Solar Markets & Finance News

Bolsonaro clears Brazilian solar scheme at floating plant launch

Jair Bolsonaro has given the green light to a new solar scheme in Brazil’s northeast, marking its launch as he attended the opening of a separate floating project.

Aug 6, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, Floating PV, floating PV, South america, Latin america, Brazil, solar water pump, jair bolsonaro, Bento Albuquerque, Gustavo Canuto, Chesf, floating plant

New Jersey Resources to issue US$150m green bond for 50MW of solar

Energy provider New Jersey Resources (NJR) is selling US$150 million of green bonds to finance six commercial solar plants with a combined capacity of 50MW.

Aug 6, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, New Jersey, solar pv, ssfusa, green financing, new jersey resources, financial results, clean energy ventures, North America

Xinte Energy profits in 1H 2019 to be significantly impacted by polysilicon price declines

Major China-based polysilicon producer, Xinte Energy has signalled a significant decline in expected profits for the first half of 2019, due to polysilicon ASPs declining 43% from the prior year period.

Aug 6, 2019 // Manufacturing News, Markets & Finance News, China, CPIA, SMSL, xinte energy, polysilicon, c-si manufacturing, wacker chemie, ASPs, JinkoSolar, JYT, Asia

Solar scores lowest average prices in Argentina’s smaller-scale tender

Solar has emerged as the overall cheapest technology in Argentina’s latest clean energy tender, aimed at smaller-scale installations.

Aug 6, 2019 // Plants, Large-Scale, Markets & Finance News, Canadian Solar, solar pv, Argentina, South america, Latin america, renovar, cammesa, auction ppa, MiniRen tender

Duke Drops Largest Solar Project in North Carolina Procurement — Its Own

The cancellation of an 80-megawatt project with no financial penalty raises questions about a monopoly utility competing against private developers.

Aug 6, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, North Carolina, Duke Energy, Randy Wheeless, Chris Carmody, Accion Group, Cypress Creek Renewables, utilities, North America

Renovalia nails financing for Spain’s first merchant PV project

The €29.7 million financing package was awarded by Banco Sabadell. Renovalia’s 79.2 MW solar park will be Spain’s first PV facility to sell all of its output on the spot market.

Aug 5, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Solar, Spain, PV plants, pv modules, Renovalia, Banco Sabadell, El Bonal, Europe

Sterling and Wilson Solar to launch IPO this week

The Shapoorji Pallonji Group’s solar EPC business will hit the capital markets with an initial public offering on Aug. 6.

Aug 5, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, India, IPO, SWSL, utility-scale PV

CleanPeak expands solar mall portfolio in Australia with ReNu acquisition

ReNu Energy signed an agreement last week for the sale of its Australian solar assets to CleanPeak Energy, a commercial rooftop solar startup.

Aug 5, 2019 // Plants, Large-Scale, Markets & Finance News, Inverters, Rooftop PV, Australia, rooftop, solar pv, ReNu, CleanPeak, SCA, Craig Ricato

NTPC opens global bids for 20 MW floating solar project in India

The winning developer will be able to use solar modules and cells of any origin for the plant, which will be built in Auraiya district, in the Indian state of Uttar Pradesh. Bidding closes on Sept. 5.

Aug 5, 2019 // Plants, Markets & Finance News, Solar, India, pv modules, NTPC, Asia

JA Solar’s bifacial double-glass PERC modules used on 2.5MW rooftop project for Goodyear Malaysia

‘Solar Module Super League’ (SMSL) member JA Solar has supplied its bifacial double-glass PERC modules to a 2.5MW rooftop project at a Goodyear tire manufacturing facility in Shah Alam, Malaysia, the country's largest such project.

Aug 5, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Markets & Finance News, Solar, Malaysia, rooftop, SMSL, JA Solar, Goodyear, pv modules, Asia

US sanctions to redirect Chinese PV supply towards Europe, Asia

Ongoing US-China trade tensions will not ruin solar fortunes on either side as players adapt by redrawing the lines of global supply flows, Fitch Solutions has predicted.

Aug 5, 2019 // Manufacturing News, Markets & Finance News, Policy, Solar, USA, India, China, Fitch, solar pv, trade sanctions, Asia, North America

Japanese giants have solar operations on the down-low

Aug 2, 2019 // Residential, Markets & Finance News, Policy, Solar, Japan, Malaysia, Panasonic, GS-Solar, Kyocera, Residential PV, Asia

Soventix in talks to deploy 100MW solar in Nicaragua

Soventix has been singled out by the Nicaraguan government as the potential developer of a major solar project, the latest in a series of PV moves by the Central American state.

Aug 2, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Policy, Solar, UTILITY-SCALE SOLAR, Soventix, Nicaragua, Salvador Mansell Castrillo, PV plants, North America

SECI issues new 1.5GW PV tender under second phase of CPSU program

The Solar Energy Corporation of India (SECI) has issued another tender, seeking PV developers to help develop 1.5GW of solar projects across the country. This latest tender stands as part of the second phase of the Central Public Sector Undertaking (CPSU) program.

Aug 2, 2019 // Plants, Large-Scale, Markets & Finance News, Solar, India, SECI, tender, CPSU, Asia

German investor scoops up 6.5MW of distributed solar in El Salvador

A German player has become the owner of a distributed solar pipeline in El Salvador, laying the groundwork for construction to launch later this year.

Aug 2, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Germany, El Salvador, MPC Capital, Hamburg, PV plant, Geo Ingeniería, Europe, North America, Costa Rica

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