Investment groups Equis Funds and Partners Group have raised ¥26.1 billion (US$250 million) of equity to fund utility-scale solar power stations for developer Nippon Renewable Energy through a joint investment platform, Japan Solar.
Wildly varying reports of Kenya’s plans for deploying solar energy have been dismissed by power industry and policy figures in the East African country.
Bloomberg New Energy Finance (BNEF) has said that preliminary estimates indicate that the PV industry end demand reached as high as 39GW in 2013, up 28% from 2012 and driven by massive growth in China, Japan and the US in particular.
Chile’s pipeline of approved but unbuilt PV projects reached over 5.33GW at the end of December, according to the country’s renewable energy research centre CER.
Aside from traditional solar PV module manufacturing product warranties JA Solar in collaboration with Solar Insurance and Finance (Solarif) is offering customers solar project insurance.
The UK’s Department of Energy and Climate Change (DECC) wants ‘established’ renewables to compete against each other for support under its upcoming contracts for difference (CfD) regime.
Canadian-based private equity firm, JCM Capital has launched a targeted fund of up to US$150 million to support PV power plant projects in Latin and South America and Sub Saharan Africa.
