Solar Markets & Finance News

The world's biggest solar manufacturer slashed prices for a key component as expanding capacity in the market escalates cost competition.

Italy's Gestore dei Servizi Energetici (GSE) on Monday announced 422 MW of wind, solar and also hydropower projects as winners in its newest ask for renewable energy capacity.

China's Trina Solar Co Ltd (SHA:688599) stated on Monday it has protected an order to supply 510 MW of smart solar trackers for several projects in Uzbekistan.

Spanish independent power producer (IPP) Opdenergy Holding SA (BME: OPDE) said on Monday it had actually published a net loss of EUR 1.89 million (USD 2.02 m) for the first quarter of 2023, narrowing it from an EUR-8.26-million loss in the year-ago duration.

Germany's Federal Network Agency has initiated the 2nd round of the ground-mounted solar tender, targeting projects with an incorporated capacity of 1.61 GW.

The business took a majority risk in Unagi SA, which holds shares in 16 PV projects

Community solar supporters are applauding the California Senate Budget Committee for proposing a $400 million community solar and storage financial investment in the upgraded Budget and Fiscal Review, launched on May 25.

Installed capacity has already exceed 12.4 GW from 7.7 GW in 2021, says Institute for Renewable Energy

Industrial capacity to create panels, turbines and also electrolyzers for the clean energy shift is expanding quickly, according to a new IEA analysis.

The integrated project will certainly make monocrystalline silicon pull rod, silicon wafer, high-efficiency solar cells and modules. Jiangxi Jinko has actually authorized an investment framework agreement with the Management Committee of Transformation Comprehensive Reform Demonstration Zone of Shanxi Province.

Africa-focused lasting power remedies supplier WATT Renewable Corporation said on Tuesday that it won a USD-10-million (EUR 9.33 m) contract to install solar arrays and also power storage in Nigeria for an unnamed financial institution.

German property solar battery manufacturer Sonnen GmbH has doubled its manufacturing capacity as well as can currently produce 120,000 home storage systems annually at its headquarters in Bavaria much earlier than initially prepared.

Sun Cable will certainly be gotten by an entity affiliated with Grok Ventures, a financial investment vehicle of Australian billionaire Mike Cannon-Brookes, as revealed on Friday by the voluntary administrators of the company, namely FTI Consulting.

Renewable resource manufacturer Enefit Green AS (TAL: EGR1T) revealed today it has actually taken the last financial investment decision (FID) on the 74-MW Sopi solar project at home in Estonia, with strategies to commission the facility in 2025.

The suggested sale of a 50% passion in Enel SpA's (BIT: ENEL) Greek renewable energy subsidiary has actually been momentarily frozen, Greek news website Newmoney reports.