Solar Markets & Finance News

China is dramatically changing its power system to boost battery profits and reduce solar payments. 20 provinces and regions have adopted electricity rate regimes that will likely affect solar's economic outlook. With improved economics, China is expected to triple energy storage installations this year. Meanwhile, Australia is pressing China to remove trade impediments concerning live lobster and red meat.

Coles Group Ltd (ASX:COL) is now sourcing 95% of Queensland's electricity demand from renewable resources - the 400-MW Western Downs solar park supplying enough energy to power 235,000 homes. Coles is committed to powering its outlets with 100% renewables by 2025.

Voltalia SA, the French renewable power producer, acquires a 55% stake in a 60-MW solar park in the Netherlands. Commissioned in March 2022, the Mosselbanken project is estimated to reduce 17,000 tonnes of carbon dioxide annually. Voltalia strengthens their Dutch presence with local offices in Amsterdam and Groningen.

Gurin Energy Pte Ltd reaches financial close on 75-MW solar project, set to provide clean energy to 35,500 homes in the Philippines beginning in 2024. Join the green energy trading corridor between Indonesia and Singapore with 2 GW of renewable energy.

Valorem and T&T Proenergy have joined forces to build a 300-MW portfolio of photovoltaic projects in Poland. Together they will drive green energy development and environmental responsibility, taking their first step towards a strong partnership.

Audax's amazing 1.3GW renewables portfolio - ready for the future, ready for you! Invest now and benefit from green energy solutions for years to come.

Renova Inc secures a 20-year power purchase agreement to provide electricity from 5 MW of solar photovoltaic plants to Toho Gas Co Ltd, with plans to expand total solar capacity. Construction starts in FY2024, and full operation expected by end of 2026.

MET Group: Supplying Italian internet exchange point MIX-IT with 100% renewable energy through a CPPA with Mirto Solarpark. Consulting firms Spinergy and Energethique facilitated the deal.

ib vogt GmbH has secured financing from the European Investment Bank for its 174 MWp Serbal solar farm in Spain, with 91 MW contracted by Thermo Fisher Scientific Inc and 36 MW by Eurofins Scientific SE. Be powered by clean energy with bifacial solar panels and single-axis trackers generating 328 GWh per year come 2025.

Goldi Solar is the chosen supplier for a major project, supplying the modules needed to complete it. With 10 years experience, this is just one example of their success.

Valorem and T&T Proenergy have joined forces to develop 300 MW of solar projects in Poland, promoting environmental responsibility and innovation while contributing to Poland's energy transition goals. A partnership built on shared values and visions.

Equinix and Sonnedix have jointly signed a 10-year PPA for 149MW of solar power from the Douro PV project. This marks Sonnedix's largest PPA in Europe and Equinix's commitment to becoming climate neutral by 2030. Both companies are leading the charge to a more sustainable energy future.

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Alam Energy, a joint venture between Shizen Energy and other companies, has secured a loan of IDR-41 billion to develop and operate rooftop solar power installations for commercial and industrial customers in Indonesia. Help reduce greenhouse gas emissions and work towards a carbon neutral future with Alam Energy.

Experience a new energy solution with Trina Solar's modules & trackers, providing 90MW of distributed solar power in Minas Gerais, Brazil. Cemig SIM & Cemig join forces to create a more efficient energy system with Trina Solar's integrated solution.