Higher interest rates in the second half of the year slowed down corporate funding in the global solar sector to US$24.1 billion in 2022, according to research from Mercom Capital Group.
PV manufacturer Goldi Solar is planning to participate in India’s expanded production-linked incentive (PLI) programme as it bids to ramp up its module and cell production to 6GW and 5GW, respectively, by the end of 2025.
Concerns have been raised that the US solar industry’s reputation could be impacted by underperforming assets if investors do not see their return profiles being realised several years down the line.
NovaSource co-founder discusses creating a data-led solution to draw asset owners away from in-house O&M, as well as how the firm will use its new capital from OMERS.
German rooftop solar installer Enpal has closed its Series D funding round with €215 million (US$230 million) in funding from a group of investors led by TPG Rise Climate, the dedicated climate-investing subsidiary of TPG Rise.
Global renewable energy company Masdar has signed a deal for a 1GW renewable energy project pipeline in Kyrgyzstan set to begin with a 200MW solar PV installation.
Developer Mytilineos has signed a 10-year power purchase agreement with energy giant Statkraft for four solar farms in Italy with a total capacity of 63MW.
Nine Chinese companies have committed to a collective US$13.76 billion of investment in the Philippines’ renewable energy sector, set to develop solar, wind and energy storage assets.
Latin America-focused solar developer Atlas Renewable Energy has secured a US$210 million loan from the Brazilian Development Bank (BNDES) to finance its 438MW Boa Sorte solar project in Brazil.
