Solar Markets & Finance News

Honda jets to car industry’s ‘largest’ clean energy buy with 320MW PPA duo

Japanese carmaker Honda has clinched the car industry’s supposedly “largest” renewable energy deal, signing a duo of virtual power purchase agreements (VPPAs) for 320MW of wind and solar to power its US operations.

Sep 24, 2019 // Manufacturing News, Markets & Finance News, Transport, USA, Texas, North America, e.on, honda, corporate offtaker, corporate vppa, Oklahoma, abakus solar, Ryan Harty

Austria scraps its sun tax

The nation’s political parties have found agreement on a green electricity package which is expected to create stable conditions for the next three years. From next year, €36 million will be made available annually for the further support of PV systems and energy storage.

Sep 24, 2019 // Markets & Finance News, Storage, Rooftop PV, Europe, Austria, Heinz-Christian Strache, Vera Immitzer, PVA

Canada’s Saskatchewan province to halt net metering for solar

Utility SaskPower is set to close the net metering open to systems up to 100 kW in size once a 16 MW cumulative generation capacity limit is reached in the province.

Sep 24, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Canada, SaskPower, Mike Marsh, Tim Schulhauser

Tender for megawatt scale solar-plus-storage launched in Sri Lanka

A planned 10 MW solar project will be coupled with a storage system with a minimum capacity of 8 MWh. The facility will be near Hambantota in southern Sri Lanka.

Sep 24, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, storage, tender, Asia, Sri Lanka

Mongolia tenders 10 MW solar plant

The project, planned for Khovd in the west of the country, is being developed with the support of the World Bank.

Sep 24, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, tender, Asia, Mongolia

France, Netherlands, UK commit US$350m to emerging solar and storage

A handful of European states have moved to bankroll various World Bank clean energy initiatives, with US$100 million of French and Dutch money set to back PV in Sub-Saharan Africa.

Sep 23, 2019 // Markets & Finance News, Storage, storage, France, UK, Europe, world bank, Netherlands, BESS, emerging markets, emerging pv, cif

174 Power Global acquires OnForce Solar

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

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