Markets & Finance

October 4, 2017
Independent solar power producer Scatec Solar ASA has teamed with Norway’s multinational oil and gas company, Statoil ASA to support the funding of a 162MW solar power plant project in Brazil.
October 4, 2017
Yesterday’s record-breaking bid opening in Saudi Arabia for 300MW of solar has grabbed headlines, including on PV Tech, but while the exact parameters of the RfP remain covert, the bid levels have sparked debate about whether such low prices can be possible without some kind of escalating tariff mechanism or other distortion.
October 4, 2017
The Green Climate Fund (GCF) has approved the allocation of up to US$110 million to the EBRD’s Kazakhstan Renewables Framework, at a meeting in Cairo.
October 3, 2017
UPDATED: Saudi Arabia’s 300MW solar tender has seen opening bids go lower than two US cents, setting the tone for a new global solar power tariff record if awarded.
October 3, 2017
Energy storage could be considered the “great white hope” for the renewable energy industry in Britain, according to the head of policy at the Renewable Energy Association (REA).
October 3, 2017
Just after UK-based Foresight Solar Fund bought a 48.5% stake in the Bannerton solar plant in Victoria, the Clean Energy Finance Corporation (CEFC) has announced AU$98 million in debt finance for the project.
October 3, 2017
Major Indian solar developer Azure Power has won a 1.3MW rooftop solar project from an NTPC subsidiary to provide power for 25 years to both Government of India and Ministry of Health and Family Welfare facilities in the states and union territories of Delhi, Puducherry, Uttar Pradesh, West Bengal and Assam.
October 3, 2017
The European Bank for Reconstruction and Development (EBRD) has issued a US$500 million global green bond that will be used to support the company’s Green Project Portfolio.
October 3, 2017
Egyptian PV firm KarmSolar has signed a power purchase agreement (PPA) with two subsidiaries of major food exporter Dakahlia Group for two solar projects totalling 23.5MW in Egypt.
October 3, 2017
Sonnedix has acquired a controlling interest in Cox Energy Chile, a subsidiary of Spanish firm Cox Energy, and the two firms will partner on building and operating renewable energy projects in Chile.

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