Solar Markets & Finance News

European Investment Bank to finance Nuñez de Balboa mega-facility

Europe’s biggest PV solar plant is one step closer to fruition after the European Union’s investment arm and Spain’s state-owned bank the Insituto de Crédito Oficial have agreed to bankroll it with a €285 million (US$319 million) loan.

Jul 18, 2019 // Markets & Finance News, Extremadura, Insituto de Crédito Oficia, Galán, Emma Navorro, ICO

National Grid Completes $100M Acquisition Of Geronimo Energy

National Grid has completed its $100 million acquisition of Minneapolis-based wind and solar developer Geronimo Energy.

Jul 15, 2019 // Markets & Finance News, National Grid, Geronimo Energy

Cypress Creek to Cut EPC Business, Expand in Competitive Markets

The utility-scale developer seeks to reorient itself around competitive markets beyond its base in the Carolinas, using third-party construction firms instead of its own staff.

Jul 11, 2019 // Markets & Finance News, USA, Cypress Creeks, EPC, New York, North America

ABB to Exit Solar Inverter Business, at a Cost of $470M

It’s the third big solar inverter player so far this year to move out of an increasingly challenging market.

Jul 9, 2019 // Markets & Finance News, ABB, Lindsay Cherry, Wood Mackenzie Power & Renewables, Tarak Mehta, EcoStruxure, IOT platforms, Kaco’s

New York Funds Energy Storage On Long Island

Gov. Andrew M. Cuomo, D-N.Y., has announced a funding opportunity for both residential and commercial energy storage on Long Island.

Jul 8, 2019 // Markets & Finance News, New York State Energy Research and Development Authority, NYSERDA, Cuomo’s Green New Deal, NYSERDA and PSEG-LI

Freedom Solar Expands In Austin

Austin, Texas-based Freedom Solar, a provider of turnkey solar installations in Texas, has moved into a new, expanded Austin headquarters and added new employees to accommodate the company’s growth.

Jun 28, 2019 // Markets & Finance News, Austin, Freedom Solar, Freedom Solar’s CEO

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