Markets & Finance

Danantara, has secured US$1.4 billion to back the government’s push for 50GW of new renewable energy capacity by 2035, with a focus on solar.

The California Senate Energy, Utilities and Communications Committee has unanimously voted 14-0 (and 3 abstentions) in favour of a bill for balcony solar.

PV manufacturer Canadian Solar’s first US-made solar cells are expected to be produced by the end of March in Jeffersonville, Indiana.

The European Investment Bank, Natixis CIB and IPP Sunprime Holdings have signed a project-finance operation for a 290MWp solar PV and energy storage portfolio in Italy.

The average price of a power purchase agreement (PPA) signed in Europe in February fell 6.4% from the previous month, according to Pexapark.

Clēnera has secured US$304 million in finance to advance the development of the 120MW Crimson Orchard solar-plus-storage project in Idaho.

Finlight and Atrato Onsite Energy have merged, aiming to increase their operational solar capacity in Europe to over 2GW by 2030.

Legislators in Maryland have launched a new legislative measure that will boost solar PV and energy storage.

PV Talk: According to kWh Analytics' Jason Kaminsky, 'there’s more capital available for risk and risk exposure' in the present investment environment.

Renewable energy investment platform Nexwell Power has closed a €167 million (US$191 million) multi-tranche project financing for a 248MW solar PV portfolio in Spain.