Solar Markets & Finance News

SB Energy's $1.9B Solar Projects: Biden Tax Credits Boost US Manufacturing
SB Energy, backed by SoftBank, has secured financing for four solar projects in Texas. They are the first to qualify for federal tax credits, and Google will buy 75% of the energy produced. JPMorgan Chase, Bank of America, Morgan Stanley, and Truist Bank are helping finance the projects, which will create 1.3 gigawatts of power.
Dec 1, 2023 // Markets & Finance News, USA, North America, sb energy
SB Energy Funds 1.3GW Solar Portfolio with IRA Domestic Content
SB Energy Global secures $2.4bn to finance 1.3GW US solar projects, creating good-paying jobs and driving clean energy deployment. Domestic content adder provisions in the Inflation Reduction Act fuel US manufacturing.
Dec 1, 2023 // Markets & Finance News, USA, North America, sb energy
PearlX Solar Powers Up Multi-Family Homes in CA
PearlX is making a lasting impact in Central California - providing 800 apartment residents with discounted power and increased cash flows for building owners via lease payments. With the CPUC's Virtual Net Metering program, California residents can enjoy clean, renewable energy at no upfront cost. Join PearlX as they strive to reach their goal of 25,000 apartment renters by 2025.
Nov 30, 2023 // Markets & Finance News, California, USA, North America, PearlX
BP to Fully Acquire Lightsource BP: Solar Scaling Ahead
BP acquires 50.03% of Lightsource BP, enabling it to scale up its business, finance and trading. Closing mid-2024, it will help BP meet its demand for low carbon power and transition growth targets. Unlocking a new level of profitable growth and performance.
Nov 30, 2023 // Markets & Finance News, UK, Lightsource BP, Europe
Nippon Powers UAE: 998MW Solar Projects
Nippon solar firm teams up with Grandweld Shipyards to create two 880 MWh solar plants and a 118 MWp Hattem Solar Power Plant, reducing 14,111 metric tons of carbon emissions and powering up to 400,000 homes. Projects to be completed by next year.
Nov 30, 2023 // Markets & Finance News, PV Power Plant, Grandweld Shipyards, Hattem Solar Power Plant, Nippon
Summit Ridge's 100MW VA Solar Buy
Summit Ridge Energy expands solar capabilities in the Commonwealth of Virginia with 19 community solar projects and an investment of USD 250 million. Their portfolio will represent over two thirds of the state's Shared Solar Program, with cost savings extended to low-income households. Discover how Summit Ridge is reshaping the energy landscape.
Nov 29, 2023 // Markets & Finance News, USA, Virginia, North America, summit ridge energy
SolarJuice Revives Nasdaq Listing Terms
SolarJuice Co Ltd is about to launch a USD 54 million IPO in the US. Get in now and invest in SolarJuice with 9 million ordinary shares ranging from USD 4-6. Maxim Group and Freedom Capital Market are the underwriters. Don't miss out!
Nov 29, 2023 // Markets & Finance News, SolarJuice
Technique Solaire Acquires 135MWp in India
Experience the power of renewables as Technique Solaire Group adds 135.4 MWp of solar farms to its India portfolio. Generating 215 GWh of electricity per year, the solar farms will drive the company’s ambitious international expansion plans.
Nov 28, 2023 // Plants, Markets & Finance News, India, Asia, Technique Solaire
Genie Acquires 9.4 MW Solar Bundle
Sunlight Energy has acquired a 9.4 MW portfolio of solar arrays in Ohio & Michigan used to power school facilities. This is the first operating solar asset acquisition for Sunlight Energy, providing immediate return on investment. Plus, the developer retains right of first refusal on future projects.
Nov 28, 2023 // Markets & Finance News, Sunlight Energy, Genie Energy
600 MW Renewables Power Eastern India
AmpIn Energy Transition's INR 31 billion investment commits to 600MW of renewable energy across 17 states in Eastern India. CEO Pinaki Bhattacharyya leading the charge to create a greener Eastern India.
Nov 27, 2023 // Plants, Markets & Finance News, India, Asia, AmpIn Energy
Italy Doubles Solar Deployments in 2023
Discover how Italy more than doubled its solar capacity in the first nine months of 2023. Learn how residential and industrial sectors contributed to the growth, and find out which regions achieved the highest output.
Nov 27, 2023 // Markets & Finance News, Italy, Europe
Goldbeck Secures €13M for Dutch 33.3-MWp Solar Duo
Goldbeck Solar achieved financial close on EUR-13-million debt facility to construct 33.3 MWp solar projects in the Netherlands. Construction of two parks currently underway in Rilland with funding from Triodos Bank and overall investment of EUR 26 million. Goldbeck Solar has installed 2 GWp of PV capacity since 2001.
Nov 24, 2023 // Markets & Finance News, Europe, Netherlands, PV Power Plant, Goldbeck
Statera Secures £300M for UK's Largest Battery Storage
Statera Energy secures £300m financing for 400MW energy storage system in Essex, England. This strategically located project is key to UK's transition to net zero and will provide energy system resilience. Financing led by Lloyds Bank and Statkraft support this project as testament to its quality.
Nov 24, 2023 // Markets & Finance News, Storage, UK, Europe, Statera
Brazil's 300MW Ciranda Solar Cluster Secures Debt Funding
Recurrent Energy LLC secures BRL 490 million financing for 300-MW Ciranda Solar Cluster in Brazil. Canadian Solar's BiHiKu modules, 15-year PPA and BRL-285 million bond issue with Vinci Partners. Let Copel power you with clean energy!
Nov 23, 2023 // Markets & Finance News, South america, Brazil, recurrent energy
Modus Secures Debt for 22-MW Lithuanian Solar
Modus Asset Management secures EUR 14 million from SEB Bank to finance the purchase of a solar portfolio in Lithuania with bifacial photovoltaic panels and single-axis trackers. This acquisition brings Modus' solar portfolio up to 76 MW and is expected to generate 26 GWh of electricity annually.
Nov 23, 2023 // Markets & Finance News, Europe, Lithuania, modus