Solar Markets & Finance News

Meyer Burger Technology AG (SWX: MBTN) is thinking about lawful options to impose its right after its perovskite solar cells manufacturing companion Oxford Photovoltaics Ltd terminated an existing cooperation contract between both "for own strategic factors".

R Power secures EUR53m funding from BNP Paribas Bank Polska and also Santander Bank Polska for seven projects

Avangrid Renewables has sold its 600 MW solar as well as battery projects portfolio to Primergy Solar. Primergy will monitor projects' design, purchase, funding, building and construction, and business procedures.

China might install approximately 65GW of solar this year, driven greatly by a rise popular for dispersed solar setups, while average solar deployment could get to 90GW each year in the years leading up to 2025.

Polysilicon maker Daqo New Energy has actually completed its going public (IPO) of its primary operational subsidiary Xinjiang Daqo New Energy on the Shanghai Stock Exchange's Sci-Tech advancement board (STAR Market) and also has started trading (SSE:688303).

German solar programmer and distributor BayWa r.e. has actually rebranded Enable Energy, which it acquired in September 2020, as BayWa r.e. Power Solutions.

4th Partner Energy obtained 8.9 MW of solar portfolio from Statkraft India. Statkraft has determined to leave the dispersed solar company due to some strategy adjustments.

Solar energy stocks have a new best friend.

Canadian energy group Cenovus Energy Inc (TSE: CVE) has actually signed an off-take offer to get electricity from an approximately 150-MW solar project suggested in Alberta by compatriot Elemental Energy Inc

Building and construction of the Terra Solar-developed projects in Wexford as well as Cork will start in 2022

Cenovus to acquire the output from a project in Alberta created by Cold Lake First Nations as well as Elemental Energy

China is expected to add 55-65 GW of solar capacity in 2021. Federal government plans pressed the inflation in distributed solar projects as well as property setups in the 2nd half of the year.

If existing fads proceed, renewable energy will provide about one-third people power to the grid by 2030, although this could get to fifty percent of generation if implementation rises, according to information by the Energy Information Management (EIA) as well as the Federal Power Regulatory Commission (FERC).

Spanish renewables programmer Opdenergy has authorized a power acquisition agreement (PPA) with AEP Energy Partners for a 63-MW direct existing (DC) photovoltaic or pv (PV) project in Virginia.

Galician designer intends to include 170MW of storage to the Texas project which is at the ready-to-build phase