Solar Markets & Finance News

Turkey has awarded 12 pre-licences for the installation of renewables-based energy storage space projects with an overall capacity of 744 MW, Mustafa Yilmaz, the head of the nation's Energy Market Regulatory Authority (EMRA), informed Anadolu Agency on Saturday.

Helexia, a Voltalia subsidiary, to add 400 megawatts of solar An incentive program has actually sped up solar development in Brazil

The report stated that the development of the automotive sector in Indonesia, Vietnam, Mexico, Thailand, as well as India is anticipated to drive the sector.

The European Commission on Wednesday approved the arrangement of EUR 158 million (USD 172.6 m) in state aid to Polish oil refiner PKN Orlen SA for a 100-MW renewable hydrogen project.

Sun Cable Pty Ltd has actually signed a non-binding pact for prospective power materials from its massive Australia-Asia PowerLink (AAPowerLink) project to a mineral processing facility near Darwin in Australia's Northern Territory region.

South Korea is intending an enormous growth of solar panels mounted on commercial roofs as well as parking lots as it looks for to conquer land restrictions slowing its clean energy transition.

Developer has actually acquired a 50% share in project from EDF Renewables North America, that includes 40MW of storage

By the end of Q1 2024, CSI Solar intends to add 30 GW of ingot, 15 GW of wafer, 10 GW of cell and also 25 GW of module capacity. For 2022, Canadian Solar clocked a net income of $240 million that it lately announced.

The funding will support the businesses screening and preparing their technologies to be all set for the energy market, motivating exclusive financial investment and also creating new jobs. At present, the UK government is backing three UK businesses to make their projects a reality.

Local solar installer RevoluSun Massachusetts has revealed it is altering its name to Solaris Renewables, effective promptly.

Seven projects all located in the Basilicata area are due online in H1 2025 as well as H2 2026

Ryse Energy, a professional in decentralised renewable resource systems, has actually raised USD 15 million (EUR 13.7 m) in a growth funding round led by RWE Energy Transition Investments, an investment vehicle of the energy trading arm of German energy team RWE AG (ETR: RWE).

French mass distribution and real estate group Groupement Les Mousquetaires has committed to procuring electricity from a 29-MW solar park in its house country possessed by the neighborhood device of green energy manufacturer Q Energy.

United States renewable resource and also energy storage facilities designer Vesper Energy stated it has actually upsized its existing letter of credit (LC) center to USD 200 million (EUR 183.6 m) to advance its 16-GW solar as well as storage development pipeline.

The new energy transition platform of India's diversified energy as well as facilities company Jakson Group on Tuesday boasted orders to construct more than 1 GW of renewable resource projects throughout India, Africa and the Middle East.