Solar Markets & Finance News

Macquarie seeking sale of 450-MW solar portfolio in India

Macquarie Asset Management is seeking to offer a 450-MW portfolio of solar projects in India in a manage an equity value of some USD 250 million (EUR 235.1 m), The Mint reports.

Feb 17, 2023 // Markets & Finance News, India, Asia, macquarie, solar portfolio

McDonald’s and Lightsource bp Ink PPA for 145 MW Solar Farm in Louisiana

McDonald’s Corp and Lightsource bp have signed a power purchase agreement (PPA) to construct a 145-MW AC/180 MW DC solar park in Louisiana. The photovoltaic (PV) farm will generate enough electricity to power 630 McDonald’s restaurants and meet the demand of 30,700 local homes.

Feb 17, 2023 // Plants, Markets & Finance News, USA, Lightsource BP, North America, solar farm, Louisiana, McDonald’s Corp

Cemex, Synhelion, Sandia Labs to study use of solar in cement making

The US Department of Energy (DOE) has awarded USD 3.2 million (EUR 3m) to Solar MEAD, a project aimed at replacing fossil fuels with focused solar thermal (CST) energy in cement clinker production.

Feb 16, 2023 // Manufacturing News, Markets & Finance News, Synhelion, Cemex, Sandia

United States Solar Surge Collides With Greater Rates and Shifting Economics

The Inflation Reduction Act will ultimately boost household solar, yet macroeconomic conditions endanger temporary development.

Feb 16, 2023 // Residential, Markets & Finance News, Rooftop PV, USA, North America

Romania's plan to provide EUR 259m in state aid for PV and batteries cleared by EC

European Commission approves Romania's state aid of EUR 259m for batteries, solar photovoltaic (PV) cells and panels, partially financed through Recovery and Resilience Facility (RRF).

Feb 16, 2023 // Markets & Finance News, Storage, Europe, european commission, Romania

Greek power utility PPC acquires wind-solar parks in home country

PPC Renewables, a subsidiary of Greek power utility PPC SA, buys a 46-MW portfolio of wind and solar photovoltaic parks in Greece from Piraeus Equity Partners.

Feb 16, 2023 // Markets & Finance News, Greece, Europe, PV Power Plant, PPC Renewables

Acciona and Zimmer Biomet sign 12-year Spanish solar PPA

Acciona has signed a 12-year PPA with Zimmer Biomet to supply it with renewable electricity in Spain, supported by the 42MWp Cristo Bailones solar plant.

Feb 16, 2023 // Markets & Finance News, Spain, PPA, Europe, Acciona

Bulgaria opens EUR-102m ask for corp solar-plus-storage projects

The Bulgarian government is welcoming applications under a BGN-200-million (USD 109.7 m/EUR 102.3 m) procedure targeted at giving financial support to regional firms looking to set up new solar-plus-storage systems.

Feb 15, 2023 // Markets & Finance News, Europe, Bulgaria, solar-plus-storage projects

Salesforce inks REC deal with Powertrust for 280 GWh

United States cloud computing business Salesforce.com Inc on Tuesday committed to procuring 280,000 MWh of renewable energy certificates from dispersed energy projects in emerging markets.

Feb 15, 2023 // Markets & Finance News, Salesforce

Brazil okays 457.5 MW of renewable projects from Oct 14 tender

Brazil's power field regulator Aneel accepted on Tuesday 457.5 MW of winning renewable resource projects from the A-5 tender held on October 14, 2022.

Feb 15, 2023 // Markets & Finance News, tender, South america, Brazil, ANEEL

Australia's SolarJuice cuts size people IPO

Australian solar systems manufacturer SolarJuice Co Ltd has actually decreased the size of its scheduled initial public offering (IPO) in the United States to approximately USD 18 million (EUR 16.8 m) in gross proceeds by decreasing the targeted rate range for the deal.

Feb 15, 2023 // Markets & Finance News, Australia, Oceania, SolarJuice

Scottish port trying to find new renewable projects

Move follows Hunterston Port as well as Resource Campus being granted national growth status

Feb 15, 2023 // Markets & Finance News, Storage, Solar to Fuel, SCOTLAND, Hunterston Port and Resource Campus, PARC, CLYDEPORT, HUNTERSTON

Amazon to Resource Green Electricity from Japanese Company Itochu

Clean Energy Connect (CEC), which is also a part of the Itochu group, has inked a business power purchase agreement (cPPA) to offer renewable resource to Amazon for twenty years. Amazon will certainly get green power at a set price.

Feb 15, 2023 // Markets & Finance News, Japan, Amazon, Asia, Itochu, CEC, green energy, meta, Clean Energy Connect, corporate power purchase agreement, CPPA, data centers, decarboniing data centers, small solar power projects

Enel's photovoltaic panel manufacturer 3Sun inks EUR-560m loan to increase to 3 GW

Enel Green Power's solar panel manufacturing facility in Italy has authorized an agreement to secure up to EUR 560 million (USD 602m) in loans to fund the capacity growth to 3 GW each year, Italian utility Enel SpA (BIT: ENEL) stated on Monday.

Feb 14, 2023 // Markets & Finance News, Enel

Kleiner Perkins chair invests USD 10m in Complete Solaria

United States residential solar firm Complete Solaria Inc has obtained a USD-10-million (EUR 9.3 m) strategic financial investment from an entity affiliated with the chairman of venture capital firm Kleiner Perkins, John Doerr.

Feb 14, 2023 // Markets & Finance News, solaria, Kleiner Perkins

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