Solar Markets & Finance News

United States hedge fund invests in Chilean storage plant
Hedonova has invested $16m in the system which uses CRYOBattery technology
Jan 3, 2023 // Markets & Finance News, Storage, USA, Chile, South america, North America, Alexander Cavendish
African Development Bank to Fund 100 MW Tunisian Solar Project
The loan package is to co-finance the construction of the 100 MW Kairouan solar energy plant in Tunisia. The new financial aid covers $10 million and another EUR10 million from the Bank, as well as $17 million concessional financing from the Sustainable Energy Fund for Africa (SEFA).
Jan 3, 2023 // Markets & Finance News, international finance corporation, African Development Bank, Wale Shonibare, SEFA, Kevin Kariuki, Daniel Schroth, Tunisia solar power project, Clean Technology Fund, Kairouan solar power plant, Sustainable Energy Fund for Africa
China, Malaysia Explore Development of Virtual Power Plants
Last year, SETD, united with universities both in China and Malaysia to come up with a report providing an understanding into the potential for development of and also cooperation prospect of VPP in the two countries. Despite the fact that VPPs are still in a stage of infancy, a number of reports agree that they are the future.
Jan 3, 2023 // Markets & Finance News, TESLA, Pacific Gas and Electric Company, VPP, Shanghai Energy Technology Development, State Power Investment Corporation Limited, State Power Rixin Tech
United States Electrical Generation by RE Sources Grows by 14.3% in Past Year, Solar Share Over 5%.
U.S.A.'s electrical generation from renewable sources of energy in the very first 10 months of 2022 stood at 23%. In the month of October, solar's output was 31.68% better Y-O-Y, narrating an excellent growth story for solar that dominated over every other source.
Jan 3, 2023 // Markets & Finance News, USA, North America, electrical generation year-to-date, renewable sources of energy, solar output
Plenitude acquires Texas solar farm
The business's United States renewable portfolio currently stands at 878MW
Jan 2, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, North America, solar farm, Plenitude
Opdenergy closes funding for Italian solar farm
The EUR16.5 m deal covers the company's La Francesca project
Jan 2, 2023 // Markets & Finance News, Italy, Europe, OPDEnergy, solar farm
As Chinese Majors Slash Wafer Prices Dramatically, Expect Moderation In Panel Prices Ultimately
Leading Chinese producers, like Longi, TCL Zhonghuan and also Tongwei Solar have made the prices to slide by as much as 27 percent, the China Silicon Industry Association exposed.
Jan 2, 2023 // Manufacturing News, Markets & Finance News, China, Asia, solar panel, LONGi, Tongwei Solar, large-scale ground-mounted projects, TCL Zhonghuan
Solar Energy & EV Charging Firm Altus Power Acquires 220 MW Solar Facilities
Altus Power said that the bargain is for around $293 million from funds managed by True Green Capital Management. The acquired portfolio, as soon as closed, will without delay include 207 MW of commercial-scale solar assets to Altus Power's operations and the staying 13 MW later on.
Dec 29, 2022 // Markets & Finance News, Solar Energy, Renewable Energy, Altus Power, True Green Capital Management, Gregg Felton, solar assets, Panos Ninios
BlackRock Alternatives invests a lot more in Korean solar developer BEP
BlackRock Alternatives' Climate Infrastructure service has made an added investment of greater than KRW 170 billion (USD 133m/EUR 125m) in Korean small-scale solar developer as well as independent power manufacturer Brite Energy Partners (BEP).
Dec 28, 2022 // Markets & Finance News, Asia, Korea, BlackRock Alternatives, BEP
Solar Price War May Help Spur China's Renewable Energy Push
Longi, TCL Zhonghuan reduced wafer prices greater than 20% last week Decrease in expenses to make 2023 a large year for solar demand: TCL
Dec 28, 2022 // Manufacturing News, Markets & Finance News, China, Asia, LONGi, wafer
Altus to get 220MW of solar assets
Handle True Green Capital for commercial-scale PV projects throughout the US
Dec 28, 2022 // Markets & Finance News, USA, North America, Altus
Neoen strikes manage Chinese solar firm
Strategic cooperation agreement Suzhou Talesun Solar Technologies to expand European projects
Dec 28, 2022 // Markets & Finance News, China, Asia, neoen, Suzhou Talesun Solar Technologies
EDF Renewables & Munich Re's MEAG to Invest in United States Renewable Energy Projects
A subsidiary of Munich Re acquired a 50% stake in 2 renewable energy projects in California. The complete capacity of the renewable energy projects is 310 MWdc of solar and also 50 MW/200 MWh of battery storage.
Dec 28, 2022 // Markets & Finance News, MUNICH RE, EDF Renewables North America, MEAG, Andres Estrada, Californiarenewable energy projects, Alexander Poll, Maverick 6 Solar-plus-Storage Project, Maverick 7 Solar Project
Walla Solar Farm Helps Australia's GRS Seal Year with Almost 2 GW Pipeline at Hometurf
Gransolar has secured a new alliance with FRV to complete a 300 MWac plant in New South Wales. The project will certainly make up near 700,000 photovoltaic panels with singe axis tracking and have an annual output of 720,000 megawatt hours.
Dec 28, 2022 // Plants, Markets & Finance News, GRS, Fotowatio Renewable Ventures Australia, Gransolar Group, Walla Walla project
Solar Inverter Company GoodWe Signs Deal for 50 MW RE Project in Pakistan
GoodWe has inked a memorandum of understanding (MoU) with 2 various other business-- Maxgreen and also Solcraft-- for a 50 MW renewable energy plant in Pakistan. The place as well as project relevant specifics are yet to be understood.
Dec 28, 2022 // Markets & Finance News, Inverters, Asia, Pakistan, GoodWe, Memorandum of Understanding, Maxgreen, Solcraft, TradeCorp