Solar Markets & Finance News

Jinko Signs one of its Biggest Distribution Agreements in Brazil
Jinko Solar Holding and Aldo Solar have announced a long-term partnership in one of the most important distribution deals signed by Jinko Solar in Brazil
Jan 24, 2020 // Markets & Finance News, Jinko Solar, South america, Brazil, solar modules, International, Distribution Agreement
BHEL issues tender for power cables for floating solar projects by NTPC
Bharat Heavy Electrical has issued an RfP for direct-current cables for 2 floating photovoltaic stations constructed for Indian energy giant NTPC.
Jan 23, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, India, tender, floating PV, Asia, bhel
NV Energy holds tender for large-scale green energy projects
NV Energy has floated a tender for development of clean power projects, which was preceded by approval of Nevada-based PV and energy storage deployment by the state’s Public Utilities Commission.
Jan 23, 2020 // Markets & Finance News, Storage, USA, Nevada, tender, North America, nv energy, Renewable Energy, International, renewable portfolio
100MW energy storage project to be delivered by wartsila in South East Asia
Finnish company Wartsila has secured an engineering, procurement and construction (EPC) contract from an undisclosed company in South East Asia to build a new 100MW / 100MWh energy storage project.
Jan 23, 2020 // Markets & Finance News, Storage, Asia, Wartsila
Engie to Sell 74% Stake in India Solar Portfolio to Edelweiss
Engie has agreed to sell a 74% stake in 12 solar assets aggregating 813 MWp of operating capacity in India to the Edelweiss Infrastructure Yield Plus.
Jan 23, 2020 // Markets & Finance News, India, Engie, Asia, Edelweiss, Paulo Almirante
Military Engineer Services Tenders for 220 kWp Rooftop Solar Systems in Delhi
The Military Engineer Services has issued a tender for setting up two rooftop solar plants worth a combined 220 kWp generational capacity in Delhi
Jan 23, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Rooftop PV, India, tender, Asia, rooftop PV, Military Engineer Services
Qatar’s 800 MW tender draws world record solar power price of $0.01567/kWh
Utility Kahramaa has revealed the winning consortium initially offered $0.01745/kWh with the price then reduced based on financial market indices.
Jan 23, 2020 // Markets & Finance News, tender, Asia, Qatar
Capital Dynamics buys 8minute’s Californian solar-plus-storage colossus
Asset manager Capital Dynamics has purchased a 400MW solar-plus-storage complex by 8minute Solar Energy, contracted to supply power to the city of Los Angeles at ultra-low prices.
Jan 23, 2020 // Markets & Finance News, Storage, Capital Dynamics, USA, solar-plus-storage, North America, 8minute Solar Energy
GCL to sell 7 Chinese solar plants for USD 156.5m
GCL New Energy has inked an agreement for selling seven China-based photovoltaic projects to CHNG. The total capacity of the operational facilities is about 294 megawatts.
Jan 22, 2020 // Large-Scale, Commercial, Markets & Finance News, China, Asia, GCL New Energy, CIT Group, CHNG
CIT backs up 76 MW solar pipeline with USD 200m
CIT is investing around USD200mn in 76 megawatts of photovoltaic projects developed by Clearway Energy – one of the U.S.’s leading renewables operators and developers.
Jan 22, 2020 // Commercial, Markets & Finance News, USA, Massachusetts, North America, Minnesota, Illinois, CIT, CIT Group, Clearway Energy, NY
US soars and China slumps as global PV investment dips year-on-year
A bustling US and a slumping China offered a contrasting picture of solar investment during a year when the global industry laid the foundations of a subsidy-free shift
Jan 17, 2020 // Markets & Finance News, USA, BNEF, China, Asia, North America
Salem Smart City Mission Tenders for 3 MW Solar Power Plants
The Salem City Municipal Corporation has issued a tender for the commissioning of a 3 MW solar power project at Erumapalayam, Salem District of Tamil Nadu.
Jan 17, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, India, solar pv, Asia, Salem
Greece to overhaul licensing regime which puts the brakes on solar
The energy ministry has published a plan to radically simplify the renewable energy permitting process. The new system is expected to come into force as early as next month and will be applied retroactively to address a 22-month backlog in generation license applications.
Jan 17, 2020 // Markets & Finance News, Policy, Greece, Europe, license, rae, Stelios Psomas
ADB plans to transform diesel-based power system of Maldives into hybrid solar
Maldives’ Ministry of Environment and ADB are planning to deploy hybrid power stations throughout 48 isles in order to minimize dependence on high-cost and carbon-emitting diesel-based power grids.
Jan 16, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Grids, ADB, hybrid, Asia, mini-grids, Maldives, solar-battery-diesel
Sonnedix secures financing for solar activity in Puerto Rico
Sonnedix has raised funds for its Puerto Rican photovoltaic projects, as part of the goal to deploy green power on the isle after considerable damages caused by Hurricane Maria two years ago.
Jan 16, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, Sonnedix, North America