Solar Markets & Finance News

Statkraft posts 2nd-highest quarterly EBIT result

Norwegian state-owned utility Statkraft AS on Tuesday posted a 2.7% year-on-year increase in underlying operating earnings (EBIT) for the period January-March 2023.

May 25, 2023 // Markets & Finance News, Statkraft

JinkoSolar strategies financial investment of almost USD 8bn in new Chinese factories

Chinese solar module manufacturer JinkoSolar Holding Co Ltd (NYSE: JKS) made a couple of news on Wednesday in relation to its majority-owned principal operating subsidiary, including an enormous financial investment plan of CNY 56 billion (USD 7.94 bn/EUR 7.38 bn).

May 25, 2023 // Manufacturing News, Markets & Finance News, China, JinkoSolar, Asia

Toyota signs 100-MW solar PPA in Kentucky with Savion

Toyota Motor North America Inc claimed today it has signed a virtual power purchase agreement (PPA) with United States solar programmer Savion LLC to offtake 100 MW of energy from the latter's Martin County Solar Project in Kentucky.

May 25, 2023 // Plants, Markets & Finance News, USA, Toyota, PPA, North America, Kentucky, Savion

India brings online 12.5 GW of solar, wind in FY 2022/23

India's cumulative mounted sustainable generation capacity reached 125.2 GW at the end of March 2023, with over half of it originating from the solar market, which is forecast to add some 18 GW during the current year, JMK Research says in a new report.

May 25, 2023 // Markets & Finance News, India, Asia

Siltronic secures 600 GWh of solar to power German operations

German silicon wafer producer Siltronic AG (ETR: WAF) will certainly offtake 60 GWh of solar power each year to power its production sites in the government states of Bavaria and also Saxony.

May 24, 2023 // Markets & Finance News, Germany, Europe, PV Power Plant, Siltronic

China's Record-Breaking Push to Dominate Solar Tech Will Spur Clean Energy Throughout The World

Generating added power will decrease the price of electricity Material known as perovskite may hold key to breakthroughs

May 24, 2023 // Markets & Finance News, China, Asia, LONGi Green Energy Technology Co, Martin Green

Minnesota legislature passes $80 million omnibus renewable energy bill

The bill consists of funding for Minnesota's first energy storage incentive program as well as far more.

May 24, 2023 // Markets & Finance News, USA, North America, Minnesota

Savant Systems acquires POMCube battery and also inverter suite

Smart home as well as energy storage company Savant Systems has actually acquired POMCube, a solar battery and also inverter company.

May 24, 2023 // Markets & Finance News, Storage, Inverters, Savant Systems, POMCube

SUSI takes risk in United States solar-storage player

Encore Renewable Energy is a Vermont-based developer which has a decade-long track record

May 24, 2023 // Markets & Finance News, USA, North America, SuSI

Nuveen joins SolarPower Europe

Owner of Glennmont comes to be a member of the trade body complying with a series of current European investments

May 23, 2023 // Markets & Finance News, SolarPower Europe, nuveen, Glennmont

China's Solar Boom Is Already Accelerating Past Last Year's Record Surge

Nation already had world-leading pace of renewable deployments Reduced expenses, increasing power demand driving installments greater

May 23, 2023 // Markets & Finance News, China, Asia

Chinese solar exports soar

Europe continues to be the leading destination for PV modules making up 56% of global demand, claims Wood Mackenzie

May 23, 2023 // Markets & Finance News, USA, Wood Mackenzie, China, Asia, North America

Ginlong (Solis) Selects enPossibilities As Its Distribution Companion For Indian Market

By keeping significant supplies, enPossibilities will certainly bridge the gap between the availability of solar inverters' as well as the demands of solar installers and EPC players throughout the country.

May 23, 2023 // Manufacturing News, Markets & Finance News, India, Asia, solar inverters, Solis, EPC market, Ginlong Technologie

Australian clean tech Endua fixes renewable energy's intermittency problem

One significant problem with renewable resource resources like wind, solar as well as hydro is intermittency. This suggests they can not be counted on constantly given that, for example, the sun could stop beaming or it might be a still, windless day.

May 23, 2023 // Markets & Finance News, Storage, Solar to Fuel, Australia, Oceania, startup, Endua, Ampol

Octopus Energy commits to GBP-1.5 bn Asia-Pacific investment

Britain's Octopus Energy is driving deeper right into the Asia-Pacific energy market, announcing intend on Thursday to invest GBP 1.5 billion (USD 1.9 bn/EUR 1.7 bn) in the area by 2027.

May 22, 2023 // Markets & Finance News, Octopus Energy

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