Solar Markets & Finance News
Adani puts ambitious Australia solar energy plans on hold
Adani has put on hold ambitious plans to invest A$2bn-A$3bn in solar plants in Australia, blaming regulatory hitches that it said were causing delays for renewable operators seeking to connect to the National Grid.
Oct 30, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Australia, Asia, Oceania, Adani, Lucas Dow, Andrew Blakers
Risen profits for HJT manufacturer
Ukraine’s favorite solar module manufacturer has posted another encouraging set of returns, after a difficult year in 2018. And Risen – which boasted 6.6 GW of annual production capacity at the end of last year, according to analysts at PV InfoLink – is committed to adding another 2.5 GW before 2022.
Oct 30, 2019 // Manufacturing News, Markets & Finance News, China, Ukraine, Europe, Asia, Risen
Algerian 150 MW solar tender secures final price of $0.069/kWh – and only a third of the capacity
The Algerian Electricity and Gas Regulation Commission has concluded a tender launched in June. The one solar project selected will sell power at DZD8.28/kWh. The authority reportedly only published ceiling prices for energy bids on the day the exercise was completed.
Oct 30, 2019 // Markets & Finance News, Tariffs, tender, Africa, Algeria, Malek Drif, CREG, Al-Muchkat’s Drif
Kosovo preps 50 MW solar tender
The Balkan nation is planning a tender for 50 MW of utility scale solar capacity on a public-private partnership basis with help from the International Finance Corporation. The World Bank’s private finance arm is procuring a technical, environmental and social consulting firm to advise on the project.
Oct 30, 2019 // Markets & Finance News, Storage, tender, utility scale solar, Kosovo
Iberdrola renewables investments creating a ‘virtuous circle of growth’ as profits climb
Iberdrola’s record investment into renewables and networks is outperforming expectations, freeing the utility to invest even more creating a “virtuous circle of growth”, the company’s chairman has said.
Oct 30, 2019 // Markets & Finance News, Spain, Iberdrola, solar pv, Europe, portgual
EDP buys 50% stake in 278MW of First Solar projects in the US
Energias de Portugal (EDP), through its subsidiary EDP Renewables North America LLC, has acquired a 50% stake in a 278MW US solar portfolio that was developed by First Solar.
Oct 30, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, EDP, First Solar, North America, CdTe
French development agency finances 49MW Vietnam solar project
The French development agency AFD has signed off on a EUR24.2 million (US$26.9 million) loan for a 49MW solar project in Gia Lai Province, Vietnam, with the country's monopoly utility EVN.
Oct 30, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, Asia, Vietnam, evn, sorsea, afd, gia lai, hydropower, solar-plus-hydro, debt, Nguyen Xuan Nam
PV to address water scarcity
The government of the Philippines will spend $500 million on solar-powered water supply and desalination in remote areas of Mindanao, the second-largest island in the archipelago. Elsewhere, a Finnish study has suggested drought-hit Iran could benefit from renewable-powered desalination.
Oct 30, 2019 // Technology, Plants, Markets & Finance News, Storage, Asia, Philippines, MinDA, Iran, Emmanuel Piñol, desalination plants
Swedish Solar Expo touts solar and hydrogen community project
Where seasonal storage is paramount, hydrogen comes into play. Under-the-radar solar market Sweden has presented its hydrogen projects and technological solutions to overcome the country’s natural solar barriers.
Oct 30, 2019 // Technology, Markets & Finance News, Sweden, Europe, hydrogen, hydrogen projects, Joan Carlehed, Hans Olof Nilson, Susanné Wallner, Johanna Lakso
China installed 920 MW of household solar last month
Hopes are high up to 5 GW of residential solar capacity will have been added by the time this month’s figures are added, as the household solar feed-in tariff still applies – but only until Thursday. However, the AECEA consultancy has again revised down its overall new capacity expectation for the year.
Oct 30, 2019 // Residential, Markets & Finance News, Tariffs, Rooftop PV, China, AECEA, Asia, rooftop PV
ROUND-UP: SunPower feeds Chevron oilfield, 25MW Assam tender, Sodexo Constant MoU
SunPower building 35MW project to supply Chevron's Lost Hills Oil Field. Assam tenders for 25MW solar project. Constant Energy partners Sodexo Thailand
Oct 30, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, India, SunPower, tender, Thailand, Asia, North America, Chevron, Nam Nguyen, Assam, Constant Energy, Sodexo, Allen Satterwhite
Green Arrow buys 320MW of European solar and wind assets from Quercus
Italian asset manager Green Arrow Capital (GAC) has agreed to acquire a 320MW portfolio of renewable energy projects from London-based Quercus Investment Partners for an undisclosed sum.
Oct 30, 2019 // Markets & Finance News, UK, Europe, Green Arrow Capital, Quercus Investment Partners, Eugenio de Blasio, Diego Biasi
Japan’s Mitsui sells 679MW of solar and wind in Canada
Japanese trading corporation Mitsui & Co has sold its interest in a 679MW portfolio of operational Canadian wind and solar to Canadian infrastructure management firm Axium.
Oct 30, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, Japan, Canada, Asia, North America, mitsui, engie canada inc
Empower Energies, Hannon Armstrong to jointly invest in more C&I and municipal solar projects
Renewable energy developer and financing company Empower Energies has joined with investor Hannon Armstrong to build renewable energy projects in the commercial & industrial (C&I), municipal, university, school and hospital markets across the United States.
Oct 29, 2019 // Markets & Finance News, Empower Energies, Hannon Armstrong, John Clapp, Jeffrey W. Eckel
Eswatini 40 MW solar tender attracts 13 approved bidders
The regulator received 26 proposals overall for a project intended to make the kingdom less dependent on power imports from troubled South African utility Eskom.
Oct 29, 2019 // Markets & Finance News, tender, Africa, eskom, Eswatini
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