Solar Markets & Finance News

The Renewable Energy Project Development Office has actually prequalified 49 programmers for the tender. 4 large solar projects will certainly be constructed through the purchase workout.

The Australian Government and also the Australian Renewable Energy Agency (ARENA) are readied to money RayGen Resources Pty Ltd (RayGen) to the tune of $3 million towards an usefulness research study for a 4 MW "solar hydro" nuclear power plant in north-western Victoria.

Norwegian power manufacturer Equinor and also Italian oil specialist Saipem have actually signed up with pressures to develop floating PV projects for near-coastal applications. Both firms intend to utilize an innovation created by Moss Maritime, a device of Saipem.

Production procedures in China are starting to go back to regular, with Taiwan-based study company PV InfoLink reporting 80% ability application throughout the supply chain in March. However the wider effect that Covid-19 will certainly carry international need for PV continues to be to be seen, and also will certainly rely on the degree to which the break out can be consisted of, claims PV InfoLink principal expert Corrine Lin.

GlobalWafers, a Taiwanese wafer maker, will certainly include 150mm silicon carbide to its items, made from mass SiC crystals generated by GT Advanced Technologies, under a brand-new multi-year contract to "build a brand-new source of supply of silicon carbide wafers."

The bailed-out Hong Kong-listed PV developer has actually advised its staying independent investors of a thumping bottom line for 2019 as it prepares to expose its outcomes at the end of the month.

Chinese producer Risen Energy will provide Malaysia's Tokai Engineering with 20 MW of its brand-new panels, revealed in December. Increased asserts its items can help in reducing balance-of-system project prices by 9.6% as well as the levelized expense of power by 6%.

GUVNL has actually released a tender for the acquisition of power from 700 MW of grid-connected solar PV power projects situated in 1000 MW Dholera Solar Park (Phase-IX).

The extensive Chinese New Year, as a result of COVID-19 as well as more limitations to producing re-starts as well as take a trip limitations, as anticipated, had a considerable influence on PV module exports from China in February, according to the most recent main numbers.

Lightsource BP has actually employed its oil significant backer BP and also several of the globe's biggest financial institutions to fund a huge utility-scale solar project in Texas, with strategies to provide the plant by year-end.

London-listed United States Solar Fund (USF) has actually exposed that it has actually currently completely devoted the US$ 200 million raising from in 2015's going public (IPO), with profits moneying 4 United States solar acquisitions completing 383MW.

Lacuna Sustainable Investments has actually revealed that it has actually effectively elevated USD 50 million for financial investment in development-stage solar as well as storage space projects.

Plus Renewable as well as Avondale Solar have actually participated in a contract to offer their passions in a 350 MW solar PV project in Fort Bend County, Texas

GUVNL has actually granted agreements worth 350 MW to the 3 prospective buyers that sent proposals in its most recent tender for the acquisition of power from 500 MW solar projects

Spanish developer Fotowatio Renewable Ventures (FRV) has actually authorized its 2nd power acquisition contract with the government-owned store Snowy Hydro for a solar project, which it purchased from Germany's Ib vogt.