Solar Markets & Finance News

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Renewables investor NextEnergy Capital (NEC) has made its second major solar acquisition in the US, cementing its position in the market.

Lightsource BP has announced its entry into the Spanish solar market with the acquisition of a 300MW project portfolio in Zaragoza.