Solar Markets & Finance News

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.

Chilean state-owned copper miner Codelco said on Monday it had renewed a contract with Canada's Innergex Renewable Energy Inc (TSE: INE) to continue utilizing solar heat to recover copper at its Gabriela Mistral Division mine in northern Chile.

Swedish thin-film solar modern technology business Midsummer AB (STO: MIDS) has actually received the initial tranche of a EUR-22-million (USD 24.0 m) direct support package protected from the Italian state to construct a manufacturing facility developed to generate 50 MW of thin-film solar cells per year.

Anhui Huasun Energy Co Ltd stated today it has actually signed a structure agreement with INERCOM Ltd to provide the Bulgarian engineering, purchase as well as construction (EPC) business with at the very least 1.5 GW of its solar modules by the end of 2025.

US-based renewables developer-operator Longroad Energy said on Tuesday that it is marketing the 83-MW/108-MWp Foxhound Solar project in the US state of Virginia to local energies team Dominion Energy Inc (NYSE:D).

In March, solar developer UGE got to the Notification to Proceed milestone for 6 new community solar projects throughout Maine, New York City as well as Maryland. In overall, these six projects will certainly include 10 MW of distributed solar to the grid.