Solar Markets & Finance News

PPC Renewables, which is a wholly-owned subsidiary of the Public Power Corporation SA, Greece's largest power generation company, has revealed that it will develop three solar power plants, that will boast of a collective capacity of 230 MWp. This is readied to be amongst the largest solar power projects developed or in the pipe in Greece, as per European Investment Bank (EIB).

Need for reliable price data anticipated to hit new high in 2023 as renewables investors and also loan providers seek even more certainty on financial investment and PPA decisions

Chinese solar inverter maker Sungrow Power Supply Co Ltd (SHE:300274) has signed a deal with Brazilian SOL+ Distribuidora, the new business arm of Holding SOL Copernico, for the distribution of 500 MW of its photovoltaic or pv (PV) inverters in the South American nation.

The report stated that a rise from $64 billion in 2022 to virtually $114 billion is expected by 2031. The report called, 'Boom time: what the Inflation Reduction Act (Act) implies for US renewables suppliers', dives in the efficiency of law when it come to equipment production growth.

Renewable energy retailer Octopus Energy united state introduced a new collaboration with Enphase Energy. Octopus Energy customers now have the opportunity to integrate Enphase home solar as well as battery solutions in their energy plan to unlock low-cost household energy rates. As part of the agreement, Octopus Energy will certainly be able to flexibly control the customer's battery to lower usage when the grid is the most constrained and also help save customers numerous dollars yearly.

Madrid-based renewables platform Altano Energy has actually closed funding for a 107-MW solar and mini hydro portfolio in Spain, it said in a Linkedin post.

US-based Longroad Energy Holdings LLC on Wednesday stated it has actually protected all required funds for its 285-MW DC Sun Streams 3 solar park in Arizona, enabling to go into the building phase of the project.

PPC Renewables, part of Greek power utility PPC SA (ATH: PPC), will certainly build 3 solar parks totalling 230 MWp in Greece's Western Macedonia area with financing from the European Investment Bank (EIB).

German solar mobility firm Sono Motors, subsidiary of Sono Group NV (NASDAQ: SEV), on Tuesday said it has secured over EUR 40 million (USD 43m) in consumer commitments in the recentlies as part of its ongoing #savesion campaign focused on rescuing its Sion solar car project.

FERC forecasts utility scale PV additions to virtually reach 73,000 MW between December 2022 and November 2025

Concerning 100-150 MW of grid-connected solar energy will be attached through the partnership. IFC will certainly advise Ministry of Energy and the Ministry of Economy and Commerce, Kyrgyzstan, on structuring a public-private partnership (PPP) to mobilize economic sector experience and capital to construct and run a pilot solar plant.

There has been fast velocity in utility-scale progress in renewables- solar, wind and also hydro. These made up market share surpassing 20 per cent on 31 days of 2022. There were only 4 such days in 2019.

Developer will provide almost 50MW to the financial institution from its Anglesey solar farm

Renewables developer is acquiring Project Sobral in the state of Ceará from ZEG Energias Renováveis

Emerging startup in solar tech Loom Solar has raised $2 Million funding from US-based Social Investment Managers as well as Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others.