Solar Markets & Finance News

The bargain comes with a 160MW pipeline of new solar projects

Italian telecommunications firm Fastweb SpA has agreed to offtake the power from an 11.25-MWp solar park that Statkraft A/S plans to integrate in Italy's main area of Lazio.

Philippines-based AC Energy Corp (PSE: ACEN) will certainly get the designer of a 60-MWp solar park project in the Philippines, expecting the bargain to be finished by mid-December, it stated in a bourse filing on Thursday.

Plenitude, the energy shift company of Italian oil and gas firm Eni SpA (BIT: ENI), has actually secured a deal to acquire Italian renewable project developer, power producer and retailer PLT, taking hold of its 1.6-GW fleet in Italy and Spain.

Dachdecker-Einkauf Süd eG (DE Süd), a market-leading expert roof distributor in Germany, will certainly explore the guidance of the first pilot projects. It will additionally assist with the implementation with their customers from roof covering field.

Countries like United States, India push for domestic solar manufacturing 'Dare to fight, and be good at fighting,' trade official says

Africa-focused solar designer and also influence capitalist Empower New Energy announced today it has actually recently raised USD 74 million (EUR 71.3 m) in equity, which has permitted it to make new financial investments in Morocco as well as Nigeria.

US investment giant Blackstone (NYSE: BX) on Thursday revealed the conclusion of a deal for a substantial calculated financial investment in Dutch rooftop solar mounting systems solid Esdec Solar Group BV, a portfolio business of European private equity financier Rivean Capital.

In October, 39,611 photovoltaic or pv systems with a complete capacity of 607.0 megawatts (MW) and supported under the nation's Renewable Energy Law (EEG) were freshly registered with the German Federal Network Agency (BNetzA), 14 percent less than in September (691.3 MW).

The Oman Power as well as Water Procurement Company (OPWP) has actually issued an ask for proposals (RfP) for the provision of financial working as a consultant services for the development of the 500-MW Ibri III solar power project in the northwest of the country.

India-based industrial equipment manufacturing company Zetwerk Manufacturing has taken control of Unimacts, a US-based distributor of solar tracker and also wind turbine components, at a valuation of USD 39 million (EUR 37.2 m).

23MW project to feature solar as well as 10MW of battery storage capacity

L&T has selected Chinese significant LONGi to supply 1292MW of PV modules for two solar projects under construction in Saudi Arabia. LONGi VP Dennis She as well as A. Ravindran, Senior Vice President and also Head of the Renewables Strategic Business Group at L&T, jointly authorized the arrangement, entailing two Saudi Arabian projects for which L&T is acting as EPC, at an event held in Dubai.

The finalizing of a long-term renewable energy off-take take care of Meta was recently announced by D. E. Shaw Renewable Investments (DESRI), a significant united state producer of renewable energy. In Phillips Area, Arkansas, the Long Lake Project (additionally referred to as Long Lake) will be a 200 MWac project.

Correlate Infrastructure Partners has actually introduced a solar project completing 3.8 MW at EnerSys's worldwide headquarters in Pennsylvania.