Not-for-profit association Global Solar Alliance has signed an agreement with the International Solar Alliance (ISA), an India-led venture hoping to spur investment in solar across developing countries, to promote solar worldwide.
Genex Power has announced that the Northern Australia Infrastructure Facility (NAIF) Board has supported a financing structure for Genex’ Kidston State 2 Project through the provision of an indicative term sheet for a long-term concession debt facility of up to US$382 million.
Madrid-headquartered PV developer Dhamma Energy has closed the sale of a 37MW ready-to-build solar project located in the Mexican state of San Luis Potosi to asset manager Balam Fund.
India has given the option to solar power procurers to extend the timelines for land acquisition, financial close and PV project commissioning, which should help developers working on interstate transmission system (ISTS)-connected plants.
As an investor from a matured solar market in the West looking at India, Jonathan Selwyn, chairman of the UK retail investor-backed Downing Indian Solar EIS, discusses the experience of investing in Indian solar.
PV project developer and operator ReneSola announced that Sequoia Economic Infrastructure Income Fund has agreed to extend senior debt facility to US$41.6 million for ReneSola’s 55MW pipeline of PV plants in Poland.
Wind and solar could provide half of the world’s energy generation by 2050 on the back of continually declining technology costs, particularly in battery energy storage, according to a new report from Bloomberg New Energy Finance (BNEF).
The French independent power producer (IPP) REDEN Solar has refinanced the bulk of its domestic assets raising €270 million (US$312 million) in the process.