Solar Markets & Finance News

TGC has actually closed on $42.8 million in financial obligation financing and $41.1 million in tax equity financing for a 70 MW community solar portfolio located in New york city State.

Canadian Solar has actually signed a multi-year module supply arrangement with Lightsource BP to provide 1.2 GW of high effectiveness polycrystalline solar modules

The Swiss-headquartered technology corporation is reorganizing, stimulating the figures. That effect was magnified by acquisitions and sell-offs in 2015 with ABB announcing in July it would hand over its inverter service to Italian company Fimer.

Soltage and Basalt managed funds have revealed their entrance into the Oregon power market with a 40 megawatt (MW) solar portfolio.

Tokyo-headquartered developer Japan Renewable Energy Corporation(JRE )has partnered with a subsidiary of Sumitomo Mitsui Finance & Leasing(SMFL )for three solar PV jobs with a combined overall of 200MW capability that are under construction in Japan'' s Kumamoto and Kagoshima prefectures.

Spain is poised to host yet another major subsidy-free solar setup, an additional indication that foreign gamers wish to sidestep power purchase contracts (PPAs) completely.

The project will operate at a profit in part thanks to an emissions plan introduced by the province of Alberta on January 1. The plant will have the ability to sell its carbon certificates.

The coronavirus outbreak in China could raise solar module costs in the near term as manufacturers have actually already begun experiencing wafer and solar glass shortages. Production rates are likewise being affected by an extended brand-new year holiday introduced by the authorities as a step to deal with the infection, and the requirement employees from infected areas quarantine themselves for two weeks.

The South African utility is seeking deals for the supply of 1,383 320 W polycrystalline modules and installing structures, to be used for the construction of 4 off-grid PV projects at its proving ground.

Greengate and CIP have entered into a contract to money the additional advancement of the Travers Solar job, the biggest solar task (to date) in Canada.

Pumped hydro and battery jobs, paired with renewables, offer the world's lowest peak tidy electrical energy tariff. The tender, which received bids for 1.62 GW of capacity against the 1.2 GW sought, saw Greenko protect 900 MW of pumped storage capability and Restore Power 300 MW of battery storage.

Capital Characteristics' Tidy Energy Infrastructure (CEI) service has actually accepted a long-term PPA with Indiana Municipal Power Company (IMPA) in coordination with Tenaska. Per the terms of the PPA, IMPA will acquire 100MW of the power generated by a greenfield PV job in Indiana that is owned by Capital Dynamics.

Lightsource BP has actually clinched a financing offer with London-headquartered bank NatWest to fund the development of its maiden Spanish solar jobs.

One of the five world’s largest technology companies has concluded a power purchase agreement to buy nearly 70 percent of the electricity generated by a 120-megawatt Virginia-based solar park developed by Dominion Energy Inc.

The task becomes part of the 1 GW solar program established by the government with the assistance of the Asian Advancement Bank. The solar park will remain in the Surkhandarya province, in the far southeast of the nation.