Solar Markets & Finance News

A policy document that was made public recently, Hanoi has asked all regional governments and EVN to stop authoring the creation of new solar parks. Before now, about 8.93 GW utility solar energy capacity was approved.

The Tunisian Ministry of Mines and Energy has confirmed that Norway’s Scatec Solar has secured 300 MW at three sites. It also revealed that France’s Engie and China’s TBEA each picked up 100 MW projects. The lowest bid came in at $0.025/kWh, while $0.034/kWh was the highest offer.

Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of USD 84 million.

The BMW Group has reached another electro-mobility milestone and already delivered half a million electric vehicles to customers worldwide.

The Danish government has agreed to provide $19 million in funds for two large-scale hydrogen projects under development on the Jutland peninsula. The two projects will produce green hydrogen for the transport sector from renewables sources. Denmark’s largest energy company, Ørsted, has also announced plans for an ambitious 2 MW electrolysis plant with appurtenant hydrogen storage.

1366 technollogy investing so much to ensure that they spend less time forming wafer with the use of molten silicon.

A few weeks ago, TERI raised tenders to commission Battery Energy Storage Systems on turnkey.

Wind took the largest share of the awarded capacity, according to the preliminary results, but newly introduced limitations for such projects helped solar to take a significant portion of the allocated power for the first time in a Polish energy auction, with the highest bid coming in at $0.0608/kWh.

Solar investor Foresight has penned a 10-year power purchase agreement with EDF Trading for a 50MW project in Spain.

According to Medio Ambiente, Solaria Energia has signed an agreement to sell three PV installations with a capacity of 105 MW to Alpiq - a Swiss energy trader.

Solar Frontier Americas has closed on the tax equity commitment and debt financing for its 210-MW Mustang Two solar project in Kings County, California.

Spain’s renewable credentials have attracted the eye of an Italian infrastructure investor. Already, the Italian has acquired a PV Developer and the merchant projects it was working on.

The State of Massachusetts has awarded Envision Solar a statewide contract for the deployment of EV ARC transportable solar-powered EV charging solutions

Shell now has a firm grip on the Austria’s energy market after it bought 49% stake of the utility-scale PV developer ESCO Pacific. A few weeks ago, the oil mogul acquired ERM Power for AU 617 million (US$425 million).

First Solar announced that a partnership composed of EDP Renewables and ConnectGen has completed the acquisition of three projects with a total nameplate design of 278 MWAC in the United States. First Solar previously disclosed that the sale of these projects were subject to certain conditions precedent for closing that have since been satisfied.