Solar Markets & Finance News
Metito wins 45-55 MW Bangladesh project with $0.07/kWh bid
A consortium led by Metito Utilities, JinkoSolar and Al Jomaih Energy and Water has won a tender to build a 45-55 MW grid-tied solar plant with a bid of $0.0749/kWh — the lowest ever seen in Bangladesh.
Aug 6, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Canadian Solar, tender, JinkoSolar, Metito Utilities, Al Jomaih Energy and Water, Bangladesh, grid-tied PV, Asia, BPDB, WAC Logistics and Jiangsu Zhongtian Technology, SREDA
First Solar’s great ramp forward
First Solar reported a bumper quarter during Q2 by most metrics. The company’s net sales of $585 million were nearly double the previous year, on shipments 1.4 GW of product – the most in its history. Additionally, First Solar booked more than 2.1 GW of orders in July alone, a very positive start to Q3.
Aug 6, 2019 // Manufacturing News, Markets & Finance News, USA, SEIA, China, First Solar, Trump, Mark Widmar, Asia, North America
Bolsonaro clears Brazilian solar scheme at floating plant launch
Jair Bolsonaro has given the green light to a new solar scheme in Brazil’s northeast, marking its launch as he attended the opening of a separate floating project.
Aug 6, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, Floating PV, floating PV, South america, Latin america, Brazil, solar water pump, jair bolsonaro, Bento Albuquerque, Gustavo Canuto, Chesf, floating plant
New Jersey Resources to issue US$150m green bond for 50MW of solar
Energy provider New Jersey Resources (NJR) is selling US$150 million of green bonds to finance six commercial solar plants with a combined capacity of 50MW.
Aug 6, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, New Jersey, solar pv, ssfusa, green financing, new jersey resources, financial results, clean energy ventures, North America
Xinte Energy profits in 1H 2019 to be significantly impacted by polysilicon price declines
Major China-based polysilicon producer, Xinte Energy has signalled a significant decline in expected profits for the first half of 2019, due to polysilicon ASPs declining 43% from the prior year period.
Aug 6, 2019 // Manufacturing News, Markets & Finance News, China, CPIA, SMSL, xinte energy, polysilicon, c-si manufacturing, wacker chemie, ASPs, JinkoSolar, JYT, Asia
Solar scores lowest average prices in Argentina’s smaller-scale tender
Solar has emerged as the overall cheapest technology in Argentina’s latest clean energy tender, aimed at smaller-scale installations.
Aug 6, 2019 // Plants, Large-Scale, Markets & Finance News, Canadian Solar, solar pv, Argentina, South america, Latin america, renovar, cammesa, auction ppa, MiniRen tender
Duke Drops Largest Solar Project in North Carolina Procurement — Its Own
The cancellation of an 80-megawatt project with no financial penalty raises questions about a monopoly utility competing against private developers.
Aug 6, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, North Carolina, Duke Energy, Randy Wheeless, Chris Carmody, Accion Group, Cypress Creek Renewables, utilities, North America
Renovalia nails financing for Spain’s first merchant PV project
The €29.7 million financing package was awarded by Banco Sabadell. Renovalia’s 79.2 MW solar park will be Spain’s first PV facility to sell all of its output on the spot market.
Aug 5, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Solar, Spain, PV plants, pv modules, Renovalia, Banco Sabadell, El Bonal, Europe
Sterling and Wilson Solar to launch IPO this week
The Shapoorji Pallonji Group’s solar EPC business will hit the capital markets with an initial public offering on Aug. 6.
Aug 5, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, India, IPO, SWSL, utility-scale PV
CleanPeak expands solar mall portfolio in Australia with ReNu acquisition
ReNu Energy signed an agreement last week for the sale of its Australian solar assets to CleanPeak Energy, a commercial rooftop solar startup.
Aug 5, 2019 // Plants, Large-Scale, Markets & Finance News, Inverters, Rooftop PV, Australia, rooftop, solar pv, ReNu, CleanPeak, SCA, Craig Ricato
NTPC opens global bids for 20 MW floating solar project in India
The winning developer will be able to use solar modules and cells of any origin for the plant, which will be built in Auraiya district, in the Indian state of Uttar Pradesh. Bidding closes on Sept. 5.
Aug 5, 2019 // Plants, Markets & Finance News, Solar, India, pv modules, NTPC, Asia
JA Solar’s bifacial double-glass PERC modules used on 2.5MW rooftop project for Goodyear Malaysia
‘Solar Module Super League’ (SMSL) member JA Solar has supplied its bifacial double-glass PERC modules to a 2.5MW rooftop project at a Goodyear tire manufacturing facility in Shah Alam, Malaysia, the country's largest such project.
Aug 5, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Markets & Finance News, Solar, Malaysia, rooftop, SMSL, JA Solar, Goodyear, pv modules, Asia
US sanctions to redirect Chinese PV supply towards Europe, Asia
Ongoing US-China trade tensions will not ruin solar fortunes on either side as players adapt by redrawing the lines of global supply flows, Fitch Solutions has predicted.
Aug 5, 2019 // Manufacturing News, Markets & Finance News, Policy, Solar, USA, India, China, Fitch, solar pv, trade sanctions, Asia, North America
Japanese giants have solar operations on the down-low
Aug 2, 2019 // Residential, Markets & Finance News, Policy, Solar, Japan, Malaysia, Panasonic, GS-Solar, Kyocera, Residential PV, Asia
Soventix in talks to deploy 100MW solar in Nicaragua
Soventix has been singled out by the Nicaraguan government as the potential developer of a major solar project, the latest in a series of PV moves by the Central American state.
Aug 2, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Policy, Solar, UTILITY-SCALE SOLAR, Soventix, Nicaragua, Salvador Mansell Castrillo, PV plants, North America
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