Japan’s 13th solar auctions have been heavily undersubscribed as developers struggle with land availability, support levels and familiarity with power market access, according to Shulman Advisory, a Tokyo-based renewables analyst agency.
As Singapore battles the need to decarbonise without the land availability to establish sufficient large-scale renewables plants, Jules Scully looks at prospective power import projects and the consortiums behind them.
Lithuanian government-owned utility and renewables developer Ignitis Group has acquired a Latvian renewables company which is developing a 200MW wind and solar project in the country.
German investment firm Aquila Capital has raised €1 billion in financing to support the development and construction of a 2.6GW renewables pipeline in Spain and Portugal over the next three years.
Module manufacturing major Risen Energy has posted strong revenue and profit figures for the first half of the year, driven by a large increase in product sales and unit sales prices.
Pay-as-you-go solar company Bboxx has gained access to four additional African markets with the acquisition of distributed energy resources provider PEG Africa.
The European Bank for Reconstruction and Development (EBRD) is providing up to US$100 million in financing to support the development of 150MW of solar in Turkey.