Markets & Finance

Warsaw unveils PLN1bn scheme to co-fund home PV, World Bank supports roll-out in Sahel state, Pacific kingdom breaks ground on off-grid solar.

Neoen’s 128MW Numurkah Solar Farm will help offset emissions from Melbourne trams and steelworks factory under a 15-year PPA.

Firm bags US$204.5m from five banks as it acquires solar scheme in Nolan County, set to become its largest renewable venture once live.

Industry claims it can help ensure energy transition is fair to all after EU study finds rolling out 580GW of solar could create synergies in de-industrialising regions.

Without the ITC solar will generate 12% of US electricity in 2030 instead of 16%, according to the SEIA.

World Bank’s IFC, the EIB and Proparco pour €38 million into PPA-backed projects contracted last year at €0.0380-0.0398/kWh, paving way for construction.

TerraForm Power has signed off on an agreement with AltaGas that will see TerraForm acquire a high-quality, unlevered distributed generation platform with up to 320MW of capacity in the US. The total purchase price for the DG assets was US$720 million.

Matshela Koko says last year’s probe in South Africa has pushed him to ‘greater heights’ after securing Zimbabwe’s go-ahead to 100MW/240MWh plant.

Firm marks launch for auction-backed Cafayete project it bought in March 2018, with construction handled by EPC specialist Powerchina.

Northern Territory grants major project status to world’s largest PV scheme by developer SunCable, which wants it to power its home state of Singapore.