Integrated renewable energy firm Cypress Creek Renewables has secured a US$450 million facility from a group of investors led by Singapore-based investment company Temasek.
IFC is partnering with the Commercial Bank of Ceylon (CBC) to help the Sri Lankan bank invest more in local companies focused on renewable energy and energy efficiency.
Renewable energy developer, BayWa r.e. has sold its first Australian solar project, a 20MW utility-scale plant still under construction, to investment company Lighthouse Infrastructure.
According to the Financial Times, Hanergy Holding Group plans to build a 300MW CIGS thin-film production plant in partnership with the local government Datong City and Datong Coal Mine Group as part of a wider initiative on developing a solar industry development cluster.
India may soon review its Renewable Purchase Obligation (RPO) mechanism to give targets more suited to the environment of each state and offer more flexibility, according to energy minister Piyush Goyal.
Leading PV manufacturing equipment supplier Meyer Burger has secured orders worth around CHF 22 million (US$23.2 million) from an existing customer in Asia for its PERC (Passivated Emitter Rear Cell) technology.
Leading asset management group BlackRock has taken its Renewable Income UK fund up to £1.1 billion (US$1.43 billion), making it one of the largest single investments in renewable energy.
The Solar Energy Corporation of India (SECI) has cancelled 950MW worth of solar tenders as the extreme dive in solar tariffs across India continues to impact tenders, but it is expected to retender this capacity.
