BloombergNEF Forecasts 160 GW New Solar PV Build In 2021
BloombergNEF: 160 GW Solar PV Capacity In 2021 Under Conservative Scenario, Growing To A Maximum Of 209 GW; Sees Enough Polysilicon Outside Xinjiang To Fuel Demand In Face Of Anticipated Sanctions
The year 2021 is likely to see the world installing a minimum of 160 GW new solar PV capacity under the most conservative scenario, which can also go up to as much as 209 GW, at least according to the 1Q 2021 Global PV Market Outlook published by Blo.
SJVN Launches Open Access Tender For 1 GW Solar
SJVN Launches Tender To Hire Services For 1 GW Open Access Solar Capacity Across India; March 3, 2021 Last Date For Online Bid Submission
Indian hydroelectric power generator SJVN Limited, has launched a tender for 1 GW of solar power capacity under the open access (OA) scheme to be set up across the country.
Financial Closure For 150 MW Pakistan PV Capacity
With $100 Million Raised For 150 MW Sukkur Solar PV Project Along With Nizam Energy, Scatec Secures Financing For Its 1st Facility In Pakistan
Norwegian solar turned renewable energy company Scatec has achieved financial closure for its maiden solar project in Pakistan that it is developing with local partner Nizam Energy.
Flat Glass Bags 59 GW Solar Glass Deal With JinkoSolar
JinkoSolar Signs 3-Year Agreement With Flat Glass For 338 Million Sq. Mtr. Rolled Glass To Support 59 GW High Efficiency Module Capacity
Chinese solar cell and module producer JinkoSolar Holding Co., Ltd. has locked in a 3-year rolled glass supply deal with compatriot Flat Glass Group Co., Ltd.
1st Spanish Car Sector Firm To Operate 100% on RE
Corporate Renewable Energy Sourcing: Spanish Automotive Manufacturer Gestamp Contracts Naturgy To Supply 203 GWh Solar & Wind Energy Annually Under 10-Year Power Purchase Agreement
Spanish natural gas and energy services company Naturgy has bagged a corporate contract to sell 203 GWh solar and wind energy annually to automotive engineering company Gestamp that aims to secure renewable energy for consumption in Spain in line with its sustainability initiatives.
Sunnova To Acquire Residential Solar Platform
US Residential Solar Company Sunnova To Take Over Lennar’s Residential Solar Platform SunStreet, While Becoming Exclusive PV & Storage Service Provider For New Home Communities Of Lennar
In a strategic deal, US based solar and storage services company Sunnova Energy International Inc., has entered into a definitive agreement to acquire SunStreet, the residential solar platform of one of the largest home builders, Lennar Corporation.
BloombergNEF: US Installed 16.5 GW New Solar In 2020
BloombergNEF & BCSE Report Claims Cumulative Installed Solar Power Capacity Of US Till 2020-End Reached 91 GW With 16.5 GW In 2020
In the year 2020, the US installed 33.6 GW of wind and solar power capacity. While wind claimed a 17.1 GW stake, solar added 16.5 GW, contributing to renewable energy’s share in the national power grid rising 11% YoY.
SunPower Exited 2020 With $599 Million Net Income
Powered By US Residential Solar Demand, SunPower Added 13,000 New Customers In Q4/2020; Exited 2020 With $599 Million GAAP Net Income; Management Confident For Business Prospects In 2021 & 2022
US based solar power company SunPower Corp., is buoyant about its growth prospects in 2021 and 202.
Long Term PV Glass & Polysilicon Supply Deals For LONGi
LONGi Green Energy Enters Long Term Deals Worth RMB 16.76 Billion—With OCIM To Supply 77,700 MT Polysilicon & With Flat Glass To Deliver PV Glass Enough For 46 GW Module Capacity
Chinese vertically integrated wafer, solar cell and module manufacturer LONGi Green Energy Technology has locked in polysilicon and PV glass supply for a long term period in 2 separate agreements, it announced recently.
Statkraft Goes In For Another Solar Project In Spain
Statkraft Signs 5-Year Power Purchase Agreement With Aquila Capital For 50 MW Spanish Solar Project To Supply To Industrial Consumers; Subsidiary Solarcentury Secures Access Permits For 320 MW PV In Spain
European renewable energy supplier Statkraft has entered an agreement to procure solar power from a 50 MW PV project in Spain, one of the many such agreements it has signed in the country in the recent past (see Statkraft Signs Up For 252 MW More Solar In Spain).
