Solar Markets & Finance News

Taiwan’s solar makers fight back to escape market turbulence
The rollercoaster witnessed in recent years by Taiwan’s solar manufacturers is written all over the words of Jenny Hsu, global sales manager of Motech Industries.
Oct 20, 2019 // Manufacturing News, Markets & Finance News, China, Asia, PV cells, Taiwan, energy taiwan, auo, ks terminals, motech, Jenny Hsu
Race Heats Up For Title Of Cheapest Solar Energy In The World
Dubai has narrowly missed out on reclaiming the title of having the world’s cheapest solar photovoltaic (PV) energy, after receiving bids for the latest phase of a massive solar park on the desert outskirts of the city.
Oct 17, 2019 // Markets & Finance News, Tariffs, China, Asia, ACWA Power, Dubai, Tom Heggarty, mbr solar park, Abu Dhabi, Concentrated solar power
Greenbacker acquires 31.33MW of C&I assets from Sky Solar and IGS Solar
Greenbacker Renewable Energy has unveiled a flurry of new acquisitions that includes 31.33MW of contracted C&I solar assets from Sky Solar and IGS Solar across the US, alongside a partnership with Scenic Hill Solar in Arkansas.
Oct 17, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, Greenbacker Renewable Energy, North America, project acquisitions, greenbacker, us solar fund, sky solar, igs solar, c&i solar, Arkansas
Leyline secures US$150m for early-stage solar and biogas investments
Renewables investor Leyline Renewable Capital has secured US$150 million financing deal from Newlight Partners, a Soros Fund spin-off, to invest in early-stage solar and other clean energy projects.
Oct 17, 2019 // Markets & Finance News, USA, North America, newlight partners, leyline renewable capital, project financing, Eric Rubinstein, Mark Longstreth
Singyes winding-up petition adjourned until November
The latest date for hearing the petition will fall just four days after shareholders vote on a proposed Chinese state-backed HK$1.55 billion bail-out of the business.
Oct 17, 2019 // Markets & Finance News, China, Asia, Singyes
Google announces US$150m renewables investment package
Google says it will spend US$150 million on renewable energy in regions where its products are manufactured, in a move it hopes will galvanise a further US$1.5 billion of investment.
Oct 17, 2019 // Markets & Finance News, USA, Apple, solar pv, North America, Google, corporate solar, hecate
Singyes state bail-out vote at end of the month
Shareholders in the heavily-indebted solar project EPC and building-integrated PV manufacturer will vote on the last day of the month on the proposed takeover of the business by a Chinese state-backed entity. No news has emerged of a winding-up order due to be heard yesterday.
Oct 17, 2019 // Manufacturing News, Markets & Finance News, China, Hong Kong, Asia, Singyes
Solargiga’s unaudited Jan-Sept revenue spikes 11% on year
The Hong Kong-based solar manufacturer appears to have posted impressive revenue gains this year, based on preliminary, unaudited operating results for the first three quarters of 2019. But as the troubled company continues to pin its hopes on a much-anticipated turnaround in Chinese solar demand, its long-term outlook remains uncertain, mere weeks before the scheduled de-listing of its shares in Taiwan.
Oct 16, 2019 // Manufacturing News, Markets & Finance News, Hong Kong, Solargiga, Taiwan
ROUND-UP: GES Chile build, Hong Kong and Macau JV, S&W 200MW Australia order, Indian floating order
GES to build 97MW solar plant for Engie in Chile. Sterling & Wilson bags 200MW EPC order in Australia. BHEL tenders for Floating solar equipment at Indian coal plant. ACC and Hyperion for JV in Hong Kong.
Oct 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, Hong Kong, Australia, ACC, NTPC, floating PV, Oceania, bhel, hyperion, macau, pond
FPL SolarTogether community solar program expanded to include low-income families
The Southern Alliance for Clean Energy (SACE) and Vote Solar have joined with Florida Power & Light to refine the company’s SolarTogether program design to include a low-income component and request Florida Public Service Commission approval.
Oct 16, 2019 // Markets & Finance News, USA, Florida, North America, SACE, Vote Solar, Florida Power & Light, SolarTogether program, Eric Silagy, Stephen Smith, Katie Chiles Ottenweller
Sistine Solar raises funds to expand installation of SolarSkin product nationwide
Energy Foundry is proud to announce a $3.2 million investment in Sistine Solar, which is scaling up deployment of its SolarSkin product. Energy Foundry, Massachusetts Clean Energy Center (MassCEC) and Thin Line Capital join current angel investors in this round.
Oct 16, 2019 // Markets & Finance News, Energy Foundry, Sistine Solar, MassCEC, Thin Line Capital, SolarSkin, Jason Blumberg, Senthil Balasubramanian
SEI facilitates the installation of 1.2 MW of solar in rural Colorado communities
Solar Energy International (SEI)’s technical consulting program for solar market development in rural communities, Solar Forward, has officially surpassed the 1-MW mark of new, installed solar across rural Colorado. The program has yielded 1.2 MW of installed solar to-date and numbers continue to climb.
Oct 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, Colorado, North America, Solar Energy International, Mary Marshall
AC Energy, UPC Solar set up new Asia-Pacific joint venture
Philippines-based AC Energy will work with UPC Solar Asia Pacific – the solar energy unit of Hong Kong-headquartered UPC Renewables – to build more than 1 GW of solar in the coming years, with an initial focus on Asian markets such as India, South Korea and Taiwan.
Oct 16, 2019 // Markets & Finance News, India, Asia, Korea, Philippines, Taiwan, AC Energy, Patrice Clausse, Brian Caffyn
8minute, Capital Dynamics complete massive Springbok PV project in California
The 121 MWdc Springbok 3 project in Kern County, California, brings the Springbok series to 448 MW, as Capital Dynamics continues its investments in U.S. solar.
Oct 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Capital Dynamics, California, USA, SunPower, First Solar, North America, 8minute Solar Energy
NextEnergy Capital cements US play with second asset acquisition
Renewables investor NextEnergy Capital (NEC) has made its second major solar acquisition in the US, cementing its position in the market.
Oct 16, 2019 // Markets & Finance News, USA, Canadian Solar, solar pv, North America, sfi con usa, nextenergy capital, recurrent energy, Michael Bonte-Friedheim, Rohan Singh