GIG Launches Cero With 8 GW Solar Development Portfolio
Flaunting 8 GW Strong Solar Development Portfolio, Macquarie’s Green Investment Group Launches European Solar Energy Platform—Cero Generation
Global investment and fund manager Macquarie Group’s Green Investment Group (GIG) has launched a new solar energy development platform for Europe claiming more than 8 GW under its belt.
Panasonic Exiting Solar PV Production Business
Panasonic Corporation To Stop Production Of Solar Wafer, Cell & Modules In 2022 While Continuing To Sell Self Branded Solar Modules In Japan; Nikkei Asia Blames ‘Fierce Competition’ From Chinese Manufacturers For Move
Japanese electronics and solar PV products manufacturer Panasonic Corporation is ceasing the production of solar PV products at its factories in Malaysia and Shimane Prefecture in Japan.
IREDA & SECI Launch Tenders For Over 6 GW Solar
Call For Over 6 GW Solar Power Capacity In India: IREDA Seeks Bidders For 5 GW Grid Connected Capacity Under CPSU Scheme Phase-II Tranche-III; SECI Issues NIT For 1.785 GW Solar PV Projects In Rajasthan
The Indian Renewable Energy Development Agency Limited (IREDA) has launched a new tender soliciting bids from solar power developers to set up 5 GW of grid connected solar PV projects in India.
23.7 GW Corporate Clean Energy PPAs Signed In 2020
BloombergNEF: Beating COVID-19 Pandemic Related Blues, Year 2020 Saw Corporates Purchase 23.7 GW Clean Energy Led By US Businesses; With Over 5 GW, Amazon Top Corporate Energy Buyer Followed By Total
The year 2020 turned out to be the one when the highest amount of clean energy was contracted globally by corporates, totaling up to 23.7 GW clean energy.
Tongwei Leads PV InfoLink’s 2020 Cell Shipment Ranking
PV InfoLink 2020 Solar Cell Shipment Ranking: Tongwei On Top, Followed By Aiko Solar; Top 5 Suppliers Shipped About 55 GW
Chinese solar PV market intelligence firm PV InfoLink has placed solar cell and polysilicon manufacturer Tongwei again on top of its 2020 solar cell shipment ranking, which has not changed since H1/2020 (see Tongwei Secures Top Spot In Solar Cell Shipment Ranking).
EIB Backs 50 MW Burkina Faso Solar Project
European Investment Bank To Support 37 MW Solar Project Of Sonabel In Burkina Faso To Expand To 50 MW Capacity With €38.5 Million
The European Investment Bank (EIB) has committed its financial support to a solar power project in Burkina Faso. This will expand its capacity from 37 MW today to a total of 50 MW.
Verizon’s RE Purchase Agreements Reach Nearly 1.7 GW
American Telecommunications Firm Verizon Touts Itself As One Among Largest US Corporate Buyers Of Renewable Energy; With 6 Contracts For 845 MW Signed In Last 4 Months Of 2020, Total Tally Close To 1.7 GW
Since September 2020, US based telecommunications firm Verizon signed up for 845 MW of new renewable energy capacity in the form of 6 long term renewable energy purchase agreements (REPA).
Partnership For 356 MW PV In Italy, Netherlands & Chile
German Renewable Energy Developer Blue Elephant Energy Secures Partnerships For 356.5 MW Solar PV Capacity In Italy, Netherlands & Chile With Greencells & OEnergy; Acquires 47 MW In Netherlands
German renewable energy developer Blue Elephant Energy AG (BEE) has secured partners to develop a combined solar power capacity of 356.5 MW in Europe and Latin America, the company declared in 3 separate announcements.
250 MW Solar PV Capacity Tendered By MAHAGENCO
MAHAGENCO Solicits Bids For 250 MW Grid Connected Solar PV Capacity For Dondaicha Solar Park In Maharashtra, India Capping Tariff At INR 2.83/kWh
The Maharashtra State Power Generation Co., Ltd. (MAHAGENCO) has launched a new tender to set up 250 MW solar PV capacity at Dondaicha Solar Park in Dhule district of Maharashtra.
