Alliant Energy and the city of Sheboygan have reached an agreement to install a 1 MW solar facility in the Sheboygan Business Center. The solar facility is expected to be operational by the end of 2021.
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According to the a recent report by Technavio, the solar panel recycling market is expected to grow by $238.30 million during 2020-2024. The solar panel recycling market will witness a negative impact during the forecast period owing to the widespread growth of the Covid-19 pandemic.
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Duke Energy and Firestone Walker Brewing Company have completed one of the largest on-site solar arrays in the craft beer industry: a 2.1 MW solar array and 281 kWsolar carport on 9.7 acres in Paso Robles, Calif. REC Solar designed and built the solar project, and Duke Energy Renewables provided Firestone Walker financing through a 25-year power purchase agreement.
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Following a tough first half when corporate funding was down 25% year-over-year, recovery has been swift and broad, with corporate funding up 24% for the year. The solar ETF was up 225%, with 15 solar stocks up over 100% in 2020. Public market funding was also up with the help of several IPOs, and debt financing was up on the back of securitization deals.
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The Moroccan Agency for Sustainable Energy (MASEN) has opened a new tender (expiring on January 31, 2021) for six new solar energy projects with a cumulative capacity of 400 MW. According to the MASEN, the solar photovoltaic plants will be located across the country near Sidi Bennour, Kalaa Sraghna, Taroudant, Bejaad, El Hajeb and Ain Beni Mathar.
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Australia-based investment manager AMP Capital and Sterlite Power, a power transmission infrastructure developer in India will invest $150 million each to develop four transmission projects in the country; and also bring in debt financing with a total capital outlay of about $1 billion. The transmission projects will help in the evacuation of power from renewable energy projects.
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Pacifico Energy has started the construction of the 77 MW (DC) solar power plant in Ako-gun and Sayo-gun, in Japan. The commercial operations are expected to begin in 2023.
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South Africa faced an acute economic crisis due to the global pandemic. Due to the fall in power demand, the economic crisis impacted the country’s power sector which was already facing persistent issues with power cuts. in a bid to recover from the economic turmoil and promote cleaner sources of energy, the country is focusing on a just energy transition.
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ENGIE North America and Hannon Armstrong have announced a new partnership to jointly invest in a distributed generation portfolio of solar and solar-storage assets located across the US.
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The Royal Automobile Club of Victoria has announced a $1 million investment in solar and battery installations for bushfire-prone areas of Victoria over the next two years.
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NREL recently published its quarterly solar industry update providing insights into the key trends of 2020, top performing solar power states in the US, tariff updates worldwide, policy and regulatory scenario, technology development, key financings, and future outlook.
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Global mining group BHP has signed a power purchasing agreement (PPA) to meet 50 per cent of its electricity needs across its Queensland Coal mines from green power sources. The said PPA has been signed with CleanCo, Queensland’s state-owned clean energy generator and retailer.
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The US has made substantial progress towards a low-carbon economy over the past several years. According to research, the benefits of US climate action in today’s economic reality are evident. Strong climate action and investments in low-carbon infrastructure can be effective ways to recover from Covid-19 and secure the economy’s long-term success.
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The International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD), and the European Union (EU) will support the development of the 55 MW Masrik solar plant, the first utility-scale solar power plant in Armenia.
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Xcel Energy has announced over $3 billion of projects that will create jobs, advance the...
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Even though this pandemic will undoubtedly influence the market, and the 100 per cent clean energy goals of many countries in the immediate future, demand for solar is still up. Investors and banks still see solar power as a AAA investment.
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