Markets & Finance

Genex to reach financial close by the autumn for innovative pumped storage plant offering dispatchable solar through disused gold mine.

Government confirms 10GW across 64 projects has applied for support from two-layered 1.4GW tender, meant to award contracts later this summer.

Espejo de Tarapacá project is meant to plug support gap for Chilean energy storage by pairing up 300MW system with 561MW PV plant in Atacama.

Legislative clarity and tax deductions could help fuel 40-fold boom of solar to power 10% of electricity mix in Nordic state, says industry lobby Svensk Solenergi.

Mercom: US$300m ReNew Power deal and stock exchange listings help industry raise US$6bn in H1 2019 from venture capitalists, public markets and debt providers.

The Clean Energy Infrastructure (CEI) arm of independent global private asset management firm Capital Dynamics has formed a joint venture with solar finance and development company Sol Systems.

According to the latest ‘Solar EPC and O&M Provider Tracker’ report from IHS Markit, the EPC sector has yet to experience any effective market leaders or consolidation.

Policy and market signals could see UK capture 22TWh opportunity from helping corporates meet clean energy pledges, London event hears.

Beijing could up solar production by 12-13% and unlock 51-74TWh if it acts against industrial and transport emissions driving sunlight dimming, researchers say.

Chint Solar says many new innovations are so closely linked to predecessors they are instantly ‘bankable’.