Bilateral revolving credit facility of €55m from Intesa Sanpaolo will fund construction of 12 PV projects in Sicily, Apulia and Lazio, reportedly among country's first subsidy-free projects.
Three dedicated renewables zones could generate AU$23 billion (US$14.1 billion) of private sector investment and create about 2,000 construction jobs in the state annually, says government.
Governor Cuomo revealed last Friday that 17 solar projects in the 19.99-270MW range and two 20MW battery storage projects will be developed and commissioned in upstate New York by 2024.
Mixed reaction greets move by Boris Johnson's government to sidestep renewables even as it pledges investment in EV infrastructure, carbon capture and storage and nuclear fusion.
New JV with Connecticut's TELOS Clean Energy will develop, construct, own and operate solar power projects for commercial, industrial and municipal customers.
German capital's newly-approved blueprint says 25% of power demand could be covered by rooftop solar and calls for improvements on federal legislation for urban solar.
The New York renewables asset manager will refocus on C&I and utility-scale assets after offloading 27.6MW of rooftop PV to San Francisco's Spruce Finance.
The solar boom being fostered by UAE, Saudi Arabia and others is fuelling appetite for imported PV components. Top Chinese makers walk PV Tech's Carrie Xiao through their steps to succeed in a region of megaprojects.
