Solar Markets & Finance News

Foresight fund buys 107 MW of UK battery projects from Clearstone

British renewables developer Clearstone Energy has offloaded a 107-MW portfolio of battery energy storage systems (BESS) in the South of England to Foresight Energy Infrastructure Partners for an undisclosed sum.

May 25, 2023 // Markets & Finance News, Storage, UK, Europe, Clearstone Energy, Foresight Energy Infrastructure

Solar connection start-up ConnectDER banks USD 27m in fund-raiser

ConnectDER, a United States provider of meter collars for home solar connection, has actually pulled in USD 27 million (EUR 25.1 m) in fresh capital to broaden its organization in a Series C funding round led by Energy Innovation Capital (EIC).

May 25, 2023 // Manufacturing News, Markets & Finance News, USA, North America, ConnectDER

Tigo Energy combines organization with acquisition firm and goes public

Roth CH Acquisition IV Co., a publicly traded unique objective acquisition company, has actually revealed the completion of its service combination with Tigo Energy on May 24.

May 25, 2023 // Markets & Finance News, Tigo Energy

Solar investment outshines oil: IEA

Investment in solar power is anticipated to overtake oil for the first time this year as clean energy spending outpaces that for fossil fuels, the IEA stated in a report Thursday.

May 25, 2023 // Markets & Finance News, IEA

Gresham House raises ₤ 50m to fund United States solar-storage spree

Net profits of current issue will be purchased 160MW of PV with collocated battery projects in California

May 25, 2023 // Markets & Finance News, Storage, USA, North America, Gresham House, Ben Guest, John Leggate

Residential solar growth boosts Italy's Q1 solar additions

Italy brought online 1,058 MW of solar photovoltaic or pv (PV) parks in the very first quarter of 2023, getting to a cumulative set up capacity of over 26,100 MW, reveals data released by the domestic solar power association Italia Solare.

May 25, 2023 // Residential, Markets & Finance News, Italy, Europe

Statkraft posts 2nd-highest quarterly EBIT result

Norwegian state-owned utility Statkraft AS on Tuesday posted a 2.7% year-on-year increase in underlying operating earnings (EBIT) for the period January-March 2023.

May 25, 2023 // Markets & Finance News, Statkraft

JinkoSolar strategies financial investment of almost USD 8bn in new Chinese factories

Chinese solar module manufacturer JinkoSolar Holding Co Ltd (NYSE: JKS) made a couple of news on Wednesday in relation to its majority-owned principal operating subsidiary, including an enormous financial investment plan of CNY 56 billion (USD 7.94 bn/EUR 7.38 bn).

May 25, 2023 // Manufacturing News, Markets & Finance News, China, JinkoSolar, Asia

Toyota signs 100-MW solar PPA in Kentucky with Savion

Toyota Motor North America Inc claimed today it has signed a virtual power purchase agreement (PPA) with United States solar programmer Savion LLC to offtake 100 MW of energy from the latter's Martin County Solar Project in Kentucky.

May 25, 2023 // Plants, Markets & Finance News, USA, Toyota, PPA, North America, Kentucky, Savion

India brings online 12.5 GW of solar, wind in FY 2022/23

India's cumulative mounted sustainable generation capacity reached 125.2 GW at the end of March 2023, with over half of it originating from the solar market, which is forecast to add some 18 GW during the current year, JMK Research says in a new report.

May 25, 2023 // Markets & Finance News, India, Asia

Siltronic secures 600 GWh of solar to power German operations

German silicon wafer producer Siltronic AG (ETR: WAF) will certainly offtake 60 GWh of solar power each year to power its production sites in the government states of Bavaria and also Saxony.

May 24, 2023 // Markets & Finance News, Germany, Europe, PV Power Plant, Siltronic

China's Record-Breaking Push to Dominate Solar Tech Will Spur Clean Energy Throughout The World

Generating added power will decrease the price of electricity Material known as perovskite may hold key to breakthroughs

May 24, 2023 // Markets & Finance News, China, Asia, LONGi Green Energy Technology Co, Martin Green

Minnesota legislature passes $80 million omnibus renewable energy bill

The bill consists of funding for Minnesota's first energy storage incentive program as well as far more.

May 24, 2023 // Markets & Finance News, USA, North America, Minnesota

Savant Systems acquires POMCube battery and also inverter suite

Smart home as well as energy storage company Savant Systems has actually acquired POMCube, a solar battery and also inverter company.

May 24, 2023 // Markets & Finance News, Storage, Inverters, Savant Systems, POMCube

SUSI takes risk in United States solar-storage player

Encore Renewable Energy is a Vermont-based developer which has a decade-long track record

May 24, 2023 // Markets & Finance News, USA, North America, SuSI

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