Solar Markets & Finance News

France to fund innovative off-grid renewables projects in Africa

The French development agency and the environment ministry have a €1.6 million budget to finance novel off-grid projects from companies and NGOs operating with local partners in Africa.

Sep 24, 2019 // Markets & Finance News, France, Europe, Africa, NGOs

Engie buys 25MW/22MWh solar-plus-storage pipeline in Massachusetts

Engie North America has bought a four-project portfolio in Massachusetts that comprises 25MW of solar and 22MWh of energy storage.

Sep 24, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, USA, storage, Massachusetts, SMART, Engie, solar-plus-storage, North America

Top UK solar investor hails arrival of subsidy-free PV viability in the country

Top UK solar investor Bluefield Solar Income Fund (BSIF) has hailed the advent of subsidy-free utility-scale solar in the UK, announcing a number of agreements to bring forward unsubsidised projects in the country.

Sep 24, 2019 // Markets & Finance News, UK, pv power plants, Europe, subsidy-free solar, BSIF, John Rennocks

Audax scores ‘strongest H1 to date’ after solar PPA streak

One of Spain’s prominent subsidy-free solar players has witnessed a bullish start in 2019 after becoming the offtaker for some of the largest deals seen in the country so far this year.

Sep 24, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, PPA, pv power plants, subsidy-free pv, Trina, audax, WElink, Statkraft, Jaime Jaquotot

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

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