Solar Markets & Finance News

Renewables company Enel Green Power Chile, part of energy group Enel Chile, has acquired approval to launch commercial operation of its 162.8-MW net Valle del Sol solar photovoltaic plant in the Chilean region of Antofagasta.

Edison Next, an unit of Italian power provider Edison SpA (BIT: EDNR) today claimed it will provide a 7.1-MWp solar system for Berco, a manufacturer of undercarriage components and also systems for tracked earthmoving machinery, which belongs to commercial conglomerate Thyssenkrupp AG (ETR: TKA).

French power manufacturer Reden Solar SAS has joined Milan-based Energy 4 Synergy SpA (E4SY) to jointly establish and also mount a portfolio of a minimum of 300 MWp of projects in Puglia, southerly Italy.

EnfraGen LLC, a Latin America-focused renewables and also grid business, on Friday introduced a deal to acquire a 188-MW portfolio of wind, solar and also hydropower (HPP) plants in Panama and Costa Rica.

Loblaw Companies Ltd (TSE: L), Canada's largest retailer, has committed to procuring more than 300 TWh of renewable power each year for its stores across the province of Alberta under a deal with residential energy infrastructure firm TC Energy Corp (TSX: TRP).

Israel-based solar (PV) inverters vendor SolarEdge Technologies Inc (NASDAQ: SEDG) reported a soaring net profit and a record-high level of revenues generated in the initial quarter of 2023, boosted by "strong international presence and implementation capabilities."

Swedish renewables developer OX2 AB (STO: OX2) on Monday stated it has actually completed the AUD-126-million (USD 84.7 m/EUR 76.9 m) procurement of Australian peer ESCO Pacific, including a 1.42-GW project development portfolio to its platform.

Country's new photovoltaic technique sets out plans to add more solar capacity

Environmental Audit Committee warns "dark cloud of hold-ups" can hinder the UK solar sector

China's Longi Green Energy Technology Co Ltd (SHA:601012) today claimed it anticipates to create revenue of over CNY 160 billion (USD 23.2 bn/EUR 20.9 bn) in 2023 after the firm's turn over covered CNY 100 billion for the first time in 2022.

The plant is anticipated to get to industrial operation by the end of this year

Vivo, a brand of Telefonica SA (BME: TEF), on Thursday revealed that three more distributed generation (DG) solar plants with a combined capacity of 18.4 MWp were appointed in Brazil's Parana state in April to power the firm's neighborhood procedures.

The Greek government has actually officially fired the beginning weapon of a EUR-238-million (USD 261.8 m) programme that will certainly subsidise the installment of rooftop solar systems coupled with battery storage.

The full results of the Inflation Reduction Act have yet to be felt, but a take a look at one significant solar firm's order publication suggests massive demand.

The HELIOS project will provide power to the business's procedures in the region