Solar Markets & Finance News

The Spanish company plans to develop 66 solar and wind parks that will add 3 GW of renewable energy generation capacity in 50 municipalities near Teruel, Navarre over the next four years. Some 34 facilities will be solar plants that will add 1.3 GW as part of an investment of more than €2.4 billion.

Utility UTE is planning to resume solar energy development with a new large scale PV project after several years of almost zero growth.

Power purchase agreements may be voluntarily renegotiated by extending the 20-year deals or enabling independent power producers to add more efficient PV components, thus increasing plant generation capacity.

The solar park will be connected to the Soma substation, a piece of grid infrastructure expected to increase electricity access in the country to 60%. The project will add to 30 MW of other solar facilities under development in the West African nation.

Perimeter Solar has sold 74.25MW of power from its proposed 130MW solar farm in Alberta, Canada to energy company TC Energy, in a deal billed as Canada’s “largest” private power purchase agreement (PPA) to date.

Vivint Solar has refuted claims by short-seller Marcus Aurelius Value of “malfeasance” around sale contracts, in a counteroffensive launched after days of gradual stock share decline.

The site of two controversial development proposals that never came to pass is now slated to be filled with solar panels and computing storage buildings.

Residents of the Verde Para Sempre extractivist reserve in the Brazilian Amazon protested as loudly as they could about the Tucuruí transmission line.

The nation’s plan for grid-parity solar – brought forward to ease a mounting public PV subsidy debt burden – could be left in ruins by a newly-announced scheme to part liberalize the electricity price, itself motivated by a need to bail out financially stricken state-owned power companies.

With hundreds of billions of dollars in assets and funds under management, Macquarie Group is seeking to amplify its considerable influence, bringing investment and reporting to bear on accelerating climate mitigation and adaptation.

De Raj Group and STC Energy have struck a deal to deploy an 88.371MW solar portfolio near Kiev, in a bid to capitalise on Ukraine’s feed-in tariff (FiT) scheme.

A nonprofit organization is forming a solar co-op to help those interested in purchasing solar panels.

The French renewables group has taken over a specialist in C&I rooftop solar and launched a share purchase offer to enable its employees to benefit from the growth of the company.

Prime minister Su Tseng-chang announced the ambition and said the new solar plan for 2019-20 will bring investment and business opportunities of around US$7.5 billion.

The U.K. province’s grid operator SONI has announced a £500 million plan to prepare the network for an almost fully renewable electricity system within just five years. Despite the U.K. being seemingly paralyzed by Brexit, the network operator says it can already cope with 65% clean energy in the mix.