Solar Markets & Finance News

174 Power Global has acquired OnForce Solar, a New York-based commercial solar development firm and community solar business. With this acquisition, 174 Power will boost its profile in both the retail energy sector and C&I project development market.

Sep 23, 2019 // Markets & Finance News, USA, New York, New Jersey, North America, 174 power global, onforce solar, Henry Yun, Charles Feit

US energy regulator moves to limit mandatory renewable purchases

Solar representatives have cautioned against a move to overhaul US rules that have guided utilities' mandatory renewable purchases for decades, setting the scene for a policy clash.

Sep 23, 2019 // Markets & Finance News, USA, SEIA, FERC, PURPA, North America, big sun

Germany ditches solar subsidy cap to hasten clean energy shift

The German government has acted to remove a key hurdle to solar growth, in a deal hammered out as pressure for bold climate policies builds in the country’s streets and legislative chambers.

Sep 23, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Policy, Germany, Europe, subsidy, Angela Merkel, Carsten Körnig, Malu Dreyer, Simone Peter

The Connection Between Solar and Bitcoin

Bitcoin and the solar energy industry are increasingly intertwined. For instance, buying solar panels with bitcoins is becoming easier. Several businesses, such as gogreensolar.com, AM Solar, and Spendabit, offer complete solar panel kits and accept bitcoin as payment.

Sep 23, 2019 // Markets & Finance News, SEIA, Australia, Oceania, Bitcoin, Laurent Schmitt, Power Ledger

Open PV Project goes offline

The US Department of Energy has shut down the site for its Open PV Project, which supplied cost and installation data. Is this the winding down of a project whose time had come, or is the administration of President Donald Trump closing off another data source on renewable energy?

Sep 20, 2019 // Markets & Finance News, Policy, USA, SEIA, Donald Trump, North America, Open PV Project, Dr. Christopher Clack, Vibrant Clean Energy

Indian renewables leaders split over need for regulation

While some of the industry insiders at REI 2019 have made predictable calls to scrap restrictions imposed by regulators, others have continued to maintain that policy support is crucial, while audience members voiced concerns about India’s lack of recycling rules.

Sep 20, 2019 // Markets & Finance News, Storage, Tariffs, Policy, India, China, Asia, REI, Somesh Kumar, Santosh Khatesal, Enerparc Energy, Anuvrat Joshi, Cleantech Solar, Arvind Reddy, Enerparc

Google bets on cheap solar via ‘biggest’ clean energy buy to date

Tumbling solar costs have spurred Google on to a dramatic boost of its exposure to the technology, acting to line up supply from projects worldwide as part of a major clean energy push.

Sep 20, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, Amazon, Chile, solar pv, South america, Europe, North America, Facebook, Google, Denmark, corporate ppa, Sundar Pichai

Denmark poised for multi-gigawatt solar boom in coming decades

The solar surge expected to hit Europe in the coming decades could extend to one of the continent’s northernmost countries, new official stats indicate.

Sep 20, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, solar pv, Europe, auction, Denmark, market forecast, dea,

Moldova sets renewables tariffs

The energy regulator has set a 15-year payment of $0.10/kWh for PV projects with a generation capacity of 10 kW-1 MW. The first auctions for large renewables projects are planned for early next year and will grant a fixed rate rather than a variable premium.

Sep 19, 2019 // Markets & Finance News, Tariffs, auctions, Europe, Moldova, ANRE, Vitali Zveaghintev, Zaw Energy

NextEra Energy Partners offering US$500 million of senior unsecured notes

NextEra Energy Partners has announced a private offering of US$500 million in senior unsecured notes due 2026 by its subsidiary company NextEra Energy Operating Partners (NEP OpCo).

Sep 19, 2019 // Markets & Finance News, USA, North America, NextEra, senior notes

Constellation secures three customers for 175MW of solar power in Virginia

Baltimore-based power provider Constellation has inked a deal to sell power from a 175MW solar facility in Virginia to Johns Hopkins University, spice and seasoning mix company McCormick & Company and department store corporation TJX Companies.

Sep 19, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, Virginia, North America, constellation, exelon, johns hopkins university, mccormick & company, tjx companies, renewable energy certificates, baltimore

Brexit cannot avert the ‘fundamental issue’ of energy transition, event told

Energy companies are lacking any kind of certainty over Brexit and how it will affect the sector, but cannot allow it to have any impact on the “fundamental issue” of climate change and the energy transition, some of Europe’s leading utilities have said.

Sep 19, 2019 // Markets & Finance News, Policy, storage, UK, utilities, Europe, policy, Brexit, Emeka Chukwureh

Industry: Political deadlock puts Spain’s clean energy shift at risk

Politicians’ failure to form government pacts condemns Spain’s clean energy shift to further delays and uncertainty, the industry has warned as the country heads to fresh polls.

Sep 19, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Policy, Spain, Europe, FER

Minister: Mexico’s postponed auction will come when time is right

Mexico’s state-run utility and fossil fuel infrastructure need more time before the country can re-arrange the renewable auction it cancelled this year, a top official has said.

Sep 19, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, solar pv, Latin america, auctions, Mexico, North America, AMLO, esslatam, tenders, cfe, Marco Nieto-Vázquez

Financiers get behind 296MWdc merchant bifacial project in Mexico

Fotowatio Renewable Ventures (FRV) has lined up finance for a major bifacial solar project it will develop in Mexico’s centre without the help of subsidies.

Sep 19, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, bifacial, Latin america, ifc, Mexico, North America, frv, fotowatio

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