Lithuanian energy supplier Green Genius has secured €9.5 million (US$10.07 million) from investment and insurance company INVL towards building 500MW of renewables projects in Romania.
US-based independent power producer Enfinity Global has closed €300 million (US$316 million) in equity funding from global alternative asset manager ICG, with another €100 million expected to close within a year.
The agreements cover two solar projects and one onshore wind project as they are the first phase of a 10GW pipeline of renewables projects in Azerbaijan signed in 2022.
French renewable power producer Neoen has begun construction on a 100MWp PV plant in Sweden, alongside Swedish independent power producer (IPP), Alight.
Colorado-based mini-grid specialist Husk Power has secured more than US$100 million in equity and debt funding aimed to grow its community solar mini-grids in rural sub-Saharan Africa and South Asia.
Researchers at Germany’s Fraunhofer Institution for Solar Energy Systems (ISE) have launched a new medium-voltage string inverter aimed at large-scale power plants.
Independent power producer (IPP) Sonnedix has acquired 416MW of solar PV portfolio in Chile from Italian energy company Enel and its subsidiary Enel Chile.
