Solar Markets & Finance News

French eco-friendly power manufacturer and developer Akuo on Tuesday reported increased revenues and operating profit in fiscal year 2022, primarily thanks to its growing energy sales.

Spanish utility Iberdrola SA (BME: IBE) claimed on Wednesday that it has actually settled the agreement with Norway's Norges Bank Investment Management (NBIM) to offer it a minority risk in a 1,265-MW wind as well as solar portfolio in Spain and included greater than 500 MW of renewables to the negotiations.

German monocrystalline wafers manufacturer NexWafe GmbH has actually raised EUR 30 million (USD 32.2 m) to quicken the building of a commercial-scale center for green solar wafers in Bitterfeld, Germany.

The finances will aid the advancement of solar power projects with a combined capacity of concerning 284 MWdc. These solar projects are owned and run by Solek Holding.

Trina Solar joins fellow Chinese solar titans Longi and Jinko Solar to introduce major new expansion plans.

Australian mineral explorer Southern Gold Limited (ASX: SAU) unveiled an offer to acquire battery innovation firm Iondrive Technologies Pty Ltd (IDT) which has a tactical collaboration with the University of Adelaide to commercialise power storage space innovations.

Chile's non-conventional renewables produced 2,328 GWh gross of electrical energy in April, down by 12.7% month-on-month, Chilean national energy commission CNE said in its most current report on the sector.

German renewables firm BayWa r.e. AG said on Tuesday that it has actually shut the financing for a 54.1-MWp solar photovoltaic or pv and also agri-voltaic (agri-PV) project it is presently building in the area of Andalusia, southerly Spain.

GoldenPeaks Capital has actually acquired 58MW of projects in Pomorskie Voivodeship

The world's biggest solar manufacturer slashed prices for a key component as expanding capacity in the market escalates cost competition.

Italy's Gestore dei Servizi Energetici (GSE) on Monday announced 422 MW of wind, solar and also hydropower projects as winners in its newest ask for renewable energy capacity.

China's Trina Solar Co Ltd (SHA:688599) stated on Monday it has protected an order to supply 510 MW of smart solar trackers for several projects in Uzbekistan.

Spanish independent power producer (IPP) Opdenergy Holding SA (BME: OPDE) said on Monday it had actually published a net loss of EUR 1.89 million (USD 2.02 m) for the first quarter of 2023, narrowing it from an EUR-8.26-million loss in the year-ago duration.

Germany's Federal Network Agency has initiated the 2nd round of the ground-mounted solar tender, targeting projects with an incorporated capacity of 1.61 GW.

The business took a majority risk in Unagi SA, which holds shares in 16 PV projects