A round-up of the latest project news, featuring Lightsource BP’s first Spanish project to begin operations, Risen’s module supply partnership with the US Mammoth Solar project, and the establishment of an 800MW pipeline in Latin America
Canadian Solar has secured a €50 million (US$59.7 million) bilateral corporate facility with Banco Santander to support its project development efforts in Europe, the Middle East and Africa (EMEA).
The cost of building and operating new utility-scale PV is now cheaper than running existing coal plants in China, India and across much of Europe. However, rising commodity prices could see PV projects become temporarily more expensive in the second half of 2021, according to BloombergNEF analysis.
Global inverter supplier FIMER has announced the launch of two new platforms for the utility-scale solar sector that are designed to serve both decentralised and centralised systems
Amazon has announced 14 new renewable projects in the US, Canada, Finland, and Spain, strengthening its position as the largest corporate buyer of renewables globally
The amount of renewable energy that came in cheaper than the most competitive fossil fuel option doubled last year, according to new analysis from the International Renewable Energy Agency (IRENA).
Major system-wide benefits are obtainable for European power producers that quickly replace coal with renewable energy, from avoiding fuel and carbon costs to new power export opportunities.
NextEnergy Capital Group (NEC) has raised an additional US$232 million for its international solar fund, as it targets PV projects in OECD countries such as the US, Portugal, Spain, Chile and Italy.
