News
Statkraft Backs Solar Park with 5 - year PPA
Statkraft is supporting the building as well as procedure of the 30 MW solar park.
The capitalist and also fund manager Okorenta is giving the equity for the solar park, as well as UmweltBank is co-financing the operation of the Strasen solar park in the long term.
Jul 15, 2022 // Plants, Large-Scale, Commercial, power purchase agreement, Statkraft, Umweltbank, EEG subsidies, Heydt, Okorenta, RERenewable Energy, Strasen solar park, Sunovis, Western Mecklenburg-Pomerania
Spain slaps windfall tax obligation on power companies
Spain will introduce a windfall tax on power firms and banks from following year to fund steps designed to assist Spaniards handle soaring inflation.
Jul 15, 2022 // Markets & Finance News, Spain, Europe, policy, legislation, utility, energy crisis, inflation, Windfall tax
'Pronounced slowdown' in company solar financing as inflation bites
Business financing in the global solar market in the very first fifty percent of 2022 was down 11% year-on-year as task went down especially throughout Q2, according to study from Mercom Capital Group.
Jul 15, 2022 // Markets & Finance News, Mercom Capital Group, solar finance, mercom, m&a, solar investment, project acquisition, inflation
Community solar firm Summit Ridge bags investment to expand geographical footprint
United States community solar owner-operator Summit Ridge Energy has secured a US$ 175 million investment from private equity firm Apollo Global Administration.
Jul 15, 2022 // Markets & Finance News, investment, Community Solar, summit ridge energy, Apollo Global Management, community storage
European PPAs 'remain attractive' despite 47% year-over-year boost
European power purchase agreement (PPA) prices have actually risen by a "staggering" 47% year-on-year as the continent's energy crisis lingers with skyrocketing rising cost of living, LevelTen Energy has said.
Jul 15, 2022 // Markets & Finance News, Spain, Italy, PPA, Poland, Europe, power purchase agreement, LevelTen Energy, energy crisis
Worldwide LCOE of utility-scale solar fell 13% in 2021, IRENA states
Solar PV costs continued to decline internationally in 2021 as supply chain challenges and also climbing product costs have yet to show their complete effect on project expenses.
Jul 15, 2022 // Markets & Finance News, LCOE, IRENA, research, supply chain, module pricing, polysilicon pricing, pricing
TRC Companies gets solar engineering business Blue Oak Energy
Consulting as well as engineering renewables TRC Companies has actually gotten solar PV and storage space engineering company Blue Oak Energy, strengthening its renewable energy capabilities.
Jul 15, 2022 // Markets & Finance News, USA, UTILITY-SCALE SOLAR, North America, acquisition, Engineering, blue oak energy, commercial solar, trc companies
Net metering development can 'substantially' increase rooftop solar in Mississippi
The Mississippi Public Service Payment has actually voted to embrace an upgraded set of net metering and also interconnection rules in a move that can "considerably" expand roof solar in the state.
Jul 15, 2022 // Rooftop PV, USA, Mississippi, North America, policy, net metering, legislation
Environment-friendly solvent for a 16.7% perovskite solar cell
Researchers in Germany aimed to get rid of making use of harmful solvents in the manufacturing of perovskite solar cells, changing them with a much more environmentally worldly called dimethyl sulfoxide (DMSO) which has so far shown difficult to integrate right into processes appropriate for large-scale production.
Jul 14, 2022 // Technology, Germany, Europe, solar cell, perovskite, Jan-Philipp Becker
India's Tata Power wins 600-MW wind-solar hybrid in Karnataka
A subsidiary of India's Tata Power Co Ltd (BOM:500400) has gotten a letter of award from Solar Energy Corporation of India (SECI) to build a 600-MW wind-and-solar plant in the state of Karnataka.
Jul 14, 2022 // Markets & Finance News, India, Asia, tata power, wind-solar hybrid
Germany's Getec to provide 75 GWh of solar power to Union Investment
German investment firm Union Investment Real Estate GmbH will procure a total of 75 GWh of electricity from three solar parks in Lower Saxony to power its fund properties.
Jul 14, 2022 // Markets & Finance News, Germany, Europe, Getec
UK solar PPA raises 18.4% in Q2 to over ₤ 60/MWh in new European PPA Index
Solar energy acquisition agreements (PPA) in the UK climbed 18.4% throughout Q2 and surpassing ₤ 60/MWh, yet less than the 24% rise of wind rates.
Jul 14, 2022 // Large-Scale, Market Research, UK, PPA, Europe
Uzbekistan launches 500MW solar RfP
IFC is functioning as a lead deal advisor to the federal government for a tender for 3 project sites
Jul 14, 2022 // Plants, Large-Scale, Commercial, Market Research, Asia, Uzbekistan, PV Power Plant
Amber closes sale of 100MW US solar
Flint Mine project in upstate New York has a 20-year arrangement for Renewable Energy Credits with NYSERDA
Jul 14, 2022 // Market Research, USA, North America, Solar Project, Amber, Hudson Energy Enterprises
Continuum Energy Raises $350 Million For C&I Renewable Market In India
With 1.3 gigawatts (GW) of operating and also near operational capacity as well as an added 1.2 GW projects for near-term building and construction, Continuum is well placed to tap into climbing need for RE.
Jul 14, 2022 // Market Research, C&I segment, Arvind Bansal, continuum energy, morgan stanley infrastructure partners, raja parthasarathy, RE financing, wind-solar hybrid offerings
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