Solar Markets & Finance News

The European Investment Bank (EIB) on Monday announced commitments of USD 100 million (EUR 97m) to Alcazar Energy Partners II, a fund that will invest in renewable resource projects in the Middle East, North Africa, Eastern Europe and also Central Asia.

Austrian solar programmer CCE Group GmbH, or Clean Capital Energy, is aiming to increase its portfolio in the Netherlands to more than 100 MW.

The state of Bavaria is using 66 state homes to private investors for the installment of solar systems on the roofings in a drive to much better harness the solar energy possibility in Germany's sunny south area.

Solar panels glint in the sun on a Tunisian lagoon, part of a long-delayed drive to harness the North African country's vast renewable resource capacity.

JinkoSolar's following objective is to reach 60 percent by the end of 2023. In June, JinkoSolar introduced that its Malaysia manufacturing facility had actually become its initial overseas "RE100 factory" completely powered by renewables.

The partnership will certainly allow solar installers in India far better access to Enphase microinverter innovation.

Equinor Ventures today said it has invested seed financing in Sol Clarity, a United States start-up supplying cleaning technology for solar panels.

Paris-based asset supervisor Eiffel Investment Group and also the European Investment Fund (EIF) are releasing a fund that will offer equity bridge financing for renewable resource assets in Europe, it was introduced on Thursday.

Photovoltaic Or Pv (PV) as well as battery inverters manufacturer SMA Solar Technology AG (ETR: S92) on Thursday reported substantially improved sales and also earnings levels in the 3rd quarter of 2022 compared to the very first half of the year and expressed hopes that this positive trend will certainly proceed in the final quarter.

Meyer Burger Technology AG (SWX: MBTN) has completed a funding boost that brought gross proceeds of CHF 250 million (USD 253.05 m/EUR 254.2 m) to sustain the growth of the Swiss solar module supplier's annual production capacity to about 3 GW.

Intersolar North America (ISNA) as well as Energy Storage North America (ESNA) introduced the group lineup for the third annual Solar Games competition to be held at #isnaesna 23 on February 14-16, 2023, at the Long Beach Convention Center in Long Beach, California.

Pineapple Energy, a solar + storage professional, acquired SUNation Energy, a New York-based solar installer for household and also little commercial consumers. The deal closed on November 9, 2022.

Global investment administration firm Brookfield's $11.8 billion bid that is also sustained by the target firm's board is a clear indicator of the volume as well as direction of money chasing renewable energy assets and growth. Origin energy, which has 4.5 million customrs in Australia, has comitted to a phase out of its non renewable assets.

German development bank KfW stated on Thursday that it has authorized an agreement to expand a EUR-150-million (USD 152.1 m) loan to the State Bank of India (SBI) to support the solar energy development in India.

Amsterdam-based solar energy producer Photon Energy NV (WSE: PEN) on Thursday claimed it booked a third-quarter net profit of EUR 6 million (USD 6m) after losing EUR 1.4 million a year back, thanks to the switching to a vendor approach.