Storage

Australia's state-run renewable energy financier, Clean Energy Finance Corp (CEFC), invested a record-breaking total of $1.3 billion in the clean energy sector in FY19.

Firm says clean energies will catch up with fossil fuels by 2027 and race ahead by 2030, with Indian solar already cheaper and Aussie solar set to follow next year.

Firm’s subsidiary inks PPA with farmer power cooperative for Skeleton Creek project, billed as the largest triple hybrid of its kind to see the light in the US.

Edify Energy, First Solar among firms chosen by ‘Renewables 400’ scheme, with plans now for government-owned corporation CleanCo to process bids as they come forward.

Matshela Koko says last year’s probe in South Africa has pushed him to ‘greater heights’ after securing Zimbabwe’s go-ahead to 100MW/240MWh plant.

BlackRock-backed firm bags loan as it snaps up 75.2MW portfolio, ING backs Aussie 67.8MW, Fund manager Basalt to back C&I pipeline.

Genex to reach financial close by the autumn for innovative pumped storage plant offering dispatchable solar through disused gold mine.

According to the latest ‘Solar EPC and O&M Provider Tracker’ report from IHS Markit, the EPC sector has yet to experience any effective market leaders or consolidation.

India’s newly appointed finance minister dishes out support for infrastructure and mega factories but downstream PV mostly left out.

Commercial and residential solar-plus-storage customers on Long Island will be eligible for payments of US$250 per kWh of storage installed, NY Governor Andrew Cuomo has confirmed.