The European Bank for Reconstruction and Development (EBRD) has backed a €25 million (US$27 million) investment into a 112.5MW solar PV project in north-eastern Bulgaria.
Tyr Energy Development Renewables (TED), a US-based renewable energy subsidiary of Japanese “sogo shosha” trading company Itochu corporation, has completed development of 333MW worth of solar PV in the US.
Independent power producer (IPP) Sonnedix has secured a €260 million (US$279 million) green loan to finance the acquisition and construction of renewable energy projects in Italy.
The first US$10 billion close of this second fund includes a seed portfolio of an unnamed UK onshore renewables developer and a solar development partnership in India.
ARENA’s Silicon To Solar study seeks to outline a “credible pathway” for Australia to establish 10GW of polysilicon (poly-si) purification capacity and 5GW of ingot, wafer, cell and module production capacity from 2030.
An increase in shipping times and freight rates due to violence in the Red Sea could carry implications for renewable energy and solar products heading to Europe and the US.
The combination of strict land legislation, elaborate permitting and a fiercely competitive solar developer market trying to meet ambitious PV deployment targets is causing issues for the French solar market.
