Oil and gas company Galp has secured loans from the European Investment Bank (EIB) to support the construction of more than 2.1GWp of solar projects across Spain and Portugal.
Alight has signed agreements to build three solar parks in Sweden that according to the company will be the largest in Sweden once built with a total installed capacity of 90MW.
The clean energy business of US utility NextEra Energy had a record quarter of origination success in Q3, adding approximately 2,160MW to its backlog, including 515MW of new solar projects.
The US Department of Energy (DOE) is to fund projects aiming to extend the operational lifetime of solar PV projects to 50 years and support the development of advanced materials such as perovskites.
Average winning solar bids in Spain’s renewables auction this week came in above those for wind as interest among PV bidders faltered against a backdrop of rising equipment costs and regulatory uncertainty.
Distributed generation is the future of solar PV in China, with 48GW expected to be deployed next year in the country, according to Frank Haugwitz, director of Europe Asia Clean Energy Advisory Company
A round-up of the latest news from the US solar market, featuring project financing from Cypress Creek and DE Shaw, SolarEdge project launches and solar loan securitisations from Sunnova and Mosaic.
US utility Hawaiian Electric is seeking proposals from resources including solar-plus-storage as part of its latest “all-source” renewables procurement round.
Tesla solar installations jumped by 46% year-on-year but fell slightly sequentially to 83MW in Q3 as the clean tech giant targeting greater profitability from its energy division.
