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Lithuanian photovoltaic panel maker Solitek will certainly invest virtually EUR 50 million (USD 53.9 m) to set up a solar module manufacturing facility in Italy, it said on Monday.

CleanMax, an Asian renewables programmer for commercial and also commercial (C&I) customers, has refinanced its roof solar portfolio in the United Arab Emirates (UAE), with a lasting credit facility from the National Bank of Fujairah (NBF).

German rooftop solar rental firm DZ4 has actually protected EUR 55 million (USD 60.58 m) in financing to scale its business across the nation and also include new products to its offering.

Meyer Burger Technology AG (SWX: MBTN) on Friday unveiled the terms for a share issue in which the Swiss solar module producer is seeking CHF 250 million (USD 252.21 m/EUR 251.28 m) in gross proceeds to finance the expansion of its annual production capacity to regarding 3 GW.

GTC's 10 "medium maturity" projects have actually safeguarded land exclusivity legal rights and demonstrated feasibility

The L&G NTR Clean Power (Europe) Fund managed by Legal & General Investment Management (LGIM) and also Dublin-based renewables investor NTR has acquired 3 pre-operational solar projects with a combined capacity of 115 MWp in Spain, it was announced today.

Munich, Germany-based Sono Motors GmbH has actually submitted an application for supposed protective guard process-- an unique remedy under German insolvency law developed to speed up the submission of an insolvency plan to swiftly restructure a company.

German monocrystalline wafers manufacturer NexWafe GmbH has actually raised EUR 30 million (USD 32.2 m) to quicken the building of a commercial-scale center for green solar wafers in Bitterfeld, Germany.

VEON’s Kyivstar acquires 100% of SUNVIN 11, adding 12.9 MW of solar capacity to harden networks in wartime Ukraine.

IPP Soltage secures $80 million to advance a 2-GW-plus pipeline of distributed and utility-scale solar with batteries across the U.S.

Released in May 2020, the IEA's World Energy Investment 2020 pointed to a record downturn in international power financial investment. This write-up offers an upgrade to those figures based on extra recent analysis, showing that capital expenditures throughout the energy market are anticipated to fall by 18% this year to $1.5 trillion.

A round-up of the current information from the solar project growth as well as money sub-sectors, consisting of news from Canadian Solar, Capital Dynamics and also Huawei.

The office of the U.S. Trade Representative has removed the exemption of bifacial products from Section 201 tariffs, effective October 28.

The rising solar appetites of global investors so far in 2019 have put the industry on course to reach full-year financing volumes unseen since 2017, according to Mercom.

The affordable public financing packages on offer for solar rooftops are attracting developers who have clients happy to lease out roofspace without any capital outlay in order to secure cheaper power.