Markets & Finance

On the back of a positive period for Ginlong Solis, the A-listed inverter manufacturer is aiming to capitalise on a new era of solar typified by continued growth of decentralised PV and grid-parity projects. PV Tech’s Hong Wang gets the inside scoop on the company’s strategy.

Japanese gas utility Tokyo Gas has announced its entry to the US solar market, acquiring a prospective 500MWac solar farm in Texas.

Neoen’s solar revenues soared by 34% in H1 2020 as the independent power producer (IPP) reaffirmed its goal of having 5GW in operation or construction by the end of next year.

A renewable energy project that could provide up to 20% of Singapore’s electricity needs has been fast tracked by the Australian government.

Pexapark has launched a ‘freemium’ version of its ‘PexaQuote’ software, which systemises quotes, builds forward curves, and analyses PPA prices to create certainty for developers, utilities, and corporates looking to close PPA deals.

San Antonio, Texas-based utility CPS Energy is advancing efforts to diversify its generation portfolio as it plans to add up to 900MW of solar, 50MW of battery storage and 500MW of new technology solutions.

NextEra Energy capitalised on strong demand for low-cost renewables in the second quarter, adding 1,730MW to its pipeline in three months.

A round-up of the latest news from Europe’s solar market, including a call to action from the UK’s electricity system operator and SolarPower Europe’s bid to kickstart deployment in emerging markets.

US independent power producer sPower has concluded financing for its largest project to date after securing a US$700 million construction/term loan.

Western Australia will invest AU$56.3 million (US$40.11 million) in solar power as part of a new renewable energy plan designed to kickstart the state’s economy following the impacts of the COVID-19 pandemic.