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HSBC downgrades Azure Power because of uncertainty on solar PPA
"Azure's bid for a 4 giga-watt (GW) renewable plus manufacturing plant won in October 2019 obtained exchanged a letter of award in June 2020 but still waits for a power purchase contract as state power distribution firms (discoms) remain financially stressed," HSBC stated.
Sep 29, 2020 // Markets & Finance News, PPA, Adani Green Energy, hsbc, Azure Power
Dubai makes progress in 5-GW solar project
Work on Dubai's flagship solar project is progressing with the 950-MW fourth phase being 92% completed, the Dubai Electricity and Water Authority (DEWA) said on Sunday.
Jan 2, 2023 // Plants, Large-Scale, Commercial, Dubai, Solar Project
Encavis aims 2021 to enhance sales by ten percent
Hamburg-based solar and also wind power plant operator Encavis AG reports earnings development of EUR18.5 million to EUR292.3 million ($347 million) in 2020, up from EUR273.8 million in the previous year.
Mar 24, 2021 // Markets & Finance News, Hamburg, encavis, solar parks
Solar additions drive record low electricity costs in South Australia
South Australia saw record low daytime energy costs in the very first 3 months of this year, driven by a sharp uptake in renewable power sources, consisting of rooftop solar.
Apr 28, 2021 // Markets & Finance News, Victoria, Australia, South Australia, queensland, Oceania, new south wales, rooftop solar, grid stability, Australian Energy Market Operator, Violette Mouchaileh, national electricity market
Duke Energy Sells Distributed Gen Business to ArcLight for $364M
Duke Energy agrees to sell its commercial distributed generation business to ArcLight, with an enterprise value of $364 million. Duke Energy to receive $259 million in proceeds to help achieve its goal of becoming a net-zero carbon company by 2050 with 30,000 megawatts of regulated renewable energy.
Jul 6, 2023 // Markets & Finance News, Duke Energy
UGE all set to develop 2.7-MW community solar farm in Maine
North American solar power promoter UGE International Ltd (CVE: UGE) said on Wednesday that its 2.7-MW ground-mounted community solar project in Veazie, Maine, has reached notice to proceed (NTP) to construction.
Mar 23, 2023 // Plants, USA, North America, solar farm, Maine, UGE
Octopus wants to elevate ₤ 73.9 m as it eyes new property pipe
Octopus Renewables Infrastructure Trust (ORIT) has actually revealed its intention to perform a placement of as much as 70,000,000 new ordinary shares to elevate around ₤ 73.9 million.
Nov 22, 2021 // Markets & Finance News, UK, Europe, Octopus, Phil Austin, ORIT, Octopus Renewables Infrastructure Trust
EDPR Secures 15-Year PPA for 100 MW New California Solar Park
EDPR with as well as Redwood Coast Energy Authority have actually carried out a 15-year PPA for 100 MW for the Sandrini Sol 1 Solar Park in Kern County, California.
May 7, 2020 // Plants, Large-Scale, Commercial, California, USA, PPA, North America, Miguel Prado, International, EDPR, RCEA, Matthew Marshall
Uzbekistan to tender for 400MW solar
Competitions will certainly go obey end of 2021, Uzbek energy preacher told an Uzbek-German organization forum
Nov 9, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, tender, Asia, Uzbekistan
Trina Solar to provide 850MW Brazilian PV titan
Chinese manufacturer stated the very first modules will leave China this month for Focus Energia's project in Bahia
Aug 4, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, South america, Brazil, Trina Solar
Developer to present 840-MW solar project to Oxfordshire communities
Berlin-based Photovolt Development Partners GmbH (PVDP) has actually initiated the general public assessment process for a proposition to build an 840-MW solar photovoltaic or pv (PV) power plant across 3 sites in Oxfordshire, South East England.
Nov 4, 2022 // Plants, Large-Scale, Commercial, England, Solar Project, Photovolt Development Partners GmbH, PVDP
REC Silicon's planned Moses Lake reopening underpinned by Inflation Reduction Act, chief executive officer claims
REC Silicon is progressing with efforts to restart procedures at its Moses Lake polysilicon production center in the United States, a step the firm claimed is underpinned by the passage of the country's Inflation Reduction Act (IRA).
Aug 18, 2022 // Manufacturing News, USA, polysilicon, North America, REC Silicon, polysilicon production, moses lake, Inflation Reduction Act
First Solar's new 3.5-GW solar panel manufacturing facility will establish in northern Alabama
First Solar has actually chosen northern Alabama as the area for its 4th U.S. solar module manufacturing facility. The new thin-film manufacturing facility is part of the previously announced financial investment that will certainly grow First Solar's American manufacturing footprint to over 10 GW by 2025.
Nov 17, 2022 // Manufacturing News, USA, First Solar, North America
Quinbrook's Primergy looks for permit for 155-MW solar project in Colorado
Primergy Solar LLC, a portfolio firm of Quinbrook Infrastructure Partners on Friday stated it has actually lodged an initial permit application for a 155-MW solar project in Colorado's La Plata County.
Nov 7, 2022 // Plants, USA, Colorado, North America, Solar Project, Quinbrook, Primergy
87 percent of Germany's PV imports 2022 originated from China
Around 87 percent of German imports for photovoltaic or pv systems came from individuals's Republic of China in 2022.
Mar 2, 2023 // Markets & Finance News, Germany, China, Europe, Asia