Solar Markets & Finance News

Foresight continues Australian charge with small-scale renewables fund launch
Global solar investor Foresight Group has continued its charge into the Australian PV market, launching a sustainability framework to finance small-scale renewable infrastructure projects in the country.
Sep 13, 2019 // Plants, Markets & Finance News, Australia, solar pv, Oceania, investment, foresight group
Kosovo planning auction scheme for solar and wind capacity
The European Bank for Reconstruction and Development is helping the Kosovan government develop a competitive scheme for the award of payments to renewable energy generators. The Balkan state wants to add 400 MW of clean energy capacity by 2026.
Sep 13, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, EBRD, Kosovo, Valdrin Lluka
Bangladesh’s first state-owned solar plant comes online
The new generation facility was financed by the Asian Development Bank and built by Chinese company ZTE Corp. The project will sell power to the grid for $0.065/kWh, a record low for solar in the country.
Sep 13, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, China, Bangladesh, Asia, rooftop solar, Asian Development Bank, ZTE Corp, Floating solar
Essent takes over Belgian solar installer Aralt
The Essent business of German utility RWE wants to widen its clean energy offer for Belgian clients. Last year Aralt achieved a €5 million turnover.
Sep 12, 2019 // Plants, Large-Scale, Commercial, Residential, Markets & Finance News, Germany, Europe, Belgium, Aralt, Essent, Benelux
174 Power Global bags funding for utility-scale solar in Texas
174 Power Global has wrapped up construction financing for the US$210 million, 150MW first phase of its solar farm in Ector County, northwest Texas, clinching funding from a group of global banks.
Sep 12, 2019 // Markets & Finance News, USA, Texas, PV plants, North America, 174 power global, credit agricole corporate and investment bank, korea development bank, Q CELL modules
Limiting climate emergency will require ten-fold solar boom, DNV GL claims
Global solar PV capacity must increase ten-fold to 5TW by 2030 in order to meet the Paris climate targets, research body DNV GL has claimed.
Sep 12, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Grids, ENERGY STORAGE, solar pv, DNV GL, Ditlev Engel
Recovering interest rates may raise large scale solar electric price 11%
Renewables investment may by hit by rising interest rates despite the falling cost of clean energy tech just as fossil fuels avoid the impact of rising base rates.
Sep 11, 2019 // Markets & Finance News, Policy, LCOE, Europe, ETS
Price ceilings set as Brazilian PV sector readies for debut in new-generation auction
Brazil has unveiled the tariff ceilings solar players will face as they compete for the first time in the so-called new generation tender, opening up a new avenue of government support.
Sep 11, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, solar pv, South america, Latin america, Brazil, jair bolsonaro, ANEEL, São Gonçalo, Absolar, bolsonaro, Rodrigo Sauaia, a-6 auction, tenders
Angola eyeing 600MW solar market within three years
Angola is expecting to kickstart its dormant solar sector by deploying several hundred megawatts worth of projects within three years, a top government official has said.
Sep 11, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, Africa, subsaharan africa, Angola, luanda, policy, bsw, Baptista Borges, Intersolar
CEC issues warning over ‘collapse’ in new Australian renewables investment
Australia’s Clean Energy Council (CEC) has issued a stark warning over an apparent collapse in new investments into renewable energy projects.
Sep 11, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Grids, Policy, Battery Storage, Australia, Oceania, investment, renewable energy target, Kane Thornton
Enel pegs $1.5bn bond to clean energy performance
The Italian energy company has committed to paying higher returns on today’s fundraising bond if it fails to ramp up its installed renewable energy generation capacity to 55% of its overall total by the end of 2021.
Sep 10, 2019 // Markets & Finance News, Italy, Enel, Europe
Lithuanian energy ministry issues timeline for renewables auctions
The Baltic nation is heavily dependent on energy imports. A plan for energy independence by 2050 foresees the large scale deployment of renewable energy resources.
Sep 10, 2019 // Markets & Finance News, Europe, Lithuania, Žygimantas Vaičiūnas
Singulus lowers outlook after delayed CNBM order
The German PV equipment provider will not achieve the sales and earnings targets set for this year. CNBM is not expected to place orders for the expansion of its CIGS thin-film production operations in China until the fourth quarter.
Sep 10, 2019 // Manufacturing News, Markets & Finance News, China, Asia, CNBM, Singulus, thin-film module, Avancis
Czech utility CEZ further invests in solar
Eastern Europe’s largest utility has decided to acquire a minority stake in Zolar – a German provider of digital solutions for rooftop PV – alongside BayWa r.e. Energy Ventures.
Sep 10, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Germany, Europe, Czech utility CEZ Group, Tomáš Pleskač
Bipartisan bill looks to simplify distributed solar permitting in US
A Republican senator from Maine and a Democratic senator from New Mexico have introduced legislation that aims to slash costs and red tape currently complicating local permitting for distributed renewable energy, energy storage and electric vehicle (EV) charging systems.
Sep 10, 2019 // Plants, Large-Scale, Commercial, Residential, Markets & Finance News, Storage, Grids, Rooftop PV, USA, storage, North America, rooftop solar system, distributed solar, investment tax credit, Ross Hopper, Maine