Solar Markets & Finance News

Australia’s CEFC teams up with bank to fund solar, EV batteries
Australia’s green bank has found a funding partner for a new programme to support solar and electric vehicle (EV) batteries, days after pledging to back less-mature technologies more decisively.
Aug 14, 2019 // Markets & Finance News, Storage, storage, Australia, Clean Energy Finance Corp, rooftop, Oceania
Daqo prepares for flood of new PV orders in China
The polysilicon manufacturer took a step back in the last quarter to take two steps forward in the next, bringing forward annual maintenance operations at its main production facility to prepare for a solar gold rush expected to start next month.
Aug 14, 2019 // Manufacturing News, Markets & Finance News, China, polysilicon, Longgen Zhang, Daqo, mono wafers
German PV equipment makers report fall in revenue
Manz and Singulus have both seen turnover drop in the first half.
Aug 14, 2019 // Manufacturing News, Markets & Finance News, Germany, Manz AG, PV equipment, Martin Drasch, Singulus Technologies AG, Stefan Rinck
Ganfeng Lithium’s Hong Kong-based shareholders rebel
Holders of almost two-thirds of the miner’s Hong Kong listed stock voted down a proposal to issue new non-Chinese shares that would dilute their investment by around a quarter. The board had proposed the move to raise funds for further lithium extraction overseas.
Aug 14, 2019 // Markets & Finance News, China, Hong Kong, lithium, Ganfeng Lithium, Li Liangbin, floated company
Pattern Energy confirms takeover interest
Energy developer Pattern Energy confirmed on Tuesday that it is courting potential takeover suitors, but that so far no agreement or arrangement had been reached.
Aug 14, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, ssfusa, pattern energy, terraform power, brookfield asset mangement, mergers and acquisitions
Greenbacker Renewable Energy purchases 9.27 MW of under-construction solar projects
Greenbacker Renewable Energy Company purchased the rights to a portfolio of three solar projects totaling 9.27 MW from a subsidiary of BNRG Renewables (BNRG).
Aug 13, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, Greenbacker Renewable Energy Company, BNRG, Evergreen Solar Services, Charles Wheeler, Nick Holman
China holds key to corporate solar take-up but lags way behind Texas at present
The Lone Star State accounted for almost half of the activity witnessed in the world’s biggest corporate clean energy marketplace but analysts are excited about the prospect of Beijing mandating companies to purchase minimum levels of green electricity.
Aug 13, 2019 // Markets & Finance News, Policy, USA, PPAs, Texas, China, Europe, Africa, Lone Star State, green electricity, RPS, Nordic nations
Aquavoltaics in the Philippines
An EU funded solar-plus-storage project has been tendered in the Philippines. The United Nations is seeking bids for the system, to support the for the seaweed industry on the island of Tawi-Tawi. Combining PV with aquaculture brings many advantages for both, including water conservation, a more controlled aquatic environment, and ecosystem restoration.
Aug 13, 2019 // Technology, Markets & Finance News, Storage, Floating PV, USA, tender, floating PV, United Nations Industrial Development Organization, Philippines, RETS, MinDA, hybrid systems
GCL-Poly posts $141m loss in H1
The Chinese PV group recorded a loss attributable to owners of the company of roughly $141.1 million, as its solar materials division posted a loss of approximately $185.5 million.
Aug 13, 2019 // Manufacturing News, Markets & Finance News, USA, China, polysilicon, GCL-Poly Energy Holdings, Zhu Gongshan, wafers
Australia to redirect $337.8m in aid to Pacific neighbors for renewables
In anticipation of the Pacific Islands Forum (PIF) in Tuvalu this week, Australian Prime Minister Scott Morrison is set to announce A$500 million ($337.75 million) in foreign aid to partnering Pacific nations in the form of a climate change and oceans funding package for renewable energy investment and climate resilience.
Aug 13, 2019 // Markets & Finance News, Policy, Australia, Pacific Islands Forum, Scott Morrison, Frank Bainimarama
US ROUND-UP: Gap diversifies; 125MW PPA in MI; Military-funded space solar; Solar bees
Global retail brand Gap moved one step closer to its goal of fully renewably-powered operations by 2030 after signing a power purchase agreement (PPA) with Enel Green Power North America. It has purchased 90MW of energy from the renewables giant's North Dakota wind project for a period of 12 years.
Aug 13, 2019 // Technology, Manufacturing News, Plants, Large-Scale, Commercial, Markets & Finance News, Solar, USA, SunPower, plants, Michigan, cleanchoice energy, solar bees, Antonio Cammisecra, air force, university of toledo, solar space, upper peninsula power company, power purchase agreement, orion renewable energy group, map energy, gap, North Dakota, enel green power, the chandler solar project, North America
Neoen touts 50MW victory in Portugal’s momentous PV auction
Neoen has shed light on its winning project in Portugal’s head-turning solar auction this summer, a tender consultants now say illustrates a new, bolder attitude towards merchant risks.
Aug 13, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, Portugal, solar pv, plants, Europe, neoen, auction prices, auction ppas, largescale2020
AIIM, Nedbank to co-fund 40MW C&I pipeline in Southern Africa
Commercial and industrial (C&I) solar is set for a boost in South Africa, with financial support now lined up for a new pipeline.
Aug 13, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, C&I, Africa, nedbank, aiim, african infrastructure investment managers, sola group, eskom, Orionis
USTDA backs 150MW solar-plus-wind-plus-storage project in Zambia
The US Trade and Development Agency (USTDA) has agreed to finance a feasibility study for a 150MW hybrid solar, wind and battery plant in northern Zambia.
Aug 13, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Grids, First Solar, hybrid, solar-plus-wind-plus-storage, grid, Africa, upepo energy partners, zambia, east africa, ustda, wsp usa
FreeVolt, Apparent partner on solar+storage offerings in California
Newish European-based panel manufacturer FreeVolt has entered into a partnership with California-headquartered energy management company Apparent. FreeVolt’s U.S. installation division FreeVolt USA will team with Apparent to provide solar-plus-storage systems to California homeowners and C&I customers.
Aug 12, 2019 // Manufacturing News, Markets & Finance News, California, USA, CAISO, solar-plus-storage, FreeVolt, Apparent, Jacqueline DeSouza