Amanda Lennon

The Ministry for Energy and Water Management in Malta has launched a new subsidy scheme for solar farms larger than 1MW peak.

German company BayWa r.e. has commissioned a PV plant with a battery system in Zambia.

CDPQ, an investment firm based in Quebec, is providing a US$40 million loan to US residential solar company Sunrun.

'The next step of evolution in the Indian market is going to be permanent capital', says James Brooks.

Solar finance company PEG Africa has raised US$13.5 million for household solar systems in Ghana and the Ivory Coast, which is expected to reach up to 500,000 people.

Saudi Arabia has announced a US$500 billion investment for an industrial and business zone spanning 26,000 square km (10,230 square miles) over three countries, to be fully powered by solar energy and wind power.

A report on the off-grid solar market has revealed that there has been a 7% drop in off-grid solar and home system product sales worldwide yet the market remains “buoyant”.

Uganda-based off-grid and home PV firm SolarNow has received a US$6 million syndicated off-grid solar financing facility.

Canadian Solar has partnered with Israeli insurance and finance group Menora Mivachim in an effort to raise US$60 million to finance solar projects in Israel.

London-based off-grid solar firm BBOXX is investing US$200,000 in EcoEnergy, a solar energy provider focused on rural Pakistan.