Partnership Expanded To Add 15 Solar Parks In Europe
Better Energy & Danish Pension Fund Industriens Pension To Invest €800 Million More To Bring Online Over 1 GW New Solar By 2024
Danish solar projects developer Better Energy and pension fund Industriens Pension are expanding their existing partnership to invest an additional of over €800 million for the construction of around 15 new solar parks in Denmark, Sweden and Poland.
MESIA Exhorts Accelerating Pace Of Solar In Middle East
The Middle East Solar Association’s Market Outlook Report 2023 Calls For Support Of Distributed Segment
The Middle East Solar Industry Association (MESIA) hails the progress made by the Middle East and North Africa (MENA) region despite the challenges posed by the pandemic, supply chain disruptions, and high oil & gas prices in the last 3 years but.
US Solar Tracker Firm Expanding Manufacturing Footprint
Array Technologies To Establish Local Production Fab In Australia After Winning ‘1st’ Supplier Contract Under VRET2 Tender In Victoria
One of the world’s largest solar tracker manufacturers Array Technologies is to set up local production facility in Australia’s Victoria to supply trackers to a 130 MW DC solar farm after winning the ‘1st’ tracker supplier contract for projec.
Nextracker Targets Up To $534.9 Million Through IPO
US Solar Tracker Manufacturer Targets To Raise Up To $534.9 Million Through Initial Public Offering Of Over 23 Million Shares
Nextracker has officially unveiled its initial public offering (IPO) plans, expecting to raise up to $534.9 million as it targets to sell more than 23.3 million Class A common shares, expecting a per share price of between $20.0 and $23.0, the US bas.
Scatec Raises ZAR 979 Million With Solar Project Stake Sale
Norway’s Scatec Divests 42% Stake In 258 MW Operational South African Solar Power Plant To STANLIB Infrastructure Fund, To Finance Future Growth
One of the largest asset managers of South Africa and part of the Standard Bank Group Limited, STANLIB Infrastructure Fund II has acquired a 42% stake in 258 MW Upington Solar Power Plant in South Africa from Norway’s Scatec for ZAR 979 million ($5.
European Wind & Solar Generation In 2022 Beat Fossil Fuels
Ember Says Solar ‘Shielded’ Europe From Energy Crisis With ‘Largest Ever Absolute Increase’ In Electricity Generation In 2022
The year 2022 was a significant year for Europe when wind and solar power generated more than a 5th of European Union’s (EU) electricity with 22% share, overtaking 20% generated by expensive fossil gas and 16% coal power for the 1st time ever, but .
DNV Acquires Solar Data Forecasting Specialist Solcast
Norway’s DNV Announces Acquisition Of Australia Based Global Solar Irradiance Data & Forecasting Provider Solcast
Global independent assurance and risk management provider DNV of Norway has acquired solar irradiance data and forecasting technology company Solcast from Australia to expand its solar forecasting expertise, the company has announced.
REC Silicon Secures 100% Offtake Agreement With Hanwha
Hanwha Solutions To Procure FBR Polysilicon From REC Silicon Under 10-Year Take-Or Pay Offtake Binding Agreement
Polysilicon supplier to the solar industry, Norway’s REC Silicon is inching closer to restarting its Moses Lake fab in the US after achieving a major prerequisite for its reopening in the form of securing a binding 10-year take-or pay offtake agree.
Amazon’s Total RE Portfolio At 2022-End Stood At 20 GW+
Amazon Claims ‘New Corporate Record’ For Most Renewable Energy Announced By A Single Company In A Single Year With 8.3 GW Purchased In 2022
The world’s largest corporate procurer of renewable energy in 2021, e-commerce behemoth Amazon claims to have set a ‘new corporate record’ for the most renewable energy announced by a single company in a year with 8.3 GW it procured in 2022 through 133 projects in 11 nations.
400 MW Solar Power Plant Planned For Montenegro
Global Renewable Energy Company CWP Global Expands Further Into Europe With Plans To Build Montenegro’s Largest PV Power Plant
Europe and Australia focused renewable energy company CWP Global is expanding its reach in Europe with a 400 MW solar power plant in Montenegro called the Montechevo PV project, the company announced.
South Korea’s Non-Hydro RE To Account For 46 GW In 2032
Fitch Solutions Forecasts South Korea’s Installed Solar PV Capacity To Grow By 12 GW By 2032, Leading Non-Hydro Power Renewables’ Growth
Come 2032, South Korea is likely to report about 46 GW cumulatively installed non-hydro renewable energy capacity, growing from an estimated 25 GW at the end of 2022, led by solar PV installations that Fitch Solutions Country Risk & Industry Rese.
