News

PPA-linked solar park comes online in Sweden
The 5.8 MW Sparbanken Skåne Solar Park is in the Sjöbo Kommun, in the southern region of Skåne. The facility is selling more than half its output to the spot market and around a third to Swedish bank Sparbanken Skåne under a 10-year PPA. The rest is being traded on the Nord Pool electricity certificate market for renewable energy in Sweden and Norway.
Jul 22, 2019 // Plants, Swedish, SVEA Renewable Solar AB, Skåne region, Sjöbo Kommun, Pontus Skog, SVEA utility, PPA, Eneo Solutions AB
Scatec Solar triples production over last year
The IPP released its latest financial figures and leadership says that with growth across all business units, Q2 2019 is its best quarter ever.
Jul 22, 2019 // Manufacturing News, Raymond Carlsen, IPP, Scatec Solar ASA, NOK, GW
CleanCapital Acquires Huge New Jersey Solar Portfolio
Renewable energy investment platform CleanCapital has announced its largest acquisition to date, a 75.2 MW solar portfolio made up of 15 operating projects in New Jersey.
Jul 22, 2019 // Commercial, CleanCapital, CarVal Investors, Olympic, KDC, Diamond Castle Holdings LLC, Fox Rothschild, C&I solar in the U.S., Melinda Baglio
Q CELLS Launching Latest Q.PEAK DUO Module In U.S. Market
Solar cell and module manufacturer Q CELLS plans to launch its new solar module, the Q.PEAK DUO BLK-G6+, in the U.S. market in September.
Jul 22, 2019 // Plants, Solar, Q CELLS, Q.PEAK DUO BLK-G6+
Continuing Shift To Renewables, AEP Commits To Coal Reductions
The U.S. District Court for the Southern District of Ohio has approved a modified agreement that will accelerate emission reductions from American Electric Power’s (AEP) remaining coal-fueled power plants in the Midwest, eliminate a requirement to install “high-cost” emission reduction equipment at the Rockport Plant in Indiana, and retire Rockport Plant Unit 1 (1,300 MW) by the end of 2028, the utility says.
Jul 22, 2019 // Plants, USA, U.S. District Court, Southern District of Ohio, AEP, CEO of AEP, Nicholas K. Akins, Sierra Club, AEP Indiana Michigan Power., North America, Indiana
Reform power billing or risk hindering clean energy, Spain told
Spain has an opportunity in its upcoming reform of electricity charging to clear hurdles for self-consumption and electric vehicles (EVs), according to national PV body UNEF.
Jul 22, 2019 // Tariffs, Spain, Sweden, Portugal, France, Greece, Germany, UNEF, UK, Italy, CNMC, Europe
Finance ROUND-UP: CleanCapital’s US$300m, Fotowatio’s loan, Soltage’s 200MW push
BlackRock-backed CleanCapital bags funding, 75.2MW purchase
Jul 22, 2019 // Markets & Finance News, CleanCapital, KDC Solar, C&I, Credit Suisse, BlackRock
Aussie 10GW solar-plus-storage colossus gets government backing
Australian authorities have rallied behind what is arguably the largest solar-plus-storage project to be conceived in the world’s history.
Jul 22, 2019 // Large-Scale, Markets & Finance News, Australian, Michael Gunner, Northern Territory, Tennant Creek, Singapore’s SunCable, Victoria, Australia’s Smart Energy Council, Victoria’s Solar, Smart Energy Council's
Canadian Solar-owned 97.6MW PV plant powered up in Argentina
An Argentinian utility-scale PV project snapped up by Canadian Solar last year has started supplying power to the grid.
Jul 22, 2019 // Large-Scale, EPC, Argentinian, Canadian Solar, Parque Solar Cafayate, Powerchina, Argentina’s Energy Secretariat, BICE
German fund partners with ReNew Petra to develop annual 100MW of US solar
German clean energy fund Hep Kapitalverwaltung AG has entered the US distributed solar market with an investment in regional developer ReNew Petra.
Jul 18, 2019 // Large-Scale, USA, German, Hep Kapitalverwaltung AG, ReNew Petra, North Carolina, Christian Hamann, Zorya Energy Advisors, North America
The top ten winners in China’s 23GW tender
Last week the Chinese National Energy Administration (NEA) revealed the winners of its feed-in tariff (FiT) auction.
Jul 18, 2019 // Large-Scale, Markets & Finance News, NEA, Chinese National Energy Administration, FiT, New Deal, Sungrow, China General Nuclear Power Group, China Datang, Tongwei, Guangzhou Development Group, Jinko Solar, China HuaNeng Group, China Energy Conservation and Environmental Protection Group, Singyes Solar, Carrie Xiao
Scatec Solar reaches commercial operation on 66MW PV project in Malaysia
Scatec Solar and its partners have grid connected its third solar power plant in Malaysia, the 66MW Merchang plant. Scatec now boasts a 197MW PV pipeline within the country.
Jul 18, 2019 // Large-Scale, Raymond Carlsen, PPAs, Scatec Solar, Scatec, ITRAMAS-led, Malaysia, Asia
European Investment Bank to finance Nuñez de Balboa mega-facility
Europe’s biggest PV solar plant is one step closer to fruition after the European Union’s investment arm and Spain’s state-owned bank the Insituto de Crédito Oficial have agreed to bankroll it with a €285 million (US$319 million) loan.
Jul 18, 2019 // Markets & Finance News, Extremadura, Insituto de Crédito Oficia, Galán, Emma Navorro, ICO
Sunrun Wins Another Capacity Contract for Aggregated Home Storage
The deal opens a new market for residential storage: California’s rapidly expanding community-based electricity buyers.
Jul 18, 2019 // Residential, Storage, Alameda County, Northern California, Sunrun, EBCE CEO, Nick Chaset, CCA, EBCE, CalCCA, BrightBox, Vistra
Clean Energy Policy Push Faces Steep Climb Ahead of 2020 Election
There’s no shortage of ideas for supporting renewables on Capitol Hill. Gridlock has experts doubtful of near-term progress.
Jul 18, 2019 // Storage, Policy, clean energy, USA, storage, Washington, ITC, Ron Wyden’s, America, Wetstone, PTC, Canadian Solar, North America