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UK-based solar investment company launches the first subsidy-free solar park
LSE-listed investment company NextEnergy Solar Fund has finished the construction of the first unsubsidized solar project in Great Britain.
Nov 15, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, UK, Europe, subsidy-free, NextEnergy Solar Fund
US Overhaul on Trade Needed: First Solar CEO
First Solar, the biggest US panel maker, is advocating for increased trade enforcement as module prices are currently at record lows. This is being driven by the cost of materials dropping due to the addition of new polysilicon factories. The Biden administration has imposed duties on some imports from China to offset allegations of unfair pricing and subsidies since 2011. The US Inflation Reduction Act has also incentivised announcements for new US solar manufacturing facilities, which should help strengthen the panel makers’ hands. Widmar has called for the US to be accountable in its own strategic rationale and for a level playing field to ensure fair competition for its own domestic capabilities. What Impacts Will Cameron Storage Have? The addition of Cameron Storage to the US solar industry is expected to help drive down prices further as the increased competition should result in more cost-effective products. The increased competition may also lead to an increase in quality and innovation in solar products, providing an expanded range of solutions to consumers. The addition of Cameron Storage may also help to stimulate job growth within the solar industry, providing more opportunities for those looking for career paths in the energy sector. The increased competition could also result in increased efficiency in the solar panel production process, as more companies enter the market and invest in new technologies and techniques. The Cameron Storage facility is expected to provide a boost to the US economy, as the increased competition could result in lower prices and increased demand for solar products. An increase in domestic solar manufacturing would also reduce the US' reliance on imported solar components, providing more security and stability to the solar industry.
Sep 22, 2023 // Markets & Finance News, USA, First Solar, North America, Joe Biden
Nordic Solar Acquires Gotland's First Large-Scale Solar Park
Nordic Solar's acquisition of a 40MW solar park on Gotland marks a milestone in their partnership with Helios Nordic Energy, boosting renewable energy production in Sweden.
Feb 23, 2024 // Plants, Large-Scale, Commercial, Sweden, Europe, PV Power Plant, Nordic Solar
Enviromena Finishes Its First 25.4-MW Solar Farm in Winchester, England
Enviromena has completed its first UK solar farm, the 25.4-MW Three Maids Hill project in Winchester, England. The solar park is expected to generate enough electricity to cover the needs of 9,500 homes and was acquired by Blackfinch Energy in 2021.
Feb 8, 2023 // Plants, Large-Scale, Commercial, PV Power Plant, England, Enviromena
Repsol opens very first PV plant
formally opened up the nearly 127MW Kappa solar ranch in Spain, the company's First Solar project. Kappa is located in the community of Manzanares in the main Spanish
Jun 22, 2021 // Plants, Large-Scale, Commercial, Spain, Europe, repsol, PV Power Plant, Kappa solar farm
First-half solar funding fell by a quarter as Covid-19 little bit
The current PV financing report released by Mercom Capital had solar investment dropping virtually entirely across the board with the number of new solar funds introduced in the last 3 months providing an unusual piece of excellent information.