‘1st’ Subsidy Free Solar Park In Poland Seals PPA
BayWa R.E. Secures Górazdze Cement—Polish Subsidiary Of Germany’s HeidelbergCement—For 10-Year Virtual Power Purchase Agreement For 64.6 MW Subsidy Free Solar Park In Poland
German renewable energy developer BayWa r.e. says it has signed a virtual power purchase agreement (VPPA) with the Polish subsidiary of Germany’s HeidelbergCement for its 64.6 MW solar project in Poland.
US Residential Solar Financier Raises Over $800 Million
NEA, WestCap Group, Brookfield Asset Management & Riverstone Holdings Lead Over $800 Million Investment Round For US Residential Solar Loan Provider Loanpal
More than $800 million were raised by sustainable home solutions financier Loanpal in the US in what was the company’s 1st external investment round.
$300 Million Financing For Distributed Solar Development
Credit Suisse Shells Out $300 Million As Debt Facility For Distributed Solar Development, Backed By BlackRock Real Assets
BlackRock Real Assets backed solar project developer catering to commercial, industrial and municipal organizations in North America, Distributed Solar Development (DSD) has raised $300 million debt facility from Credit Suisse.
Risen Energy To Purchase 34 GW Worth Of Solar Glass
Chinese Solar Cell & Module Manufacturer Risen Energy To Procure 234 Million Sq. Mtr. Or 34 GW Worth Of Rolled Glass From Flat Glass Group
Risen Energy of China has announced entering a strategic cooperation agreement with fellow Chinese supplier of solar PV glass Flat Glass Group in a deal that’s pegged at RMB 8.908 billion ($1.37 billion) based on an average price for 3.2 mm thick.
316 MW Solar PV Capacity Enters Construction In Texas
Lightsource BP Achieves Financial Closure For 2 Solar PV Facilities With 316 MW Capacity In Texas, US; Both Projects Enter Construction
For 2 of its solar power projects in Texas, US, Lightsource BP has achieved financial closure adding up to a total of $380 million financing package and put the projects under construction, the company announced.
Daqo Releases 2020 Revenue & Net Profit Guidance
Xinjiang Daqo New Energy Expects Net Profit Of RMB 0.95 Billion To RMB 1.05 Billion For 2020; Company Offers Revised Guidance For Polysilicon Production & Sales For Q4/2020 & 2020
Chinese polysilicon supplier Daqo New Energy expects full year 2020 revenues to fall into the range of RMB 4.5 billion to RMB 4.7 billion ($696 million to $727 million) while its net profit expectation is within RMB 0.95 billion to RMB 1.05 billion ($147 million to $162 million).
1 GW Solar Capacity To Replace US Coal Facilities
American Singer Akon Backed Black Sunrise Half Century Fund Engages Orbital Solar Services To Replace Redundant US Coal Facilities With Utility Scale Solar Farms, Planning 1 GW Capacity Over Next 3 Years
Orbital Solar Services (OSS) has secured an EPC contract from Black Sunrise Half Century Fund (BSF) to remediate now redundant coal facilities in the US, replacing these with solar facilities.
Enel Secures Corporate Solar PPA For 67 MW In US
CyrusOne To Procure 67 MW Renewable Energy & RE Credits From 284 MW Bifacial Azure Sky Solar+Storage Facility Of Enel Green Power In US
Enel Green Power (EGP) has secured global data center real estate investment trust (REIT) CyrusOne Inc. to sell solar power from the 284 MW Azure Sky Solar+Storage Project it is building in Haskell County, Texas, US.
Waaree Places Order For 3 GW Module Production Line
Waaree Energies Expanding Solar Module Production Capacity To 5 GW With 3 GW Automated Line From Yingkou Jinchen Machinery
Indian solar PV module manufacturing company Waaree Energies Ltd. is expanding its annual production capacity by 3 GW with the help of Chinese PV equipment producer Yingkou Jinchen Machinery.
First Solar Selling US Project Development Business
Canadian Pension Fund Backed Leeward Renewable Energy To Purchase 10 GW AC Project Development Platform Of First Solar As Latter Focuses On Scaling, Developing & Selling Solar Module Technology
As part of the company’s ongoing efforts to focus on manufacturing business alone, First Solar, Inc. has agreed to sell its US project development platform with 10 GW AC utility scale solar capacity to Leeward Renewable Energy Development, LLC.
