News

Asset managing giant BlackRock has raised US$4.8 billion from institutional investors to fund renewable power generation projects in Europe, Asia and the Americas.

Tata Power Solar has expanded its PV manufacturing facility in Bengaluru, India, taking the total production capacity of modules and cells to 1.1GW.

US-based high-efficiency n-type monocrystalline Interdigitated Back Contact (IBC) PV manufacturing start-up Violet Power has insisted its plans to develop manufacturing capacity in the US remain on track despite the collapse of its strategic alliance with REC Silicon.

Iberdrola has formed a strategic alliance with insurance company Mapfre that will initially invest in 230MW of clean energy projects in Spain, including 130MW of solar PV.

Saudi Arabian developer ACWA Power has finalised agreements for the 200MW Kom Ombo solar plant in Egypt, with construction work set to begin later this year.

Norway’s sovereign wealth fund is eyeing potential investments in solar generation assets after making its first foray into renewables infrastructure.

Energy technology company AES Corporation has secured a US$301 million debt facility to finance the development of a community solar power project portfolio totalling 215MWdc capacity.

A round-up of the latest news from the US and Canada, including updates from distributor and developer BayWa r.e., construction group iSun and tracker specialist Arctech.

In-person trade events Intersolar North America (ISNA) and Energy Storage North America (ESNA) have been postponed until January 2022.

Dutch energy firm Eneco is aiming to ramp up its solar energy portfolio in both the Netherlands and Belgium as part of an updated strategy aimed at accelerating the energy transition.