Solar Markets & Finance News

Balancing solar with agriculture in the US Midwest
Today we have heard of farmers in Australia unhappy at the approval given for three solar projects on agricultural land and also learned the benefits PV can bring for fish and shrimp farmers. In this op-ed for pv magazine USA, Stoel Rives LLP attorneys Sara Bergan and Thomas Braun discuss the balancing act to be made between solar and agriculture in the emerging Midwestern PV market.
Aug 29, 2019 // Markets & Finance News, Policy, USA, Australia, Oceania, North Dakota, North America, Sara Bergan, Thomas Braun, Stoel Rives LLP
Trump ratchets up tariffs on Chinese products – including batteries
While the damage is largely done for cells, modules and inverters, increased tariffs on U.S. module components and 15% measures on lithium-ion batteries are not good news for either sector.
Aug 29, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Inverters, Tariffs, USA, Lithium-ion batteries, TESLA, Sungrow, Trump, Inverters, Huawei, North America, tariffs, PV cells, modules, Enphase, Flex, USTR, Kelly Speakes-Backman
BBOXX closes US$50 million funding round led by Mitsubishi
BBOXX has successfully closed a US$50 million Series D funding round that will see the next generation utility company accelerate its global expansion efforts.
Aug 29, 2019 // Markets & Finance News, Germany, Europe, Africa, bboxx, mitsubishi, Mansoor Hamayun, PowerGen Renewable Energy, Rafiki Power, E.on SE
Maharashtra eyes tariff cap of around US$0.040/kWh for new PV tender
India’s Maharashtra state has launched a process to procure a major slice of grid-linked solar power, pushing for low prices in line with earlier tenders this year.
Aug 29, 2019 // Plants, Markets & Finance News, Grids, Tariffs, India, tender, Asia, tariff, prices, maharashtra, Vinay Rustagi
Solar hails victory as Victoria u-turns to ramp up rebate support
Victoria’s state government has yielded to industry pressure and increased the frequency and number of rebates available in its rooftop solar subsidy programme.
Aug 29, 2019 // Residential, Markets & Finance News, Policy, Rooftop PV, Victoria, Australia, rooftop, John Grimes, Oceania, subsidies, smart energy council
Industry: Seizing LatAm solar potential requires busting myths
Fully tapping into Latin America’s bullish solar market will require challenging preconceptions around a region that is more stable than is sometimes assumed, local operators have told PV Tech.
Aug 29, 2019 // Markets & Finance News, Policy, Amazon, South america, Latin america, Brazil, jair bolsonaro, Mexico, North America, Absolar, latam, bolsonaro, Rodrigo Sauaia, AMLO
China to fund 450 MW of solar capacity in Bangladesh
The two nations are due to sign an MoU today to set up the capacity in the north of Bangladesh along with 50 MW of wind power facilities in the south, near the port of Payra. China will supply an estimated $500m with the host nation freeing up land for the projects.
Aug 27, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, China, Bangladesh, Asia, North-West Power, AM Khurshedul Alam, National Machinery Import and Export Corporation
Tendency toward diversification
Looking back at the PV market in 2018, micro module technologies started maturing in development and moving on to mass production, writes TrendForce analyst Lions Shih. Modules are no longer limited to a single design as before, but rather continuing on the path toward diversification in 2019. The situation is spreading into other areas, as may be seen in the upstream silicon wafer and cell segments.
Aug 27, 2019 // Manufacturing News, Markets & Finance News, China, Asia, wafers, bifacial modules, bifacial cells, EnergyTrend
Legal firm asks Sunnova investors burnt by IPO to get in touch
First-half losses that ballooned to $85.3 million saw the share price of the Texan third-party solar company fall 8% according to San Diego law firm Robbins Arroyo LLP. The legal business says it is investigating ‘potential violations of federal securities laws’ in connection with last month’s IPO.
Aug 26, 2019 // Markets & Finance News, USA, Sunnova, North America, Robbins Arroyo LLP
US electricity retailers are ditching fossil fuels
Three different retail electricity providers in the United States have announced new programs to provide customers the option to buy 100% renewably sourced electricity, with one of the three even coming at no additional cost.
Aug 23, 2019 // Markets & Finance News, USA, North America, Portland General Electric, Appalachian Power, Gexa Energy out of Houston, Appalachian Power’s Wind Water & Sunlight
Midsummer begins trading for new green bond listed at Nasdaq Stockholm
Midsummer rang the opening bell at Nasdaq Stockholm on Thursday, with the solar energy technology company signaling the start of trading for its new green bond.
Aug 23, 2019 // Markets & Finance News, Sweden, Europe, green bond, midsummer, Sven Lindström
GCL project development business has $1.6bn current liabilities deficit
The opening pages of the first-half update published on the Hong Kong exchange made all the right noises with the company set to be acquired by a Chinese state-owned entity. But the balance sheet makes for shocking reading.
Aug 22, 2019 // Markets & Finance News, China, Hong Kong, Asia, GCL-Poly, China Hua Neng Group Hong Kong Ltd, China Three Gorges New Energy Co Ltd, GCL New Energy, Shanghai Rongyao New Energy Co Ltd
Another 300 MW solar auction for Japan
The procurement exercise, which closes tomorrow, will be open to projects larger than 500 kW in size. The results will be announced on September 3.
Aug 22, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Japan, Asia, auction
The Chinese solar market is changing shape
Two reports have described how the world’s largest renewable energy market is moving towards maturity. According to the Brookings Institution, the Chinese clean energy market could become more open to Western investors and tech. A report by Fitch claims projects are moving back to inland provinces from coastal regions.
Aug 22, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, China, Trump, Asia, North America, Jeffrey Ball, China-U.S. trade war
European subsidy-free markets have ‘developed rapidly’, investor says
One of Europe’s leading utility-scale solar investors has said that the continent’s subsidy-free solar market has “developed rapidly” in recent months.
Aug 22, 2019 // Markets & Finance News, Tariffs, UK, Europe, subsidy-free, Foresight Solar Fund, NextEnergy Solar Fund