What are the challenges of solar to the real estate industry? The adoption of solar energy in the real estate industry presents both opportunities and challenges: Upfront Costs: Installing solar panels can be expensive initially, which may deter property owners who are not willing or able to make the upfront investment. Space Constraints: Not all properties have sufficient roof space or suitable locations for solar panel installations. This can limit the feasibility of solar in densely populated or urban areas. Regulatory and Permitting Hurdles: Navigating local regulations, zoning laws, and ..read more

GP Joule said it will use the funds from the purchase to expand its project portfolio. Image: GP Joule German asset manager KGAL Investment Management has acquired a combined 50% stake in renewables developer GP Joule Projects, with the two companies intent on taking advantage of the “immense growth opportunities” of renewables across Europe, and in particular Germany. The 50% figure is broken down into a 25% stake for each of its funds KGAL ESPF 4 and KGAL ESPF 5. GP Joule Projects, part of the GP Joule Group, will use the undisclosed capital injection to further the development of existing p ..read more

BrightNight will use the investment to aid its development efforts and support the construction and operations of its projects. Image: Pittsburgh International Airport. Global Infrastructure Partners (GIP) alongside co-investors has closed on a US$500 million investment in independent power producer (IPP) BrightNight LLC to fund the company’s development efforts as well as the construction and operations of its projects. The investment in BrightNight included a Letter of Credit facility that will ensure “committed capacity for BrightNight to issue Letters of Credit as necessary to fu ..read more

A new investment vehicle from the partners will invest in residential and C&I solar. Image: Image: BSW-Solar/Twitter. Impax Asset Management is collaborating with clean energy financial technology provider Bullfinch Asset to invest in distributed solar generation in Germany. A fund managed by Impax, an asset manager focusing on opportunities arising from the transition to a more sustainable economy, has become a shareholder in Bullfinch and has partnered with the firm to form a joint investment vehicle that will invest in solar, battery storage and smart meters in the residential and comme ..read more

Solar projects like this one in Vietnam are suffering from curtailment issues largely due to network congestion. Image: Sunseap Solar PV power generation in Vietnam could about to be maximised through the integration of battery energy storage systems (BESS), with consultancy AqualisBraemar LOC Group (ABL Group) hired to conduct feasibility studies across multiple PV plants following curtailment issues in the country. After the Asian country experienced rapid growth in installed solar PV capacity, power generation from the renewable source is being curtailed, largely due to network congestion ..read more

Andersen Corp. has invested in Ubiquitous Energy, a transparent photovoltaic technology company that converts light into electricity using semiconductor materials while maintaining visible transparency. Ubiquitous Energy’s UE Power technology is a patented and transparent photovoltaic glass coating that harnesses solar power to generate electricity, while remaining almost indistinguishable from traditional windows. The technology provides a clear, natural experience that is expected from traditional windows, but with renewable energy generation that can be used for self-contained, on-board po ..read more

An operational solar farm in Texas. The state is expected to add 6.1GW of utility-scale solar this year. Image: OCI Solar Power. Solar power will account for nearly half of utility-scale capacity additions in the US this year, according to new figures from the country’s Energy Information Administration (EIA). The agency expects 21.5GW of utility-scale solar to be deployed in 2022, representing around 46% of the total 46.1GW of forecasted new utility-scale electric generating capacity to be added to the US power grid. This planned new capacity would surpass last year’s 15.5GW of utility-scale ..read more

ReNew Power has a portfolio of more than 100 operational utility-scale PV and wind projects in India. Image: ReNew Power via Twitter. Indian renewables company ReNew Energy Global Plc’s wholly owned subsidiary India Clean Energy Holdings has raised US$400 million through a green bond sale that will be used to support the company’s growth strategy and “refinance existing high-cost debt”. The bonds were issued at 4.5% and the senior secured dollar notes have a tenor of 5.25 years. They are certified green bonds by Climate Bond Initiative and will be listed on the Singapore Exchange (SGX ..read more

According to the U.S. Energy Information Administration‘s (EIA) Preliminary Monthly Electric Generator Inventory report, 46.1 GW of new utility-scale electric generating capacity will be added to the U.S. power grid in 2022 – and almost half of the capacity additions will be solar. Developers and power plant owners report planned additions to EIA in its annual and monthly electric generator surveys. In the annual survey, EIA asked respondents to provide planned online dates for generators coming online in the next five years. The monthly survey tracks the status of generators coming online ba ..read more

After a 2021 which saw price volatility dominate the solar industry’s new, the sector started anew last week. How has the downstream started the year with regards manufacturing and pricing? In terms of module pricing, third-party analyst PVInfoLink has partially adjusted its price display terms for the forthcoming year, cancelling the spot price forecasts for 365-375W and 440-450W modules shipped overseas. To identify the range of low, average high prices for modules, the average is based upon top tier manufacturers with centralized and bid-opening projects, while high prices are based on dis ..read more