Solar Markets & Finance News
PNE Confirms 2024 Outlook Despite Widening H1 Losses
Despite a net loss, PNE AG remains optimistic, with CEO Pedersen confident in meeting full-year goals. Projects nearing completion offer hope for a turnaround.
Aug 16, 2024 // Markets & Finance News, PNE
AGL Acquires Aussie Renewables Firms, Expands 8.1-GW Pipeline
AGL Energy Ltd boosts renewable energy portfolio with AUD 250 million acquisition of Firm Power Pty Ltd and Terrain Solar, expanding development pipeline to over 14 GW.
Aug 14, 2024 // Markets & Finance News, Terrain Solar, AGL Energy Ltd, Firm Power Pty Ltd
China Energy Engineering secures $972m solar project in Saudi
China Energy Engineering secures $972M contract for 2-GW Haden solar plant in Saudi Arabia, boosting renewable energy goals for the Kingdom.
Aug 14, 2024 // Markets & Finance News, Saudi, China Energy
Botswana Awards $78.3M Solar Deal to Chinese Group
Botswana's $78.3 million solar plant contract with China aims to meet 50% of energy demand with clean power by 2036, reducing reliance on coal.
Aug 13, 2024 // Markets & Finance News, Africa, Botswana, Chine
SunPower Faces Delisting from Nasdaq Amid Bankruptcy Filing
SunPower faces delisting from Nasdaq after filing for Chapter 11 bankruptcy, selling assets to Complete Solaria Inc for $45 million.
Aug 13, 2024 // Markets & Finance News, SunPower, nasdaq
Hycsa Launches Green Capital Division for Solar Projects
Grupo Hycsa launches HYCSA Green Capital, focusing on renewable energy and sustainability to reduce carbon footprint and provide affordable energy solutions in Latin America.
Aug 12, 2024 // Markets & Finance News, PV Power Plant, Grupo Hycsa launches HYCSA Green Capital
Cero Secures Financing for 244.7-MWp Spanish Solar Projects
Breaking ground in Spain's Palencia province, Cero Generation secures funding for 244.7 MWp of solar projects, set to power 150,000 homes with green electricity.
Aug 12, 2024 // Markets & Finance News, Spain, Europe, Cero
US Community Solar Market to Reach 7.3 GW by 2029
Wood Mackenzie predicts 7.3 GW DC of community solar by 2029, with potential for growth in new state markets despite a projected contraction after 2026.
Aug 12, 2024 // Markets & Finance News, USA, North America
Summit Ridge Energy Sells $40m Virginia Solar Tax Credits
Summit Ridge Energy sells $40 million in tax credits for community solar projects, expanding renewable energy in Virginia and benefiting underserved communities.
Aug 12, 2024 // Markets & Finance News, USA, Virginia, North America, summit ridge energy
NextEnergy Capital Acquires 248-MW Solar Portfolio in Spain
NextEnergy Capital expands solar portfolio in Spain, with 248-MW acquisition marking fourth investment for NextPower V ESG fund. Strong commitment to Iberian market.
Aug 12, 2024 // Markets & Finance News, Spain, Europe, nextenergy capital
Malaysian Solarvest Secures 60 MW Solar PPAs
Solarvest secures PPAs with top Malaysian companies for 60 MW of solar power, leading the way in corporate green energy solutions.
Aug 9, 2024 // Markets & Finance News, Malaysia, Asia, Solarvest
AES Indiana's $1.1bn Coal Exit, Green Megawatts Plan
AES Indiana is leading the charge in energy transition with a $1.1 billion investment in Pike County, Indiana. From coal to gas, solar to storage, they're paving the way for a cleaner, greener future.
Aug 9, 2024 // Plants, Markets & Finance News, USA, North America, Indiana, AES Indiana
SMA Solar's H1 Sales and Earnings Decline in Volatile Market
SMA Solar Technology AG faces sales and earnings declines in 2024, but remains optimistic with strong performance in Large Scale & Project Solutions segment.
Aug 8, 2024 // Markets & Finance News, SMA Solar Technology AG
Summit Ridge, HASI secure $309M debt for 216MW solar
Summit Ridge Energy and HASI secure $309M for 216-MW solar portfolio, powering 20,000 customers in Illinois and Maryland. Major lenders include Bank of America and MetLife.
Aug 7, 2024 // Markets & Finance News, USA, North America, summit ridge energy, HASI
Matrix Renewables secures EIB financing for Spanish solar
Matrix Renewables secures EUR-50-million green loan from EIB for 240 MW solar farms in Spain, supporting EU's clean energy transition plan. #RenewableEnergy #EIB #SolarPower
Aug 7, 2024 // Large-Scale, Commercial, Markets & Finance News, Spain, Europe, Matrix Renewables
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