Solar Markets & Finance News

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

Financial Services Firm Visa Reaches 100% Renewable Electricity Goal

Visa has announced that it has met its goal to use 100% renewable electricity by 2020, furthering its commitment to lead sustainably across its operations

Jan 16, 2020 // Markets & Finance News, International, Renewable Electricity, milestone, Visa, Al Kelly, Douglas Sabo

PepsiCo Targeting 100% Renewable Electricity in the US

PepsiCo plans to achieve 100% renewable electricity for its US direct operations this year, covering nearly half of its total global electricity consumption

Jan 16, 2020 // Markets & Finance News, USA, North America, International, Pepsico, Renewable Electricity

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

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