Solar Markets & Finance News

AfDB, GCF sign deal to repower hydro-reliant Zambia with small-scale solar

Deals have now been rubberstamped for Zambia to use small-scale solar to strengthen its climate-vulnerable power supply, in a scheme bankrolled by development financiers.

Nov 21, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, neoen, Africa, Scaling Solar, zambia, AfDB, gcf, enel, first solar

Innovative ‘light harvesting material’ will be produced at a new Swedish factory

Sweden-based solar maker Exeger is building a new factory to manufacture an advanced dye-sensitized material, which is supposed to allow solar-powered portable e-gadgets to operate infinitely with no need for battery recharge.

Nov 21, 2019 // Technology, Manufacturing News, Markets & Finance News, ABB, Sweden, Europe, Exeger

Ellomay finds developer for 250MW solar pipeline in Italy

A foreign renewable player has set its sights again on the Italian solar market, announcing a large-scale pipeline in a year when the country staged a comeback of its green energy policies.

Nov 21, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Italy, Europe, ellomay

Chinese module maker Trina explores tie-ups to fund distressed solar projects

Trina Solar has reviewed four to five projects and is now eyeing assets of 50-150MW size in two Indian states. The projects will be completed with Trina modules and the Chinese firm will also provide competitive long-term project financing to the developer

Nov 19, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, India, China, Asia, Trina Solar, Raj Kumar Roy

Enphase signs agreement to provide microinverters to Sunrun

Enphase Energy has signed a strategic supply agreement with Sunrun to provide its seventh-generation Enphase IQ microinverters to Sunrun for use in its residential solar business.

Nov 18, 2019 // Residential, Markets & Finance News, Inverters, Sunrun, Enphase Energy, microinverters, Lynn Jurich, Badri Kothandaraman

Iberdrola adds more solar to Spanish pipeline, eyes Australia opportunities

Utility giant Iberdrola has revealed 400MW of additional large-scale solar it intends to bring forward in Spain, unveiling its 2020 development pipeline in the process.

Nov 18, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, UTILITY-SCALE SOLAR, Spain, Iberdrola, Australia, pv power plants, solar pv, Europe, Oceania

Chinese energy corporation is funding 1 GW of solar capacity

China General Nuclear Power Corporation is going to invest nearly $2.5b into large-scale solar facilities and 2-gigawatt wind installations in Inner Mongolia Autonomous Region. The major venture is predicted to be commissioned in 2021.

Nov 18, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, China, Asia, China General Nuclear Power Corporation

The Indian challenging photovoltaic tender seems to exceed the initial capacity

The repeatedly prolonged PV tender held by Solar Energy Corporation seems to get finally rewarded. The announced 7 gigawatts of solar project capacity are currently oversubscribed by 1 gigawatt.

Nov 18, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Markets & Finance News, India, tender, Asia, Solar Energy Corporation

Bangladesh sets new power tariffs for slow solar developers

Government of Bangladesh is dissatisfied by slow development of a number of photovoltaic projects and is establishing new power tariffs associated with solar production cost reduction.

Nov 15, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, Bangladesh, Asia, tariffs

UK-based solar investment company launches the first subsidy-free solar park

LSE-listed investment company NextEnergy Solar Fund has finished the construction of the first unsubsidized solar project in Great Britain.

Nov 15, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, UK, Europe, subsidy-free, NextEnergy Solar Fund

Daqo expands polysilicon production and reduces cost below $7 per kilo

Daqo New Energy, major crystalline silicon manufacturer, got revenue of $83.9m and gross profit of $18.1m during Q3 of 2019. The new facility with 35,000MT production capacity is to be commissioned by the end of the year.

Nov 15, 2019 // Manufacturing News, Markets & Finance News, China, Asia, Daqo New Energy, crystalline silicon

Solaria gets €59.45 million from a Spanish banking group for a major solar project in Spain

Solaria has raised funds for deploying of four solar installations contracted to supply energy for Repsol. The project is going to be a huge step toward the manufacturer’s target of installing 3 gigawatts by 2023.

Nov 15, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Europe, Solaria Energia

Mirova raises €857m in Eurofideme 4 funding round for renewables

The investment manager is now Europe’s largest renewable energy fund. The €1.3 billion group already has a 1.8 GW generation portfolio.

Nov 15, 2019 // Markets & Finance News, Europe, Mirova, Eurofideme 4, Raphaël Lance

EU to help anchor lower price for floating solar power

The Fresher project, funded by the EU’s European Maritime and Fishery Fund, aims to develop better and cheaper mooring and anchoring systems for floating solar. The initiative is backed by Portugal utility EDP, which has recently begun to install floating projects.

Nov 15, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, Spain, Sweden, floating PV, Europe, EMFF, utility EDP, João Maciel

Angola’s solar plans boosted by Italian oil giant Eni

The Italian oil and gas provider has signed a concession agreement with the government of the African oil country to build a 50 MW solar plant. The project is expected to be in the province of Namibe and will be part of the nation’s plan to deploy 600 MW of solar by 2022.

Nov 14, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Africa, Angola, Eni, Solenova

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