US clean energy platform Palmetto has raised US$150 million from private equity firm TPG's climate investment arm TPG Rise Climate to increase clean energy adoption and access to residential solar across the US.
Independent producer of PV renewable energy Reden has inked a deal with financial institutions, including the European Investment Bank (EIB), Crédit Agricole Corporate and Investment Bank Milan branch and Natixis Corporate and Investment Banking, to fund a solar portfolio in Italy.
Floating PV (FPV) developer Sungrow FPV will supply floating systems to a 192MW project in Indonesia, which it has said will be the largest floating installation in the country.
In January the South African government released an amendment to its energy action plan that lowered the local content requirements of solar modules deployed on government-backed schemes from 100% to 30%. The move was unsurprising to many, and may speak to the overwhelming rise of private projects in the country’s PV sector.
Saudi energy provider ACWA Power has signed agreements to develop 1.4GW of solar PV and 1.2GW of energy storage projects in Uzbekistan to be financed by the country’s Ministry of Investment, Industry and Trade.
Spanish EPC company GRS has started construction of a 122 MW solar PV project in Badajoz, Spain on behalf of solar developer Fotowatio Renewable Ventures (FRV).
Energy company Avangrid, a US subsidiary of Spanish major Iberdrola, has partnered with solar tracker supplier Array Technologies with the intent to deploy more than US$30 million of its solar trackers.
