investment

SunPower to cut up to 160 jobs amidst restructuring

US solar firm SunPower is to cut up to 160 jobs as part of a restructuring plan following the spin off of its manufacturing operations.

Jan 2, 2020 // Manufacturing News, Markets & Finance News, USA, manufacturing, SunPower, pv modules, investment, finance, North America

BlackRock invests $2.5bn in renewables

BlackRock, the global biggest fund managing company, has closed 1bn USD of a 2.5bn USD fund aimed at wind, solar and storage. However, this is only a small part of the financial giant’s 6.96tn USD balance and nothing in comparison with 17.5bn invested in coal projects.

Dec 9, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, USA, BlackRock, investment, North America

Genex gets debt financing for the construction of Jemalong solar park

Genex Power, ASX-listed power generation development company, has secured US$117m of investment for financing a new venture and refinancing an existing facility, both located in Australia, with 50 megawatts of capacity each.

Nov 22, 2019 // Markets & Finance News, UTILITY-SCALE SOLAR, Australia, Oceania, investment, finance, Genex Power, refinancing

LONGi approves 10GW of module and 5GW of new solar cell capacity expansion plans

LONGi Green Energy Technology Co, the largest monocrystalline wafer producer, has approved future PV module and solar cell manufacturing plans of 10GW and 5GW, respectively.

Oct 15, 2019 // Manufacturing News, China, JA Solar, pv modules, c-si manufacturing, Asia, solar cell, investment, monocrystalline wafer, LONGi Green Energy Technology Co

ReneSola’s project disposals ramp with 22.3MW in China offloaded

PV project developer and EPC firm, ReneSola is continuing with plans to offload operating plants to recoup cash and invest in new projects.

Oct 10, 2019 // Plants, Large-Scale, Commercial, China, pv power plants, Asia, investment, renesola, Shelley Xu

Solar inverter replacement market to reach 21GW by the end of 2019 - Wood Mackenzie

According to market research firm, Wood Mackenzie, PV inverters nearing ‘end of life’ replacement are expected to total 21GW by the end of 2019.

Oct 8, 2019 // Plants, Large-Scale, Commercial, Inverters, Wood Mackenzie, pv power plants, investment, sungrow power supply co, sma solar technology

Foresight continues Australian charge with small-scale renewables fund launch

Global solar investor Foresight Group has continued its charge into the Australian PV market, launching a sustainability framework to finance small-scale renewable infrastructure projects in the country.

Sep 13, 2019 // Plants, Markets & Finance News, Australia, solar pv, Oceania, investment, foresight group

CEC issues warning over ‘collapse’ in new Australian renewables investment

Australia’s Clean Energy Council (CEC) has issued a stark warning over an apparent collapse in new investments into renewable energy projects.

Sep 11, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Grids, Policy, Battery Storage, Australia, Oceania, investment, renewable energy target, Kane Thornton

Wuxi Suntech ranked seventh in BloombergNEF bankability survey

China-based PV module manufacturer, Wuxi Suntech Power Co has been ranked seventh highest in the latest Bloomberg New Energy Finance (BloombergNEF) ‘Solar Module & Inverter Bankability 2019’, report.

Aug 13, 2019 // Technology, Manufacturing News, China, pv modules, plants, longi solar, pv moduletech, investment, finance, Wuxi Suntech Power Co, He Shuangquan, PV-Tech

LONGi Solar’s bankability ratings top 91% in latest BloombergNEF survey

Solar Module Super League’ (SMSL) member LONGi Solar, a subsidiary of LONGi Green Energy Technology, has achieved its highest ratings to date in the recently released Bloomberg New Energy Finance (BNEF) Solar Module & Inverter Bankability 2019, report.

Aug 13, 2019 // Manufacturing News, BNEF, China, pv modules, longi solar, bankability, pv moduletech, investment, finance

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