2022 Gets Tesla ‘Highest’ Annual PV Deployment, Since 2017
With Annual Solar Deployments In Q4/2022 Growing 18% At 100 MW, Tesla Exited 2022 With 348 MW New Capacity ‘Despite Supply Chain Challenges’
Tesla calls Q4/2022 as one of the company’s strongest quarters in recent years when it deployed 100 MW capacity, 18% higher annually, to exit 2022 with a total of 348 MW PV installed which now becomes the year with ‘highest’ deployment since 2017 when it reported 523 MW.
Canadian Solar Updates Production Capacity Expansion Plans
Canadian Solar To Expand Vertically Integrated Production Capacity By 2023-End; To Report 50 GW Cells & 50 GW Solar Modules
Anticipating growing demand and to prepare for a tight supply scenario, Canadian Solar has presented an upward revision of its manufacturing targets for 2023-end, now aiming to expand the same cumulatively to 20 GW ingot, 35 GW wafer and 50 GW for so.
Solar Fabs Attracted $23.9 Billion Investment In 2022
Renewables Led Global Energy Transition Investment Of $1.1 Trillion With 13% Annual Increase In 2022; BloombergNEF Says Not Enough
Bloomberg New Energy Finance (BloombergNEF) believes with $1.1 trillion investment in low-carbon energy transition in 2022, including $23.9 billion for solar manufacturing factories, these technologies seem to have reached parity with capital deploye.
2.5 GW Panel Deal Between Qcells & Microsoft
Touting A Completely Domestic Solar Supply Chain In US, Qcells Bags Microsoft Deal For 2.5 GW Solar Modules, Development & EPC Services
South Korea’s Hanwha Solutions’ owned Qcells has announced an agreement to supply 2.5 GW US made solar panels, develop PV projects and also offer EPC services for select projects of tech giant Microsoft that the latter has contracted through power purchase agreements (EPC) in the US.
Polysilicon, A Performer For Germany’s Wacker In 2022
‘Particularly Good Prices’ Helped Wacker Chemie’s Polysilicon Business Sales Improve 49% Annually To €2.28 Billion In 2022, As Per Preliminary Estimates
German chemicals producer and polysilicon manufacturer Wacker Chemie’s polysilicon business division is likely to report 49% annual growth in sales at €2.28 billion in 2022 thanks to ‘particularly’ good prices for solar-grade silicon and high.
JA Solar Announces RMB 40 Billion Investment For New Fab
JA Solar To Build New Solar PV Manufacturing Cluster With Polysilicon, Ingot, Wafer & Module Capacity In China’s Inner Mongolia
Chinese solar panel manufacturer JA Solar Technology says it will invest RMB 40 billion to build a vertically integrated solar PV production facility, from 150,000 ton to 100,000 ton polysilicon going up to 10 GW solar module capacity, in China’s Inner Mongolia.
€13.5 Million Fresh Funding For Swedish Solar Startup
World Fund, Nordic Alpha Partners & Legal & General Capital Pool In €13.5 Million For Solar Roof Producer SunRoof To Expand In Europe & US
Eyeing growing demand for residential solar PV systems in Europe in the face of energy and climate crisis, Swedish solar roofs manufacturer SunRoof plans to use fresh funding of €13.5 million raised from climate tech investors to expand business in Germany, the Nordics, Poland and the US.
US Corporates Signed Up For Nearly 20 GW Clean Energy In 2022
Solar Outpacing Wind As Preferred Choice For US Corporate Buyers, Says ACP In New Report Counting Over 77 GW Clean Energy Having Been Contracted Till 2022-End
An increase in power purchase agreement (PPA) prices did not deter US corporates from purchasing 4 GW more clean energy in 2022 annually with a total of around 20 GW, led by Amazon, says the American Clean Power Association (ACP) in a new report that.
1 GW Solar PV Power Project Changes Hands In Brazil
Cubico Sustainable Investments Forays Into Brazilian Solar Market With 1 GW Under Development Solar Plant Of ZEG Energias Renováveis
Backed by Canadian pension fund manager Ontario Teachers’ Pension Plan, UK based Cubico Sustainable Investments has announced acquisition of 1 GW solar PV complex in Brazil from local energy company ZEG Energias Renováveis (ZEG), marking its entry into the country’s solar market.
