Solar Markets & Finance News

L&G, NTR fund acquires 115-MWp Spanish solar portfolio
The L&G NTR Clean Power (Europe) Fund managed by Legal & General Investment Management (LGIM) and also Dublin-based renewables investor NTR has acquired 3 pre-operational solar projects with a combined capacity of 115 MWp in Spain, it was announced today.
Jan 4, 2023 // Markets & Finance News, Spain, Europe, NTR, Anthony Doherty, L&G
Tunisia intends 1.7 GW of renewable energy projects
The Tunisian federal government is preparing 1,700 MW of new renewable resource projects that must be implemented between 2023 and also 2025 throughout the North African country, power minister Naila Nouira stated on Tuesday.
Jan 4, 2023 // Markets & Finance News, Tunisia, Africa
Warwick University protects USD$ 2.6 million grant to investigate perovskite solar cell materials
Warwick University has actually been granted ₤ 2.2 million (over USD$ 2,620,000) to investigate metal halide perovskite compounds, for use in transparent and flexible photovoltaic panels, which stay stable precede. A new Nuclear Magnetic Resonance (NMR) spectrometer will be utilized to understand just how to enhance lifespan and durability of these solar cells.
Jan 4, 2023 // Technology, Markets & Finance News, perovskite solar cell, Warwick University
US investor acquires stake in 1.3 GW AES portfolio
Hannon Armstrong Sustainable Infrastructure Capital has acquired a 49% interest in the wind, solar assets
Jan 4, 2023 // Markets & Finance News, USA, North America, AES, Leo Moreno
BayWa sells 115MW of Spanish solar plants
L&G NTR Clean Power Fund have actually gotten the 3 projects in Castilla La Mancha and Andalusia
Jan 4, 2023 // Markets & Finance News, Spain, Europe, Benedikt Ortmann, BayWa, Anthony Doherty, pw power plant
Southeast Asia's RE Firm ACEN to Include 700 MW Solar & Wind Energy in 2023
ACEN is currently constructing over 1,000 MW of solar and also wind projects in the Philippines, said the chief executive officer. The addition of new renewable resource capacity will help balance the power demand as well as supply scenario and additionally aid the Philippines in accomplishing the renewable energy targets.
Jan 4, 2023 // Markets & Finance News, Wind Energy, energy mix, Phillipines, ACEN, Eric T. Francia
Maxeon Solar picks former SunPower executive VP as new CEO
Singapore-based solar cell and panel maker Maxeon Solar Technologies Ltd (NASDAQ: MAXN) has assigned Bill Mulligan as its new chief executive officer (CHIEF EXECUTIVE OFFICER) with result from January 23, 2023.
Jan 3, 2023 // Markets & Finance News, SunPower, Maxeon Solar, Bill Mulligan, Mark Babcock
Germany mounts 905 MW of fresh solar, wind in Nov 2022
Germany connected 595.75 MW of new solar and also 228.52 MW of new onshore wind capacity to the grid in November as well as powered up 81 MW of wind turbines at sea, shows data from the Federal Network Agency.
Jan 3, 2023 // Markets & Finance News, Germany, Europe
Bulgarian govt gets in touch with on financing scheme for home solar
The Bulgarian energy ministry recently released an examination on a new treatment to offer financial backing for families to mount solar equipment.
Jan 3, 2023 // Markets & Finance News, Europe, Bulgaria
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