Solar Markets & Finance News

Vibra Expands Portfolio with Comerc Energia Acquisition

Vibra’s acquisition of Comerc Energia propels its renewable energy ambitions, boosting solar and wind capacity by 2.1 GW—steering Brazil towards a sustainable energy future.

Jan 22, 2025 // Markets & Finance News, South america, Brazil, Comerc Energia, Vibra

New 500-MW Renewables JV Launched in Southeast Asia

Revolutionizing Southeast Asia's energy landscape, a groundbreaking joint venture by BII, FMO, and SUSI Partners aims to unleash 500 MW of renewable power for a sustainable future.

Jan 22, 2025 // Markets & Finance News, UK, Europe, Southeast Asia, fmo

United Group Plans €120M Investment in Bulgaria's Renewables

United Group BV is set to invest €120 million in renewable energy projects in Bulgaria, championing solar and wind initiatives for a sustainable future and enhanced operational efficiency.

Jan 22, 2025 // Markets & Finance News, Europe, Bulgaria, United Group BV

Australia's Supernode Battery Secures $451 Million Funding

Quinbrook Infrastructure Partners secures AUD$722 million for Queensland's Supernode project, propelling Australia to the forefront of global battery innovation with ambitious 760 MW capacity.

Jan 21, 2025 // Markets & Finance News, Storage, queensland, quinbrook infrastructure partners

Convergent Secures $584.5M Loan for Puerto Rico Renewables

Convergent Energy secures $584.5M to power Puerto Rico’s green future with a 100-MW solar park, boosting job creation and resilience in the national grid!

Jan 20, 2025 // Markets & Finance News, USA, North America, Puerto Rico, Convergent Energy

JinkoSolar Projects 98.9% Profit Drop for 2024

JinkoSolar predicts a staggering 98.92% plunge in net profit for Jiangxi Jinko in 2024, squeezed by oversupply and fierce competition in the global solar market.

Jan 20, 2025 // Markets & Finance News, JinkoSolar

Meyer Burger Expands Debt Amid M&A Strategy Review

Meyer Burger boosts secured loans to $59.5 million, fueling restructuring and production expansion in Arizona as it navigates strategic shifts and client negotiations.

Jan 20, 2025 // Manufacturing News, Markets & Finance News, USA, Arizona, meyer burger, North America

Google Secures Power Deal with Oklahoma Solar Projects

Leeward Renewable Energy teams up with Google, powering a sustainable future with Oklahoma's 724 MW solar portfolio—driving the tech giant's 24/7 carbon-free energy goal by 2030!

Jan 17, 2025 // Markets & Finance News, Google, leeward renewable energy

JERA Partners with JR East for Offsite Solar Power

JERA Co Inc partners with JR East for a groundbreaking solar power deal, paving the way for sustainable energy and innovative food waste recycling in the railway sector.

Jan 17, 2025 // Markets & Finance News, JERA Co Inc

Longi Faces Massive Losses Amid Solar Industry Crisis

Longi Green Energy faces a stark 2024 forecast, with projected losses up to $1.2 billion, highlighting the solar sector's fierce competition and oversupply challenges.

Jan 16, 2025 // Markets & Finance News, longi green energy

SOLV Energy Acquires SDI Services for Solar Solutions

SOLV Energy deepens its renewable impact by acquiring SDI Services, enhancing solar foundation solutions and operational efficiency—powering a brighter, sustainable future together!

Jan 16, 2025 // Markets & Finance News, USA, North America, SOLV Energy

Octopus Expands with OX2's French Agrivoltaics Unit

Octopus Energy's €1 billion investment in French agrivoltaics signals a green revolution, with plans to boost capacity to 500 MW by 2031.

Jan 16, 2025 // Plants, Large-Scale, Commercial, Markets & Finance News, France, Europe, Octopus Energy

Pertamina Invests in Philippine Renewable Energy Firm Citicore

PT Pertamina Power Indonesia leaps into the Philippine renewable energy sector, acquiring a 20% stake in Citicore, signaling a bold commitment to sustainable growth and green innovation.

Jan 15, 2025 // Markets & Finance News, PT Pertamina Power Indonesia

Chile's Renewable Investments Hit Record $5.7 Billion

Chile’s renewable energy investment soared 231% in 2024, fueling growth in solar and wind as challenges loom, but the future shines bright with ambitious green projects ahead.

Jan 13, 2025 // Markets & Finance News, Market Research, Chile, South america

Statkraft and Iren Sign 10-Year Solar Power Deal

Iren Mercato Spa boosts sustainability with a 10-year PPA from Statkraft, ensuring 100% renewable electricity for retail customers and enhancing its green energy portfolio.

Jan 10, 2025 // Markets & Finance News, Statkraft, Iren Mercato Spa

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