Canadian Solar & Macquarie To Fund Japanese Projects
Canadian Solar & Macquarie Group Partner & Raise JPY 22 Billion For Japanese Fund To Build & Accumulate New Solar Project In Japan
Canadian Solar has raised JPY 22 billion ($208 million) and closed the Japan Green Infrastructure Fund (JGIF) along with the fund’s financial advisor and minority investor, Macquarie Advisory & Capital Solutions, part of the Macquarie Group of Australia.
Renewable Energy For Ceramics Producer In Spain
Iberdrola To Conduct Joint Research With Spanish Ceramics Manufacturer Porcelanosa To Make Its Manufacturing Fabs More Energy Efficient With Renewable Energy & Green Hydrogen Supply
Spain based ceramics producer Porcelanosa is taking Iberdrola’s help to decarbonize its manufacturing production processes including use of renewable energy sources for its operations.
Italian Oil Firm To Acquire 140 MW Solar In Spain
Italy’s Eni Expanding In Spanish Renewable Energy Space With An Agreement To Acquire 140 MW Solar PV Capacity From X-Elio; Duo In Discussions For Larger Strategic Collaboration For Spanish Market
Ente Nazionale Idrocarburi, better known as Eni SpA, the Italian oil producer has taken another step in the renewable energy space with investment in 3 solar power projects with a combined capacity of 140 MW.
SolarEdge 2020 Revenues Up, Net Income Down
Riding On US Residential Solar Demand, SolarEdge Technologies Grew Sequential Revenues By 6% In Q4/2020 With 2% Annual Revenue Growth For 2020
Israeli solar inverter supplier SolarEdge Technologies, Inc. exited 2020 with 2% annual growth in its revenues of $1.46 billion, however its gross margin declined to 31.6% compared to 33.6% it reported for the year 2019.
Winch Energy Raises $16 Million For Mini Grids
Winch Energy & NEoT Offgrid Raise $16 Million As ‘Largest’ Limited Recourse Financing For Solar Mini Grids In Sierra Leone & Uganda
Africa focused off-grid energy service provider Winch Energy has raised $16 million along with NEoT Offgrid Africa to be deployed for the development of solar mini grids in Uganda and Sierra Leone.
BayWa Sets Up New Subsidiary Novotegra GmbH
BayWa Consolidates Solar PV Mounting System Manufacturing Activities Under Novotegra GmbH To Be Headed By Thomas Pfaff
German renewable energy company BayWa r.e. renewable energy GmbH has consolidated all its solar PV mounting system manufacturing activities under a single brand called novotegra GmbH.
US Utility Seeking Proposals For 300 MW Solar & Wind
Appalachian Power Launches Its Largest Renewable Energy Request In A Single Year, Seeking Proposals For Up To 300 MW AC Solar/Wind Power
Appalachian Power (APCo) has launched a ‘first in a series’ of request for proposals (RFP) it plans to issue in 2021, starting with seeking applications for up to 300 MW AC solar and/or wind power generation resources.
Indian Solar EPC Expanding Market Presence Globally
Sterling & Wilson Solar Limited On A Roll: Acquires 100% Stake In Australian Contractor GCO Solar, Wins Egyptian EPC Contract Worth $127.5 Million & Grows Unaudited 9M/2021 Revenues By 6% Annually
Sterling and Wilson Solar Limited (SWSL), a global solar EPC services provider headquartered in India, is strengthening its presence internationally capitalizing on the growing influence of solar PV technology in various energy markets.
Greek Industrial Group Acquires Solar & Storage Projects
Mytilineos Accelerates Expansion Of Green Energy In Portfolio; Acquires 1.48 GW PV & 25 Energy Storage Project Pipeline From Egnatia Group
Mytilineos S.A., a Greek industrial group, has announced acquisition of a solar PV and storage project pipeline in the country from Egnatia Group, in the form of 20 solar farms with 1.48 GW aggregate capacity, 21 battery energy storage projects, 4 en.
Solarise Africa Expanding Operations To 3 New Nations
Solarise Africa Joins Hands With C&I Solar & Storage Installer Centennial Generating To Expand Portfolio In Rwanda, Zambia & Uganda
Financial leasing company for solar with pan-Africa operations, Solarise Africa is expanding its operations in the continent under a partnership agreement with Centennial Generating Co., a solar and storage installer for commercial and industrial (C&I) facilities in Sub-Saharan Africa.