Jul 9, 2020 // Markets & Finance News, Market Research, California, USA, Arizona, Engie, Virginia, Asia, Singapore, North America, Taiwan, covid-19, Arkansas, United States, Mercom Capital
First Solar partners with Norwegian power firm on green hydrogen projects
part of the project, First Solar as well as Norway's Nel Hydrogen Electrolyser AS will interact to establish a power plant control and Supervisory Control and Data
May 5, 2021 // Plants, Markets & Finance News, Total Eren, First Solar, Mark Widmar, hydrogen, longi green energy, EDF Renewables, nel, Jon André Løkke
First Solar, Enphase Stock, Two Leaders From The No. 1 Group, Beam On Profits
First Solar Earnings First Solar revenues rose 400% to $1.45 per share, with earnings up 70% to $928 million. That burnt out expert sights for First Solar incomes of 60 cents a share and also sales of $707.7 million. The solar power giant credited stamina in worldwide projects and also an increase in the volume of modules offered to third parties. " We supplied strong financial outcomes for the third quarter," claimed First Solar CEO Mark Widmar in a press release. "The commitment we continue to witness from our affiliates enabled us to broaden module section gross margin, shut the sales of our Ishikawa, Miyagi, and Anamizu projects in Japan, and rise revenues per share quarter over quarter. This outcome mirrors the toughness of our competitively advantaged CdTe modules and also vertically incorporated production process." The business, which makes as well as offers solar modules for domestic as well as industrial markets in the U.S., Europe and also Asia, said that Covid-19 hasn't materially influenced its financial results. First Solar renewed advice, with Q4 targets normally listed below consensus. First Solar stock soared 11% to 91.44 in morning profession. Shares fell 1.6% to 82.39 on Tuesday. That left FSLR stock simply above an 81.97 buy point from a mug base, according to MarketSmith analysis. Financiers could deal with a revenues space on Thursday as a brand-new acquiring chance. Enphase Earnings At the same time, Enphase profits can be found in level at 30 cents a share. However experts anticipated Enphase profits to be up to 24 cents a share. Earnings fell 1% to $178.5 million vs. sights for $169.79 million. " Demand for our core microinverter products recoiled highly in the 3rd quarter of 2020," the company said in a statement. "We experienced record sell-through from distribution to installers, resulting in channel stock slightly below the low end of our common target variety. Sales to suppliers boosted significantly and also was broad-based geographically. We were also pleased to report our very first quarter of considerable revenue from the sale of Encharge storage space systems." Enphase sees Q4 revenue of $245 million to $250 million vs. views for $240.2 million. The firm makes, develops and also offers home energy solutions for the solar photovoltaic or pv sector. Enphase stock rose 6% to 104.62 intraday. ENPH supply is considerably expanded from a 70.46 buy point off a cup base.
Oct 28, 2020 // Markets & Finance News, USA, First Solar, Enphase Energy, Europe, Mark Widmar, Asia, North America
Australia's very first digitized PPA
monocrystalline PV panels mounted on single-axis trackers. It is among the First Solar farms in Australia to make use of string inverters at the utility scale,
Jun 5, 2020 // Plants, Large-Scale, Commercial, PPA, Australia, Oceania, Robinvale Solar Farm, Zeight Gao, Lorita Chen
Evaluation of Ireland's first renewables auction
Harsh Goenka, from solar forecasting business Solargis evaluates the results of the nation's initial clean energy tender for pv publication after the procurement workout safeguarded an ordinary solar power price of EUR72.92/ MWh.
Aug 19, 2020 // Markets & Finance News, Ireland, Europe, Solargis, Harsh Goenka, Marcel Suri
IFC, EBRD, and also EU to Support First Solar Project in Armenia
Director, Middle East and Africa, FRV. "The monetary close of our very First Solar job in the Caucasus-region is a turning point for FRV and also it allows us to
Jul 16, 2020 // Plants, EBRD, Europe, Armenia, ifc, EU, International, solar projects, Mikel de Irala, IFC EBRD EU Armenia Solar, Cheryl Edleson Hanway
UK programmer fires up first 50MW battery
SMS energises storage system in Burwell, Cambridgeshire
Jan 31, 2022 // Storage, UK, Europe, John Flaherty
First Solar completes manufacturing expansion in Ohio, now with total solar panel production capacity at 1.9 GW
solar panel manufacturer First Solar today announced the start of production at its new PV module manufacturing facility in Lake Township, Ohio — a few miles
Oct 26, 2019 // Manufacturing News, USA, First Solar, Mark Widmar, thin-film, North America, Hanwha Q Cells, Ohio, Tymen de Jong
First Solar modules chose for 30 MW of PV systems in Poland
First Solar Inc (NASDAQ: FSLR) has actually won an order to provide 30 MW of solar panels for a portfolio of Polish projects owned by US power firm Getka Group and also Polish market gamer Unimot.
Sep 27, 2021 // Manufacturing News, Markets & Finance News, Poland, First Solar, Europe, PV module, Dariusz Cichocki
Brazil's Northeast achieves first solar record in 2022
Solar farms in the Brazilian Northeast have reached a new regional solar generation record of 1,028 ordinary megawatts (MWa) on February 1.
Feb 4, 2022 // Plants, Large-Scale, Commercial, South america, Brazil, solar farm