 448 MW, as Capital Dynamics continues its investments in U.S. solar.
Oct 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Capital Dynamics, California, USA, SunPower, First Solar, North America, 8minute Solar Energy
NextEnergy Capital cements US play with second asset acquisition
Renewables investor NextEnergy Capital (NEC) has made its second major solar acquisition in the US, cementing its position in the market.
Oct 16, 2019 // Markets & Finance News, USA, Canadian Solar, solar pv, North America, sfi con usa, nextenergy capital, recurrent energy, Michael Bonte-Friedheim, Rohan Singh
Lightsource BP makes maiden foray into Spanish solar market with 300MW acquisition
Lightsource BP has announced its entry into the Spanish solar market with the acquisition of a 300MW project portfolio in Zaragoza.
Oct 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, solar pv, Lightsource BP, Europe, utility-scale, Nick Boyle
Rebuilding for resilience
The islands of the Caribbean have been focusing on the deployment of storage solutions, minigrids and microgrids in response to the damage their power systems suffered during the 2017 hurricane season. But with the opportunities, there are also challenges.
Oct 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Grids, storage, Wood Mackenzie, North America, Caribbean, RMI, Stephen Mushegan, Isaac Maze-Rothstein, off-grid market, Antigua and Barbuda
AEPPL signs $689.7m deal for li-ion battery plant in western India
Automotive Electronics Power Private Ltd. (AEPPL), an India-based lithium-ion battery manufacturing venture between three Japanese companies, aims to produce 30 million cells per year by 2025.
Oct 16, 2019 // Markets & Finance News, Storage, India, Asia, AEPPL, Suzuki, li-ion battery plant
Australia’s AEMC calls for energy pricing and transmission overhaul
The Australian Energy Market Commission (AEMC) has released a new paper outlining a blueprint to coordinate generation and transmission investments. The draft proposal seeks to overhaul wholesale pricing and transmission access to lower electricity costs and the ever-increasing risks inherent in getting new renewable energy generation capacity into the network.
Oct 16, 2019 // Markets & Finance News, Australia, Oceania, aemc, Chairman John Pierce
Plummeting lithium price will further dent Ganfeng profits
Beijing’s sudden retreat on electric vehicle subsidies in the summer has caused the value of lithium to hit the floor, with disastrous effects on the balance sheets of Chinese companies which had invested big in supply chains to support anticipated huge demand.
Oct 15, 2019 // Markets & Finance News, China, Australia, Asia, Oceania, Ganfeng Lithium
State-owned Panda Green set to bank more public funds
The heavily indebted solar project developer has revealed the state-backed element of two trailed fire sales of 636 MW of solar and wind project portfolios in China. The divestments will generate up to RMB450 million for the company while recognizing RMB200 million in losses on its investments.
Oct 15, 2019 // Markets & Finance News, China, Asia, Panda Green, Xinhua Electric Development and Investment Co Ltd
Hydrogen powered mining trucks are coming
The building-sized trucks run on diesel and prompt logistical complications as large amounts of diesel must be shipped to remote mining sites. Attempts to decarbonize the mining sector will have to consider the heavy-duty vehicles.
Oct 15, 2019 // Markets & Finance News, Transport, America, France, UK, Australia, Engie, Europe, hydrogen, Oceania, Michèle Azalbert, Anglo American
Singyes Solar figures tell story of a dramatic year in Chinese solar
The PV project developer and BIPV manufacturer has seen a glowing set of first-half figures published last year become a nightmare of lost income, debt defaults and frozen bank deposits. All eyes now turn to the business’ high court date on Wednesday.
Oct 15, 2019 // Manufacturing News, Markets & Finance News, bipv, Singyes Solar, China, Hong Kong, Asia, Building-integrated photovoltaics
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