The Spanish Ministry of Ecological Transition (MITECO) has allocated €85 million (US$91 million) to develop 51 renewable energy generation and storage projects on the Canary Islands.
Canadian solar PV module manufacturer Heliene has doubled the capacity of its Mountain Iron, Minnesota module production line to 300MW following an extra US$10 million investment into the facility.
Indian renewables developer Adani Green Energy Ltd. (AGEL) has closed a US$1.36 billion debt facility to support the development and construction of its large-scale projects.
Independent power producer (IPP) Sonnedix has signed a 10-year pay-as-produced power purchase agreement (PPA) with US data company Equinix in Portugal.
Renewable energy investment fund manager Copenhagen Infrastructure Partners (CIP) launched its second Growth Markets Fund (GMF) this week (4th December), seeking US$3 billion in financing for renewable energy generation.