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.
A senior advisor to US president Barack Obama is expected to officially announce on Tuesday a number of measures aimed at making rooftop solar accessible for low income families, according to various reports.
Foresight Group has purchased a large-scale UK solar farm from the Chinese tier-one PV module manufacturer Renesola, with Foresight claiming that its UK solar portfolio now exceeds 400MW of generation assets.
Leading thin-film manufacturer First Solar faces the prospect of losing a key financial supporter of its foreign exports as the possible closure of the US Export-Import Bank looms.
