Markets & Finance

The Colombian government has created Gecelca Solar, a solar PV-focused arm of its public utility company Gecelca.

Spanish IPP Zelestra has signed an agreement to sell its 3.5GW Latin America renewables platform to Colombian natural gas firm Promigas.

Origis Energy has raised US$265 million in finance from Advantage Capital to support the development of a 305MW solar PV portfolio in the US.

Over 140 US solar companies have urged Congress to reconsider changes to permitting which they say have resulted in “a nearly complete moratorium” on solar project permits.

The Italian government has granted awards to 474 solar PV projects, with a combined capacity of 7.698GW, under the FER X programme.

LONGi  unveiled its energy storage strategy in London last week, officially announcing its entry into the storage sector with the launch of the LONGi Energy Storage One-Stop Solution.

Module quality issues, such as glass breakage, UVID and delamination, featured heavily in the discussions at PV ModuleTech Europe this week.

The Asian Development Bank has approved a US$650 million loan to accelerate rooftop solar PV deployment in India.

Terra-Gen has closed financing for its 205MW Lockhart III & IV solar PV project in San Bernadino County, California.

The US Department of Energy (DOE) has renamed the National Renewable Energy Laboratory (NREL) the National Laboratory of the Rockies.