Solar Markets & Finance News

Adani Green's Unique Repayment Plan Boosts Bond Value
Adani Green Energy reveals its strategy to repay a $750 million bond, including funds from share sales and joint-venture deals, as it aims to reduce debt and fuel growth.
Jan 9, 2024 // Markets & Finance News, Adani Green Energy
Arctech Expands Footprint in Turkey With Alpon Energy Pact
Arctech and Alpon Energy have formed a strategic alliance to expand solar energy solutions in Turkey and beyond. Leveraging both partners' expertise, the agreement promises tailored solutions for regional demands, driving mutual growth in the solar energy market.
Jan 8, 2024 // Markets & Finance News, Asia, Turkey, arctech, Alpon Energy
Cross-Border Renewables: Greece Opens 200-MW Tender
Greece's RAAEY is launching a tender for 200MW of renewable energy projects in Bulgaria & Italy. Solar projects of 1MW & wind schemes of 6MW can bid & sell their output daily on the Greek day-ahead market. Deadline to apply is March 11. Winners announced April 25. Commission capacity in 30/36 months. Promoting pan-EEA energy project development.
Jan 5, 2024 // Markets & Finance News, Greece, tender, Europe
EDPR Sells 80% of US Solar Portfolio
EDPR's sale of 80% stake in 340-MW US solar portfolio is an exciting move towards its EUR 7 billion asset rotation programme. This USD 400 million deal marks a quarter of its goal, and will shape the future of energy.
Jan 5, 2024 // Markets & Finance News, USA, North America, EDPR
Mytilineos To Invest In 2.6GW Solar, Battery Storage
Mytilineos SA secures €400 million loan from EIB to install 2.6 GW of solar and storage capacity across EU countries, enabling €2.5 billion of projects and helping EU reach net zero emissions by 2050. Upgrade of Greek electricity grid included.
Jan 3, 2024 // Markets & Finance News, Mytilineos
Soltec Sells 850 MW Solar to CIP for Denmark Power-to-X
Soltec and CIP have joined forces to drive the green transition in Denmark, selling 850 MW of early-stage solar projects to CIP's Energy Transition Fund I. The projects span Denmark, with most located in the Jutland region, allowing both parties to participate in the booming Power-to-X industry.
Jan 3, 2024 // Plants, Markets & Finance News, Europe, Soltec, Denmark, CIP
Akcome Invests $140M in Next-Gen Solar Cells
Akcome is investing $140 million to create a HJT-Perovskite solar cell research and production base, promising low-temperature production and simpler incorporation. Join the initiative to capitalize on the solar cell's potential!
Jan 3, 2024 // Technology, Markets & Finance News, solar cell, perovskite, Akcome
Taaleri SolarWind III Fund Makes EUR-430m Second Close
Taaleri Energia has achieved a second closing of its 6th renewable energy fund, securing EUR 430m for a total of 5.9GW in power generation capacity from onshore wind, solar and battery storage projects across 50 sites. EBRD, EIF & more have contributed to this exciting initiative!
Jan 2, 2024 // Markets & Finance News, TAALERI ENERGIA
GreenYellow Buys 20 MW Rooftop Solar in France
GreenYellow acquires 20MW of renewable projects from Demeter Investment Managers, creating 7.7GWh of electricity a year. Their mission: helping businesses & communities in their energy transition, with innovative & sustainable projects.
Jan 2, 2024 // Markets & Finance News, Rooftop PV, France, Europe, GreenYellow
ERG Acquires French 73.2-MW Wind, Solar Portfolio
ERG, an Italian IPP, acquires 73.2MW portfolio of wind and solar projects in France with an enterprise value of €86 million. Contract-for-difference and PPA benefit, plus 674MW capacity in Europe, creating 20% from photovoltaic energy. Closing by Jan 2024.
Dec 29, 2023 // Markets & Finance News, France, Europe, ERG
80 MW BESS Funds Secured in Texas
On.Energy has secured $40 million in funding to launch an 80MWh battery energy storage portfolio in Texas. This portfolio will support the ERCOT grid and is set to be commissioned in 2024. On.Energy is working on a 1GWh pipeline of energy storage systems to be operational by 2025.
Dec 28, 2023 // Markets & Finance News, Storage, USA, Texas, North America, On.Energy
First Solar to Sell $700M IRA Tax Credits to Fiserv
First Solar is selling up to $700 million of 45X Advanced Manufacturing Production tax credits to Fiserv to become a clean-energy leader and reduce reliance on Chinese-made components. $0.96 of credits per $1 of tax will be received in 2024.
Dec 28, 2023 // Markets & Finance News, First Solar, IRA
Adani Green Secures Power for 8GW of Solar Projects
Adani Green Energy Ltd. has achieved a milestone with an 8GW green power project portfolio, securing buyers for the entire capacity over 25 years. Stimulated by post-pandemic recovery, extreme weather and heightened electricity demand, Adani Green is geared up to invest $22 billion to expand capacity to 45GW by 2030.
Dec 27, 2023 // Markets & Finance News, Adani Green Energy
PNE's 175.5 MWp Solar Sale in Romania, Italy
Ready for power? 2021 will bring a surge of grid-connected projects that will transform energy supply. Get the details now!
Dec 22, 2023 // Markets & Finance News, Italy, Europe, Romania, PNE
Octopus Proposes Merger with AERS to Create Largest London-Based Renewable Energy Trust
Octopus Renewables Infrastructure Trust plc is proposing a merger with Aquila European Renewables plc, to create one of the largest London-listed renewable energy investment trusts, expected to have a market capitalisation of GBP 745 million. ORIT awaits AERS' response as they enter into further discussions in the New Year.
Dec 22, 2023 // Markets & Finance News, Europe, Octopus