Solar Markets & Finance News

Canadian Solar Inc. has introduced that its majority-owned subsidiary CSI Solar Co., Ltd. (" CSI Solar") signed a 256 MW solar module contract with SOLA Group, a Cape Town-based independent power producer. The 256 MWs will supply the first two biggest utility-scale solar energy projects in South Africa, which are based on private power purchase agreements (PPAs).

Indian state-owned power generator Satluj Jal Vidyut Nigam (SJVN) has consented to set up a joint venture (JV) with Grid Corporation of Odisha to develop 3 GW of solar as well as hydropower projects in the Eastern Indian state of Odisha.

German renewables programmer Juwi AG said today it has actually obtained a majority stake in Italy-based GEMdev SrL, a green area solar designer targeting to build a project pipeline of 700 MW in the following five years.

The German Parliament has approved a variety of tax benefits for small photovoltaic (PV) systems in a step anticipated to spur the release of solar power on the roof coverings of domestic and commercial structures across Germany.

The investment will allow the company to scale up manufacturing of its solar tech

Colombian ecological licensing authority ANLA said it had actually approved 4 solar PV projects completing around 800 MW of integrated capacity within the very first 100 days of the Gustavo Petro government, which assumed office on August 7.

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).