Solar Markets & Finance News

Abu Dhabi fund approves $105m for clean energy projects
The Abu Dhabi Fund for Development will support half a dozen megawatt scale projects featuring solar in the Caribbean and Africa. In addition to around 42.5 MW of new solar capacity, the fund will also back the development of energy storage, waste-to-energy and biogas facilities.
Jan 16, 2020 // Markets & Finance News, Storage, Abu Dhabi, ADFD, Francesco La Camera
Solar Industry Asks Trump to Allow More Cell Imports to Spur Domestic PV Manufacturing
U.S. trade officials are preparing a midterm review of the Trump administration’s solar tariffs, with a range of potential outcomes.
Jan 16, 2020 // Manufacturing News, Markets & Finance News, Tariffs, USA, SunPower, Trump, North America, Hanwha Q-Cells, suniva, John Smirnow
Singulus gets €50 million follow-on CIGS thin film tool order from CNBM
Specialist PV manufacturing equipment supplier Singulus Technologies has received a new order for CIGS thin film processing tools from existing customer, China National Building Materials (CNBM).
Jan 16, 2020 // Manufacturing News, Markets & Finance News, China, Asia, CIGS thin film, CNBM, singulus technologies
Tentative US-China deal heralds trade bonanza for PV polysilicon makers
The easing of economic tensions between the US and China is set to throw a lifeline to the solar industry, bringing some respite to the sector after years of back-and-forth trade tariffs and levies.
Jan 16, 2020 // Manufacturing News, Markets & Finance News, USA, America, China, polysilicon, Asia, Donald Trump, North America, REC Silicon, solar trade, wacker, hemlock
Power Ledger introduces new product for management of solar assets
Power Ledger has acquired a photovoltaic power plant in Western Australia with a capacity of 250 kilowatts, where it will implement its new product – PPA Vision. The system allows managing and settling energy transactions to make them more transparent.
Jan 15, 2020 // Technology, Markets & Finance News, Software, pv power plants, Western Australia, Power Ledger
Panda Green’s hopes of postponing debt are dashed
The heavily-indebted, Chinese state-owned solar project developer now has ten days to rustle up $242 million after a debt restructuring proposal was accepted by less than a third of its creditors.
Jan 15, 2020 // Markets & Finance News, China, Asia, Panda Green
Waaree Breathes Easy As Bid for 184 MW Project Gets MERC Approval
Waaree Energies Limited (WEL), which had emerged as the sole bidder in the much postponed tender for 184 mw of solar power in Maharashtra can finally get started on the project. This follows the approval of its bid of Rs 3.05 per unit under the tender by the Maharashtra Electricity Regulatory Commission (MERC).
Jan 15, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Asia, MSEDCL, MERC, MSPGCL, waaree energies limited
Indore Smart City Seeking Consultant for 100 MW Solar Plants
The Indore Development Limited (ISCDL) has issued a tender seeking consultant for 100 MW solar plants at various locations.
Jan 15, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, India, tender, Asia, Indore Smart City, Consultant
NTPC Tenders for O&M of 50 MW Solar Project in Madhya Pradesh
NTPC Ltd has issued a tender for undertaking the O&M services for its 50 MW solar power project in Madhya Pradesh for a period of 1 year.
Jan 15, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, India, O&M, NTPC, Asia, Madhya Pradesh
Tender Issued for 4 MW Floating Solar Project With BESS in Andaman
SECI has issued an RfS for the selection of SPDs for setting up of 4 MW floating solar project with a 2 MW/1MWh BESS at the Kalpong Dam in North Andaman.
Jan 15, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, India, tender, Asia, BESS, Floating Solar PV
Sungrow to supply inverters for 200 MW of PV projects in Dubai, Egypt
China’s Sungrow Power Supply Co Ltd (SHE:300274) on Tuesday announced two contracts to supply residential, commercial and industrial inverter solutions for projects in Dubai, the United Arab Emirates and Egypt with a total capacity of 200 MW.
Jan 14, 2020 // Manufacturing News, Markets & Finance News, Inverters, Sungrow, China, Asia, Africa, Egypt, Alvin Shi
Altus Power raises USD 850m to expand solar portfolio
Altus Power America Inc on Tuesday said it has secured USD 850 million (EUR 765m) of funded and committed capital that would help it expand its portfolio of commercial and industrial solar assets to over USD 1 billion.
Jan 14, 2020 // Markets & Finance News, USA, North America, Altus Power, GSO Capital Partners LP
Hard times for thin-film PV module makers as Crystalsol and Calyxo file for insolvency
Calyxo, a German cadmium telluride solar module manufacturer, has filed for insolvency for the second time, despite the recent emergence of new prospective investors. Meanwhile, Crystalsol – an Austrian flexible solar panel maker – has also initiated insolvency proceedings, due to losses of roughly €7 million.
Jan 14, 2020 // Manufacturing News, Markets & Finance News, Germany, Europe, Austria, Crystalsol, Calyxo
LONGi signs 2-year monocrystalline wafer supply deal worth US$1.5 billion
The largest monocrystalline wafer producer, LONGi Green Energy Technology Co has signed a two-year wafer supply deal with Chinese solar cell producer, Jiangsu Runyang Yueda Photovoltaic Technology Co (Runergy) worth approximately US$1.5 billion (RMB 10.34 billion).
Jan 14, 2020 // Manufacturing News, Markets & Finance News, China, c-si manufacturing, Asia, solar cell, Longi Green Energy Technology, monocrystalline wafer, p type mono perc, runergy
Enel powers up 475MW of auction-backed bifacial solar in Brazil
The Brazilian renewable energy subsidiary of power giant Enel Group has brought online a 475MW bifacial solar project in Brazil’s northeastern state of Piauí.
Jan 14, 2020 // Markets & Finance News, EDP, Enel, bifacial, South america, Brazil, auction, paraiba, piaui