finance

Diversified renewables firm Shunfeng International Clean Energy (SFCE) has secured the sale of 11 PV power plants in China to reduce mounting debts.

Enel has announced a multi-billion-euro upgrade to its renewables investment programme as the utility plans to derive 60% of its power generation from renewables by 2022.

BNEF: Slide in China, Brazil and India drags global annual clean energy investment volumes from US$169bn to US$133bn, while coal power generation soars to new heights.

Grenergy Renovables has penned a solar supply agreement with Spanish utility Galp, its first such arrangement in the country.

Genex Power has secured AU$175 million (US$117 million) of debt to finance a new 50MW project and refinance an existing 50MW project in Australia.

The latest release of PV-Tech’s unique PV ModuleTech Bankability Rankings report confirms the exclusive status today afforded to just four PV module suppliers (JinkoSolar, LONGi Solar, Canadian Solar and First Solar), in being the only companies to have AA-Rating module bankability status within the industry today.

US solar developer Silicon Ranch is to develop a new 107MWac solar farm to power Facebook’s data centre in Newton County, Georgia.

European Investment Bank approves support to 218MW PV portfolio in Spain after drawing global headlines with vote to end funding to unabated coal, gas and others by 2021.

Hevel bags EDB loan, Azure raises from Canadian shareholder, Grenergy in green bond debut, Mirova backs Corsican solar-plus-storage specialist.

Nordic renewables giant Statkraft has confirmed its entry into Ireland’s nascent solar power market, acquiring nine solar projects in the country.