Solar Markets & Finance News

Major polysilicon producer Wacker Chemie has reported preliminary full-year 2019 financial results, highlighting higher than previously guided asset impairment charges on its polysilicon division as ASPs (Average Selling Price) remain at record lows leading to an EBITDA loss of €55 million.

Japan has awarded just 39.8MW of PV capacity in its fifth solar auction, despite there being more than 416MW initially on offer.

New-build solar and wind could outcompete most existing fossil fuels by 2025, NextEra Energy executives have predicted even as they described storage-only ventures as a worthy venture.

European investor Foresight Group expects to “rapidly” deploy the proceeds of its latest fund raise, targeting renewables, flexible infrastructure and grids across Europe.

NTPC Ltd has issued a tender for the biennial O&M contract for the 10 MW solar PV plant at the NTPC-Ramagundam in Telangana for 2020-22.

CEL has issued a tender for the commissioning of solar rooftop plants of cumulative capacity 1.6 MW in various government buildings in Tamil Nadu

The Central Electronics Limited (CEL), a public sector enterprise, has invited bids to supply 100,000 monocrystalline solar cells.

Only 39.8 MW of PV projects were allocated in the fifth round of Japan’s procurement program for large-scale solar. The lowest price offered was ¥10.99/kWh ($0.10) and the highest ¥13.0, for an average price of ¥12.57.

A Qatar utility has secured what it claims is a world record-breaking tariff of QAR0.0571/kWh (US$0.01569/kWh) under a tender for the country’s utility-scale debut, beating last year's low price milestones in Portugal and Dubai.

After closing the decade with record growth, the residential solar plus storage market is set for takeoff and NeoVolta is ready to meet this growth

NHPC Ltd has issued an NIA for the enlistment of EPC vendors/ bidders for the development of solar power projects of NHPC Limited.

The debt-saddled developer now has to hope its latest, $230 million state bail-out goes ahead before summer or it will be left $260 million in hock to its Beijing-owned main shareholder.

The government wants a 300 MW solar plant linked to large scale storage in the Negev desert. Construction is planned for late 2021 and completion in 2023.

Portuguese gas company Galp Energía says it will become “the largest solar energy company in the Iberian peninsula”. The agreement includes operating PV plants with an installed generation capacity of 900 MW plus a further 2.9 GW under development.

Spruce Finance has completed its most significant solar portfolio acquisition to date, with the purchase of 5,864 rooftop solar assets totaling 31.3 MW