Solar Markets & Finance News

BP Plc is mulling over a strategy to take complete control of UK-based solar programmer Lightsource bp, its 50%-regulated joint venture, Reuters reports, citing unnamed sources.

US developer Standard Solar has acquired a portfolio with 21 MW of prepared community solar projects in New York as well as Massachusetts in a transaction that enables it to increase its presence in the Northeast of the USA.

The new center by Hanwha will provide clean power company Qcells with encapsulant film. Likewise, Hanwha will certainly be the only company in the USA producing solar encapsulants.

French renewable nuclear power plant driver Voltalia SA (EPA: VLTSA) saw its net loss widen to EUR 7.2 million (USD 7.9 m) in 2022 due to boosted devaluation, amortisation and also provisions in addition to greater net economic expenses.

The North American unit of Italian utility team Enel SpA (BIT: ENEL) claimed Wednesday it has secured a tax obligation equity financial investment from Swiss food as well as drinks giant Nestle SA (VTX: NESN) for its 208-MW DC Ganado solar-plus-storage project in Texas.

Airtouch Solar has grown its procedures in India by signing a multi-year deal of close to 4 million USD with India-based ACME Group. The agreement will certainly lead tthe course for the supply as well as maintenance of solar panels cleaning robots.

The solar modules will be provided for the Vista Alegre solar energy project in Brazil. These modules are expected to complete their journey to Brazil in February of 2024 and also will certainly structure over fifty percent of the project.

Nestlé will certainly likewise purchase 100% of the renewable electrical power attributes created by the 208 MWdc Ganado solar-plus-storage project. Enel said that the yearly carbon emission decrease is expected to be regarding 126,294 statistics tons of CO2.

In addition to the solar production, SCPPA reserves the option to a 59 MWac x 4-hour BESS. The Sapphire solar project of EDF Renewables is anticipated to generate 375,800 MWh of clean power annually.

The facility includes a preliminary investment of at the very least $1.3 billion to assist meet the surging need for domestic and also worldwide electrical vehicles and lithium-ion batteries. The building and construction of the project is expected to start late in 2024.

This Power Purchase Agreement to acquire 5.5 MW is part of the GermanTechnology Group SCHOTT's international dedication to achieve climate neutrality by 2030 The Agreement is signed for twenty years, which will dramatically minimize carbon emissions in an otherwise energy-intensive glass manufacturing center.

Solar panel manufacturer SEG Solar has actually obtained a manufacturing center in Houston, Texas that will end up being a base for the manufacturing of more than 2 GW of photovoltaic (PV) modules every year.

15-year deal to offtake 12.4 MW from 2 solar plants within the Garrido complex

20-year deal with the Southern California Public Power Authority to offtake from its 117MW Sapphire project

The solar supplier has actually introduced its fourth quarterly and also full yearly 2022 results. Canadian Solar achieved record revenues of $7.47 billion last year which is a dive of 42% YoY. Worldwide solar maker Canadian Solar Inc. has actually announced its financial results for the 4th quarter and full year ended December 31, 2022.