Solar Markets & Finance News

Colombia imposes renewables quota on power distributors
The obligation will be applied annually from 2022. The clean electricity required will have to be bought through power purchase contracts of at least 10 years’ duration.
Sep 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Carolina Obando, SER Colombia, Colombia
Dutch government seeks to privatize Tennet
Tennet needs more than €4.75 billion to invest in cross-border grid infrastructure between Germany and the Netherlands, as rising volumes of solar and wind are complicating network operations, said Dutch Finance Minister Wopke Hoekstra in a recent letter to the Dutch parliament, adding that the government may need to privatize the state-owned transmission system operator or sell off a stake in it.
Sep 16, 2019 // Markets & Finance News, Germany, Europe, Netherlands, Tennet, Wopke Hoekstra
Goldman Sachs reaches $4 billion in renewable investment potential
Goldman Sachs Renewable Power, a subsidiary of the investment banking giant, has reached an equity pool of $4 billion, which will serve to expand on the hundreds of megawatts in portfolios the company has acquired in the last 12 months alone.
Sep 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, SunPower, Goldman Sachs Renewable Power, Jon Yoder
Solar Market Insight Report 2019 Q2
The quarterly SEIA/Wood Mackenzie Power & Renewables U.S. Solar Market InsightTM report shows the major trends in the U.S. solar industry. Learn more about the U.S. Solar Market Insight Report. Released June 18, 2019
Sep 16, 2019 // Markets & Finance News, Market Research, Research-SEIA, Market research
Sweden increases budget for solar incentives by $48m
Funding for the rebate scheme had already been increased in April. Overall, the budget for this year now amounts to almost $125 million.
Sep 13, 2019 // Plants, Large-Scale, Commercial, Residential, Markets & Finance News, Sweden, Andreas Thorsheim
Greece to tender 287 MW of new solar capacity in December
The nation’s energy regulator today announced separate tenders for solar and wind generation capacity will be held on December 12.
Sep 13, 2019 // Markets & Finance News, Greece, tender, Europe
Foresight continues Australian charge with small-scale renewables fund launch
Global solar investor Foresight Group has continued its charge into the Australian PV market, launching a sustainability framework to finance small-scale renewable infrastructure projects in the country.
Sep 13, 2019 // Plants, Markets & Finance News, Australia, solar pv, Oceania, investment, foresight group
Kosovo planning auction scheme for solar and wind capacity
The European Bank for Reconstruction and Development is helping the Kosovan government develop a competitive scheme for the award of payments to renewable energy generators. The Balkan state wants to add 400 MW of clean energy capacity by 2026.
Sep 13, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, EBRD, Kosovo, Valdrin Lluka
Bangladesh’s first state-owned solar plant comes online
The new generation facility was financed by the Asian Development Bank and built by Chinese company ZTE Corp. The project will sell power to the grid for $0.065/kWh, a record low for solar in the country.
Sep 13, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, China, Bangladesh, Asia, rooftop solar, Asian Development Bank, ZTE Corp, Floating solar
Essent takes over Belgian solar installer Aralt
The Essent business of German utility RWE wants to widen its clean energy offer for Belgian clients. Last year Aralt achieved a €5 million turnover.
Sep 12, 2019 // Plants, Large-Scale, Commercial, Residential, Markets & Finance News, Germany, Europe, Belgium, Aralt, Essent, Benelux
174 Power Global bags funding for utility-scale solar in Texas
174 Power Global has wrapped up construction financing for the US$210 million, 150MW first phase of its solar farm in Ector County, northwest Texas, clinching funding from a group of global banks.
Sep 12, 2019 // Markets & Finance News, USA, Texas, PV plants, North America, 174 power global, credit agricole corporate and investment bank, korea development bank, Q CELL modules
Limiting climate emergency will require ten-fold solar boom, DNV GL claims
Global solar PV capacity must increase ten-fold to 5TW by 2030 in order to meet the Paris climate targets, research body DNV GL has claimed.
Sep 12, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Grids, ENERGY STORAGE, solar pv, DNV GL, Ditlev Engel
Recovering interest rates may raise large scale solar electric price 11%
Renewables investment may by hit by rising interest rates despite the falling cost of clean energy tech just as fossil fuels avoid the impact of rising base rates.
Sep 11, 2019 // Markets & Finance News, Policy, LCOE, Europe, ETS
Price ceilings set as Brazilian PV sector readies for debut in new-generation auction
Brazil has unveiled the tariff ceilings solar players will face as they compete for the first time in the so-called new generation tender, opening up a new avenue of government support.
Sep 11, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, solar pv, South america, Latin america, Brazil, jair bolsonaro, ANEEL, São Gonçalo, Absolar, bolsonaro, Rodrigo Sauaia, a-6 auction, tenders
Angola eyeing 600MW solar market within three years
Angola is expecting to kickstart its dormant solar sector by deploying several hundred megawatts worth of projects within three years, a top government official has said.
Sep 11, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, Africa, subsaharan africa, Angola, luanda, policy, bsw, Baptista Borges, Intersolar