Solar Markets & Finance News

JinkoSolar lands 150MW Cambodia solar supply deal

Leading module manufacturer JinkoSolar is to supply 150MW worth of its high-efficiency Cheetah solar panels for projects in Cambodia.

Jan 7, 2020 // Manufacturing News, Plants, Large-Scale, Commercial, Markets & Finance News, UTILITY-SCALE SOLAR, JinkoSolar, Asia, Cambodia, south east asia

Greenbacker acquires 110MW PV portfolio in New York from Hecate

Greenbacker Renewable Energy Company, through a wholly-owned subsidiary, has signed the rights to an approximately 110MW portfolio of solar projects located in Greene and Albany counties, New York, from Hecate Energy.

Jan 7, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, New York, Charles Wheeler, North America, hecate, greenbacker, Chris Bullinger

First Solar to pay US$350 million to settle 2012 class action case

‘Solar Module Super League’ (SMSL) member, First Solar has agreed to settle a 2012 class action lawsuit to the tune of US$350 million. The settlement is subject to approval by the United States District Court for the District of Arizona.

Jan 6, 2020 // Manufacturing News, Markets & Finance News, Malaysia, Germany, SMSL, Europe, Asia, first solar inc, cdte thin-film modules

Canada’s Solar Provider Group enters Brazilian PV with US$250m push

Canada’s Solar Provider Group (SPG) is the latest foreign developer to enter the Brazilian PV market, with a plan to invest US$250 million over the next five years.

Jan 6, 2020 // Markets & Finance News, South america, Latin america, Brazil, Solar Provider Group, spg

Volkswagen plans to reach 1.5 million e-vehicle sales by 2025

Volkswagen is planning to make 1.5m of EVs in the year 2025. 1m of e-vehicles are expected to be sold before the end of 2023, which is 2 years ahead of the previously announced plan.

Jan 3, 2020 // Markets & Finance News, Transport, VOLKSWAGEN, electric vehicle, Volkswagen Electric Vehicle

Indian TERI creates platform for solar electricity trading

The Energy and Resources Institute announces a new platform for P2P transactions of green power among residential consumers sharing the neighborhood.

Jan 3, 2020 // Markets & Finance News, India, Asia, TERI, blockchain

MSEDCL Retenders for Procurement of 1350 MW Solar Power

MSEDCL has tendered for the procurement of 1350 MW solar power for a second time. The tender had yielded only one bid for 5 MW the first time it was issued.

Jan 3, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, India, tender, Asia, maharashtra, MSEDCL

UK energy suppliers unveil mixed bag of solar export tariffs

Energy suppliers in the UK have unveiled a mixed bag of tariffs for domestic solar exports, with O&G major Shell’s supply business unveiling a tariff of just 0.001p/kWh.

Jan 3, 2020 // Markets & Finance News, Tariffs, Policy, UK, Europe, shell, Chris Hewett

Chinese investor buys 14% stake in Comtec Solar

Sun Da has moved to become the lithium energy storage and electric vehicle battery company’s second largest investor, raising HK$10.3 million for the business in the process.

Jan 3, 2020 // Manufacturing News, Markets & Finance News, Storage, China, Asia, Comtec Solar, Sun Da

CEL Floats O&M Tender for 1 MW Solar Plant in Rajasthan

The last date and time for submitting the bid application is January 15, 2020 at 11:00 Hrs, and the Earnest Money Deposit (EMD) is fixed at Rs 45,000.

Jan 2, 2020 // Markets & Finance News, India, tender, Asia, CEL, PV Power Plant

Solarpack Wins PPA Contract in Malaysia Worth 116 MW

Solarpack has announced the award of a long-term PPA for one of its projects under development in Malaysia. The 116 MW Suria Sungai Petani plant.

Jan 2, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Malaysia, PPA, Asia, Solarpack

JA Solar unveils plans for new 5GW cell, 10GW module production facilities

‘Solar Module Super League’ (SMSL) member JA Solar has unveiled plans to bolster its output with a new cell manufacturing facility and module production plant.

Jan 2, 2020 // Manufacturing News, Markets & Finance News, manufacturing, China, JA Solar, pv modules, Asia, solar cell, cell

Sunnova secures US$150m for safe harbour equipment and sales growth

Sunnova has secured US$150 million of financing to purchase safe harbour equipment and boost customer numbers and battery storage system sales.

Jan 2, 2020 // Plants, Markets & Finance News, Storage, Grids, USA, SunPower, Sunnova, domestic pv, North America, investment tax credit

SunPower to cut up to 160 jobs amidst restructuring

US solar firm SunPower is to cut up to 160 jobs as part of a restructuring plan following the spin off of its manufacturing operations.

Jan 2, 2020 // Manufacturing News, Markets & Finance News, USA, manufacturing, SunPower, pv modules, investment, finance, North America

Sonnedix acquires 23MW Italian portfolio as expansion continues

Sonnedix has acquired a 23MW portfolio in Italy from investment group, Ellomay Luxembourg Holdings.

Jan 2, 2020 // Markets & Finance News, Italy, Sonnedix, pv power plants, solar pv, Europe

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