Global solar industry funding has rallied from a turbulent first half of the year as project acquisition activity soared in Q3, a report from Mercom Capital Group says.
Eden Renewables India, the EDF and Total-owned joint venture, has cemented its status in India’s solar market by picking up awards for 1.35GW of new-build solar PV.
The UK is witnessing an acceleration of its subsidy-free solar build out, just as the country’s pipeline of utility-scale projects observed a record month for additions.
Solarpack increased its H1 operating revenues nearly three-fold (191%) year-on-year to €78.84 million (US$93.64 million), thanks in part to the commissioning of PV projects in Spain, Chile and India.
Queensland’s three state-owned energy corporations will be able to increase their ownership of commercial renewable projects thanks to a new AU$500 million (US$364.45 million) renewable energy fund announced yesterday.
UK solar investor Foresight Solar Fund has agreed a €20 million deal to acquire a 26.1MW solar project in Spain, the company’s first in the country and its first ever subsidy-free solar investment.