Solar Markets & Finance News

The Queensland federal government in Australia launched a draft costs that legislates an 80% renewable resource target by 2035 and sets an objective to transform the state's coal-fired power stations into clean energy hubs.

The European Investment Bank (EIB) revealed on Friday it is giving a EUR-200-million (USD 215.2 m) lending to Sicredi, a Brazilian participating banks, to fund the application of solar systems on homes, small as well as medium-sized companies, as well as rural properties.

US utility-scale solar developer Heelstone Renewable resource LLC has actually secured USD 357 million (EUR 333.9 m) in the red funding to support the building and construction and operations of 5 utility-scale solar projects with a consolidated straight current (DC) capacity of concerning 345 MW.

The Ohio Air Quality Development Authority (OAQDA) issued $275 million in air quality revenue bonds to finance Madison Fields Solar Project in Madison County, Ohio.

Goldbeck Solar, a Germany-based solar power solutions company, is rebranding its North American EPC Division, formerly known as GP JOULE EPC North America. Effective immediately, the division will currently run under the name Goldbeck Solar.

Power plants in Spain created 54% of their electrical energy from clean as well as eco-friendly sources in May, Spanish grid operator Red Electrica de Espana (REE) stated in its estimates report for the month.

Poland gets on track to connect greater than 6 GW of new solar photovoltaic (PV) systems to the grid in 2023, bringing the cumulative solar capacity in the country to over 18 GW, according to quotes by the Institute for Renewable Energy IEO.

Solar project programmer and also driver Emeren Group (NYSE: SOL), narrowed its first-quarter net attributable loss to USD 194,000 (EUR 208,780) as revenues practically tripled as well as costs declined.

EDP Renovaveis SA (ELI: EDPR) introduced on Thursday that it has been approved a 20-year feed-in-tariff (FiT) for 159 MW of wind and solar projects in Italy's current auction.

Lightsource bp has protected USD 460 million (EUR 424.7 m) in financing to sustain the building and also procedure of two utility-scale solar farm projects in the United States, the UK-based solar energy specialist stated on Thursday.

German solar as well as wind farm driver Blue Elephant Energy GmbH (BEE) has actually obtained a 120-MW portfolio of solar dispersed generation (DG) assets in Chile for an unrevealed sum, increasing its portfolio in the nation to 281 MW.

Greek industrial group Mytilineos SA (FRA: MYH) has actually consented to obtain a portfolio of 5 solar projects in Alberta, Canada with an anticipated consolidated capacity of 1,410 MWdc from local solar as well as energy storage space designer Westbridge Energy Corporation (CVE: WEB).

Canadian Solar Inc (NASDAQ: CSIQ) revealed on Wednesday it has settled the sale of the 100-MWp Azuma Kofuji solar park in Japan's northeastern prefecture of Fukushima to regional investors arranged by Mizuho Securities Co Ltd

Norwegian sustainable power manufacturer Scatec ASA (OSL: SSO) has actually closed the sale of its 42% equity risk in the 258-MW Upington solar farm complex in South Africa, the firm said on Thursday.

TrinaTracker will supply DEC International with kit amounting to 510MW for 2 projects