Solar Markets & Finance News

European Investment Bank Commits EUR 28.5 Mn for 3 Solar Plants for Greece
PPC Renewables, which is a wholly-owned subsidiary of the Public Power Corporation SA, Greece's largest power generation company, has revealed that it will develop three solar power plants, that will boast of a collective capacity of 230 MWp. This is readied to be amongst the largest solar power projects developed or in the pipe in Greece, as per European Investment Bank (EIB).
Jan 23, 2023 // Markets & Finance News, european investment bank, PPC Renewables, electric grid, climate action, electricity from renewable sources, environmental sustainability, Kozani project, National Energy and Climate Plan, NECP, Public Power Corporation SA
Pexapark and also AFRY launch Daily Valuation Curve For Renewable Projects
Need for reliable price data anticipated to hit new high in 2023 as renewables investors and also loan providers seek even more certainty on financial investment and PPA decisions
Jan 23, 2023 // Markets & Finance News, pexapark, Luca Pedretti, Afry, Daily Valuation Curve, Jan Wierzba, valuation of renewable projects
Sungrow inks 500-MW PV inverter distribution deal in Brazil
Chinese solar inverter maker Sungrow Power Supply Co Ltd (SHE:300274) has signed a deal with Brazilian SOL+ Distribuidora, the new business arm of Holding SOL Copernico, for the distribution of 500 MW of its photovoltaic or pv (PV) inverters in the South American nation.
Jan 20, 2023 // Markets & Finance News, Inverters, Sungrow, South america, Brazil
IRA to Swell United States Renewables Investment to $114 Billion: Wood Mackenzie
The report stated that a rise from $64 billion in 2022 to virtually $114 billion is expected by 2031. The report called, 'Boom time: what the Inflation Reduction Act (Act) implies for US renewables suppliers', dives in the efficiency of law when it come to equipment production growth.
Jan 20, 2023 // Markets & Finance News, Market Research, USA, Wood Mackenzie, North America
Enphase inks Texas VPP handle Octopus Energy
Renewable energy retailer Octopus Energy united state introduced a new collaboration with Enphase Energy. Octopus Energy customers now have the opportunity to integrate Enphase home solar as well as battery solutions in their energy plan to unlock low-cost household energy rates. As part of the agreement, Octopus Energy will certainly be able to flexibly control the customer's battery to lower usage when the grid is the most constrained and also help save customers numerous dollars yearly.
Jan 20, 2023 // Markets & Finance News, Enphase, Octopus Energy
Spain's Altano Energy obtains funding for 107 MW of home solar, hydro
Madrid-based renewables platform Altano Energy has actually closed funding for a 107-MW solar and mini hydro portfolio in Spain, it said in a Linkedin post.
Jan 20, 2023 // Residential, Markets & Finance News, Spain, Europe, Altano Energy
Longroad reaches fin close on 285-MWp solar project in Arizona
US-based Longroad Energy Holdings LLC on Wednesday stated it has actually protected all required funds for its 285-MW DC Sun Streams 3 solar park in Arizona, enabling to go into the building phase of the project.
Jan 19, 2023 // Markets & Finance News, USA, Arizona, North America, Solar Project, Longroad
PPC Renewables bags EIB funding for 230-MWp solar project in Greece
PPC Renewables, part of Greek power utility PPC SA (ATH: PPC), will certainly build 3 solar parks totalling 230 MWp in Greece's Western Macedonia area with financing from the European Investment Bank (EIB).
Jan 19, 2023 // Markets & Finance News, Greece, Europe, Solar Project, PPC Renewables
Sono Motors hopeful of getting needed funding for solar car programme
German solar mobility firm Sono Motors, subsidiary of Sono Group NV (NASDAQ: SEV), on Tuesday said it has secured over EUR 40 million (USD 43m) in consumer commitments in the recentlies as part of its ongoing #savesion campaign focused on rescuing its Sion solar car project.
Jan 19, 2023 // Markets & Finance News, Transport, Germany, Sono Motors, Europe
US solar to represent bulk of new generation capacity
FERC forecasts utility scale PV additions to virtually reach 73,000 MW between December 2022 and November 2025
Jan 19, 2023 // Markets & Finance News, USA, FERC, North America
IFC to Help Kyrgyzstan Develop Renewable Projects Through PPP Model
Concerning 100-150 MW of grid-connected solar energy will be attached through the partnership. IFC will certainly advise Ministry of Energy and the Ministry of Economy and Commerce, Kyrgyzstan, on structuring a public-private partnership (PPP) to mobilize economic sector experience and capital to construct and run a pilot solar plant.
Jan 19, 2023 // Markets & Finance News, Policy, Asia, world bank, international finance corporation, ifc, Solar Project, Kyrgyzstan, Muneer Ferozie, Taalaibek Ibraev
USA's Utility-Scale Renewables Generated A Lot More Electricity Than Coal On 169 Days
There has been fast velocity in utility-scale progress in renewables- solar, wind and also hydro. These made up market share surpassing 20 per cent on 31 days of 2022. There were only 4 such days in 2019.
Jan 19, 2023 // Markets & Finance News, USA, Solar Energy, North America, Wind Energy, clean energy transition, utility scale renewables
EDF Renewables grabs NatWest PPA
Developer will provide almost 50MW to the financial institution from its Anglesey solar farm
Jan 18, 2023 // Markets & Finance News, UK, Europe, EDF Renewables, Matthieu Hue
Cubico swoops on 1GW Brazil solar
Renewables developer is acquiring Project Sobral in the state of Ceará from ZEG Energias Renováveis
Jan 18, 2023 // Markets & Finance News, South america, Brazil, cubico
Solar Tech Start-up Loom Solar Raises $2 Mn Funding from SIMA Funds, United States
Emerging startup in solar tech Loom Solar has raised $2 Million funding from US-based Social Investment Managers as well as Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others.
Jan 18, 2023 // Markets & Finance News, clean energy, Climate Change, Amod Anand, Arivazhagan G D, green energy solutions, Loom Solar, Social Investment Managers and Advisors