Solar Markets & Finance News

Hycsa Launches Green Capital Division for Solar Projects

Grupo Hycsa launches HYCSA Green Capital, focusing on renewable energy and sustainability to reduce carbon footprint and provide affordable energy solutions in Latin America.

Aug 12, 2024 // Markets & Finance News, PV Power Plant, Grupo Hycsa launches HYCSA Green Capital

Cero Secures Financing for 244.7-MWp Spanish Solar Projects

Breaking ground in Spain's Palencia province, Cero Generation secures funding for 244.7 MWp of solar projects, set to power 150,000 homes with green electricity.

Aug 12, 2024 // Markets & Finance News, Spain, Europe, Cero

US Community Solar Market to Reach 7.3 GW by 2029

Wood Mackenzie predicts 7.3 GW DC of community solar by 2029, with potential for growth in new state markets despite a projected contraction after 2026.

Aug 12, 2024 // Markets & Finance News, USA, North America

Summit Ridge Energy Sells $40m Virginia Solar Tax Credits

Summit Ridge Energy sells $40 million in tax credits for community solar projects, expanding renewable energy in Virginia and benefiting underserved communities.

Aug 12, 2024 // Markets & Finance News, USA, Virginia, North America, summit ridge energy

NextEnergy Capital Acquires 248-MW Solar Portfolio in Spain

NextEnergy Capital expands solar portfolio in Spain, with 248-MW acquisition marking fourth investment for NextPower V ESG fund. Strong commitment to Iberian market.

Aug 12, 2024 // Markets & Finance News, Spain, Europe, nextenergy capital

Malaysian Solarvest Secures 60 MW Solar PPAs

Solarvest secures PPAs with top Malaysian companies for 60 MW of solar power, leading the way in corporate green energy solutions.

Aug 9, 2024 // Markets & Finance News, Malaysia, Asia, Solarvest

AES Indiana's $1.1bn Coal Exit, Green Megawatts Plan

AES Indiana is leading the charge in energy transition with a $1.1 billion investment in Pike County, Indiana. From coal to gas, solar to storage, they're paving the way for a cleaner, greener future.

Aug 9, 2024 // Plants, Markets & Finance News, USA, North America, Indiana, AES Indiana

SMA Solar's H1 Sales and Earnings Decline in Volatile Market

SMA Solar Technology AG faces sales and earnings declines in 2024, but remains optimistic with strong performance in Large Scale & Project Solutions segment.

Aug 8, 2024 // Markets & Finance News, SMA Solar Technology AG

Summit Ridge, HASI secure $309M debt for 216MW solar

Summit Ridge Energy and HASI secure $309M for 216-MW solar portfolio, powering 20,000 customers in Illinois and Maryland. Major lenders include Bank of America and MetLife.

Aug 7, 2024 // Markets & Finance News, USA, North America, summit ridge energy, HASI

Matrix Renewables secures EIB financing for Spanish solar

Matrix Renewables secures EUR-50-million green loan from EIB for 240 MW solar farms in Spain, supporting EU's clean energy transition plan. #RenewableEnergy #EIB #SolarPower

Aug 7, 2024 // Large-Scale, Commercial, Markets & Finance News, Spain, Europe, Matrix Renewables

SunPower Bankruptcy: End of an Era in Solar Industry

SunPower Corp., once a solar industry giant, files for bankruptcy. High interest rates and internal struggles lead to financial difficulties. Analysts express concerns about the company's future.

Aug 6, 2024 // Markets & Finance News, SunPower Corp

Obton Expands Japanese Solar Presence with $290m Acquisition

Danish solar investment firm Obton A/S makes a bold move in Japan with a $290 million investment in BCPG, solidifying its position as a top player in the market.

Aug 6, 2024 // Markets & Finance News, Japan, Asia, obton

SunPower Files Chapter 11, Agrees $45m Asset Sale

SunPower files for Chapter 11 bankruptcy, agrees to sell key businesses in $45 million deal. Transition to new ownership underway.

Aug 6, 2024 // Markets & Finance News, SunPower

Sabadell finances SEAT's solar project, acquires stake

Sabadell's EUR 20 million investment in SEAT's solar project showcases their dedication to renewable energy financing. A bright future ahead for sustainable power in Catalonia.

Aug 5, 2024 // Plants, Large-Scale, Commercial, Markets & Finance News, catalonia, Sabadell

Voltalia Secures EUR-294m Debt Refinancing for Solar Expansion

Voltalia SA secures EUR 294 million in loans to refinance debt, fueling future expansion and renewable energy projects. Strengthening financial flexibility for growth.

Aug 5, 2024 // Markets & Finance News, Voltalia SA

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