Indian renewables company ReNew Energy Global Plc’s wholly owned subsidiary India Clean Energy Holdings has raised US$400 million through a green bond sale that will be used to support the company’s growth strategy and “refinance existing high-cost debt”.
N-type solar modules produced up to 5.26% more power than p-type counterparts, delivering advantages to project LCOE and IRR, in new analysis conducted by TÜV Nord.
Brazil has published its long-anticipated net metering laws that has introduced a new framework for distributed generation in the country and will see any solar PV systems below 5MW eligible for net metering tariffs until 2045.
Renewable energy asset manager Luxcara has reached financial close for a subsidy-free solar project in Germany that will have a capacity of at least 171MWp and supply power to Volkswagen.
Prior to 2019, there was an ample number of insurers willing to provide renewable energy insurance, leading to plentiful, affordable cover being available for solar power project finance transactions. However, with increased claims and risks, price rises and lower availability of cover is impacting the sector. Duncan Gordon, head of Renewable Energy at specialist energy insurance brokerage and risk management firm Gallagher, provides an overview of how solar power project owners can navigate a challenging insurance market.
India’s state-owned National Hydroelectric Power Corporation (NHPC) has signed an agreement with the Green Energy Development Corporation of Odisha Ltd (GEDCOL) for the development of 500MW of floating solar projects in the eastern state of Odisha.
US solar companies have continued their push in the electric vehicle (EV) sector with Enphase Energy completing its acquisition of EV charging outfit ClipperCreek, while iSun bagged a contract to design and deliver almost 2,000 off-grid solar canopies to be located at EV charging stations across the US
Silicon Ranch has raised US$775 million in new equity capital to help progress on its existing project pipeline, enter new markets and pursue acquisitions.
