Solar Markets & Finance News

The Asian Development Bank (ADB) and the Mongolian government have actually inaugurated a 5-MW solar PV farm hybridised with a 3.6-MWh battery power storage space system (BEES) in Zavkhan province, Mongolia, the bank claimed on Monday.

Led by tech and retail giants, American business are mounting record degrees of solar to power their procedures and also currently make up 14% of all mounted solar capacity in the United States, according to the "Solar Means Business 2022" report launched today by the Solar Energy Industries Association (SEIA).

Agreement complies with MoU from June this year as well as is targeting co-investment in 80MW of projects

The 11-year agreement will start in 2024 and will certainly cover around 55 percent of power requirements of Saint-Gobain in Spain. Saint-Gobain also mentioned that this agreement will make it possible for a decrease in CO2 emissions of roughly 39,000 tons each year.

Developer expects to commence building the project in East Yorkshire in mid-2023

UK-based and southeast Asia-focused Coro Energy Plc (LON: CORO) has begun unique talks to obtain a leased roof solar portfolio in Vietnam with an overall generating capacity of 3.25 MW.

French clean power options service provider GreenYellow has actually acquired the Vietnamese unit of compatriot Qair along with its majority interest in a 49.5-MWp solar farm in the Asian country's Binh Dinh province.

By opening its new Bucharest office, the team is expanding beyond its core market in Poland

Switzerland will certainly make CHF 600 million (USD 636.36 m/EUR 611.12 m) in subsidies available in 2023 to support the growth of solar power across the nation after a predicted document photovoltaics (PV) implementation this year.

French structure materials manufacturer Compagnie de Saint-Gobain SA (EPA: SGO) will off-take renewable power for its Spanish operations under an 11-year power purchase agreement (PPA) with regional utility Endesa SA (BME: ELE).

Programmer strikes 15 project manage undisclosed European energy firm

Spanish solar power developer Solarpack has been provided an elderly loan amounting to close to COP 656 billion (USD 133.6 m/EUR 128.5 m) to construct two solar farms in Colombia.

Terra Sola aims to build big solar projects integrated with H2 Industries' liquid organic H2 technology

Enfinity interconnected 135 MW across 10 different solar power plants in Maharashtra. The business has likewise obtained six operational projects from Rays Power Infra in Telangana and also Karnataka states.

Renewables firm Masdar has actually agreed to develop a 100-MW solar project in Turkmenistan in a deal that marks its access right into the Central Asian nation.