Solar Markets & Finance News

The University of New South Wales Sydney have actually been awarded $30 million under ARENA R&D Program to sustain R&D and commercialisation activities to significantly reduce the cost of solar. The scientists are going to receive $30 million for 9 projects across the cells and also modules stream, and the Balance of System, Operations as well as Maintenance stream.

DEG is funding the USA-based Husk Power Systems with $750,000 to develop eight community solar micro-grids in Nigeria. Husk Power Systems is already running 12 micro-grids in the West African country.

The solar power projects would remain in the capacity variety of 11 MW to 210 MW as well as cumulatively will have a capacity of 4 GW. Hive Energy will certainly create the projects via joint ventures with two partners based out of Turkey itself.

Asian green independent power producer (IPP) NEFIN stated today its subsidiary NEFIN Capital Taiwan Company Ltd has actually teamed up with City Development Company Ltd to enter Taiwan's solar market.

Residential installation firm SunPower has signed a supply agreement with Maxeon to utilize the firm's photovoltaic panels on projects through 2025.

Gamesa Electric had a record year in 2022 in its solar as well as storage space inverter organization, nearly tripling the gotten capacity internationally contrasted to 2021. Especially, during 2022 Gamesa Electric experienced a 182% increase in the megawatts signed contrasted to the capacity acquired in 2021. The united state is Gamesa's major market, followed by Europe and Latin America.

OX2 will certainly purchase the portfolio, which totals 152MW

Vantage RE offer makes up plants in England set to come online in early 2024

Currently, the share of renewables in Iran's power generation is only a little over 1.1%. According to the Ministry of Energy, solar power plants have an annual production of 455.28 megawatts as well as a share of a little over 50 percent of renewable power. Wind power plants, on the other hand, have a share of 34.31%.

The French Ministry of Ecological Transition has marked the winning standing to 172.9 MW of projects in a tender for innovative solar photovoltaic (PV) installments.

US home solar and also battery provider Sunrun Inc (NASDAQ: RUN) on Thursday claimed it has protected USD 835 million (EUR 788m) in non-recourse financing to back continued growth.

As a result of the Russian invasion, Ukraine lost about 90% of its wind as well as more than 40% of its solar power generation facilities.

State oil producer Adnoc earmarks spending on carbon capture Spending belongs to strategy to spend $150 billion on energy

Both companies have authorized a binding agreement last week for the solar energy portfolio for $293 million. TGC said that the equity funding for these assets was provided by the third fund of TGC, True Green Capital Fund III, as well as its funding partners provided debt as well as tax equity.

United States climate solutions investor Hannon Armstrong Sustainable Infrastructure Capital Inc (NYSE: HASI) stated today it has authorized an agreement to purchase a 1.3-GW renewable resource portfolio created, owned and also operated by US power firm The AES Corporation (NYSE: AES).