New affiliate Cardinal Renewables will acquire solar projects that venture partner Alchemy Renewables will then manage, operate, maintain and place tax equity financing for.
Project in Sardinia (5MW) emerges as sole PV winner of 500MW auction dominated by wind power (495MW) but industry representatives believe solar future is subsidy-free.
Think tank warns in pre-budget submission paper that government agency – which has no funding beyond 2021-2022 – will run out of money for new projects by mid-2020.
Network operator Liander publishes list of areas where requests will be temporarily held after finding PV roll-out doubled almost everywhere in its catchment area last year.
The PV facilities are set to come online by the end of 2023, helping utility Tri-State Generation and Transmission Association meet new 50%-by-2024 renewables target.
Oil major’s deal with ACS Group to amass massive pipeline in Spain marks the latest boost for the country, said by regulators to have nearly doubled PV capacity in a single year.
400MW solar plant features 300MW/1,200MWh battery storage system and marks the fourth solar collaboration between the Swiss asset manager and the Californian IPP.
Funds raised by the Climate Finance Group will go towards grid-connected and distributed renewables, energy efficiency, low-carbon transportation and energy storage in Africa, Latin America and Southeast Asia.
