Solar Markets & Finance News

The agreement for the output from the Mula PV plant in southerly Spain is for 10 years

Chemical conglomerate LyondellBasell has signed 8 power purchase agreements for 560 MW of renewable energy capacity, achieving over half of its target for 50% green electricity by 2030.

Grenergy closes a financing deal for its 150MW Belinchón solar project in Spain with a green loan of €89.5m. Discover the latest sustainable energy news

Tracker maker Nextracker has closed its major stock offering at $24 per share, raising $638 million and significantly strengthening its position in the solar energy sector.

Ground-mount installation professional Sunstall has released new venture Sunzaun, a vertical solar system perfect for agriculture applications.

Tützpatz solar site in Germany will certainly be built without government funding

The REGACE Consortium will be developing and demonstrating ingenious agrivoltaics innovation by utilizing CO2 enrichment to boost electricity yields. The REGACE system will certainly offer affordable clean power which combines optimum crop conditions with considerable energy generation.

US-based renewables developer Longroad Energy has reached financial close for its 150-MW/202-MWp solar project in Texas and started construction. The plant will produce electricity for power distribution firm Entergy Texas Inc and is expected to reach commercial operations by the end of 2023.

With millions of acres of flat farmland, Ohio and Indiana are becoming leading US states for solar power development. 15GW of photovoltaic panels are expected to be installed in the two states between now and 2027, enough to power about 12 million households.

Romanian state-controlled electricity distribution group Societatea Energetica Electrica SA (BSE: EL), better referred to as Electrica, has actually acquired a business that holds the legal rights to a 12-MW DC/9.75-MW AC solar project in eastern Romania.

Fotowatio Renewable Ventures (FRV) said on Tuesday that its Australian unit acquired a 52-MW solar farm project in New Zealand with the joint venture (JV) with domestic power as well as gas energy Genesis Energy Ltd (NZE: GNE).

Argentina's government last week launched a renewable resource auction, RenMDI, seeking 620 MW from different innovations to diversify the nation's power mix as well as change expensive forced generation, usually provided by thermal as well as hydroelectric plants.

Contract values raised 11.4% in the final quarter of 2022 and by 60% year over year, says LevelTen Energy

Enel, the Italian energy group, is in exclusive talks to sell a stake in 3Sun, its photovoltaic panel production site in Sicily. This move is part of the EU effort to speed up the switch to renewables and reduce dependence on Chinese solar materials.

Alxa League, a sparsely populated region of Inner Mongolia, is investing 169 billion yuan into clean energy projects, including a massive 86-billion-yuan power base in the Tengger Desert.