Solar Markets & Finance News

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.

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

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).

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

Antaisolar claims that solar tracking system called 'Making use of TAI-Simple' can ensure the stability of the project. The torque tube of the solar tracker can effectively shield with dampers on both sides, greatly enhance its wind-resistance ability, as well as is a lot more economical.

Vast Solar will certainly be establishing the 30 MW/ 288 MWh focused solar plant in Port Augusta, South Australia. The innovation creates clean, low-cost, dispatchable power by capturing and storing the sun's energy during the day to be used to produce heat as well as power, consisting of in the evening.