The European Commission has announced a list of 140 electricity projects that will be fast tracked and have access to a funding pot of €5.85 billion (US$7.9 billion).
Investment in clean energy in the third quarter of 2013 was down 20% year-on-year, marking a “worrying” loss of momentum in the sector, according Bloomberg New Energy Finance.
Energy Team Brasil, the Brazillian subsidiary of European renewable project developers, Energy Team SRL Brixen, is planning to build a 40MW PV rooftop array in Brazil.
The International Finance Corporation (IFC), an arm of the World Bank, is planning to launch a new financing facility to pump-prime small-scale PV development in emerging markets, PV Tech has learned.
The performance of a number of large PV installations in the US dipped over the summer following a series of weather anomalies, prompting calls for greater awareness of climatic risk in project financing.
Another major milestone has been reached in the 550MW Topaz Solar Farms construction with a total of five million, First Solar-made CdTe thin-film modules having been installed.
Shunfeng Photovoltaics International, the company revealed yesterday as a bidder for struggling Wuxi Suntech, has secured a HK$980,000,000 (US$126,000,000) loan to expand its PV project development business.
