An extended tax exemption for generation, transmission and distribution companies, in the Brazilian state of Minas Gerais is set to benefit large-scale PV deployment.
Public market financing of solar companies reached a record US$2.3 billion in the second quarter of 2015, bucking an overall downward trend in corporate solar funding during Q2.
Bluefield European Solar Fund (BESF), a new solar investment vehicle to be advised by Bluefield Partners, has announced its intention to list on the London Stock Exchange and raise €200 million (US$220 million) for PV acquisitions.
Developer Sky Solar has announced that the Inter-American Development Bank (IDB) has approved US$55.7 million loan to finance the construction, operation and maintenance of six PV plants and their connected facilities in Uruguay. The China Co-Financing Fund and the Canadian Climate Fund for the Private Sector, both led by IDB, will also offer additional loans of US$19.3 million and US$10 million, respectively.
Australia’s Clean Energy Finance Corporation (CEFC) has been told by Prime Minister Tony Abbott that it can no longer invest in rooftop solar and wind projects.
Investment in small-scale solar during the second quarter of 2015 was up 29% on the previous year, going against a ‘lag’ in investments in clean energy globally, according to new Bloomberg New Energy Finance (BNEF) figures.
Solar developer First Solar has agreed to sell power at US$0.0387/kWh, thought to be the lowest electricity price ever, from a 100MW solar plant to utility NV Energy, according to a filing with the Public utilities Commission of Nevada.
