finance

French developer and independent power producer (IPP) Neoen will look to raise in excess of €620 million when it floats on the Paris stock exchange.

The Danish Green Investment Bank has provided €16 million of funding for two projects in Denmark with a combined capacity of 32MW.

Softbank CEO Masayoshi Son has said its solar projects will provide electricity for free beyond the initial 25-year term of their power purchase agreements (PPAs).

Saudi Arabia’s sovereign wealth fund has rejected media reports that a multi-billion dollar solar programme has been halted.

Fund manager African Infrastructure Investment Managers (AIIM) has acquired majority stakes in nine new solar and wind power plants in South Africa, totaling 800MW.

Oxfordshire-based multicrystalline wafer manufacturer PV Crystalox has settled its long-running, multi-million-euro contract dispute with a still unnamed customer.

The European Bank for Reconstruction and Development (EBRD) is providing a €31 million loan for a 30MW solar project in the Kyzylorda region of Southern Kazakhstan, sponsored by Total EREN and Access Infra Central Asia.

Developer and EPC firm Conergy Asia has been acquired by the Green Investment Group (GIG).

Leading ‘Silicon Module Super League’ (SMSL) member JinkoSolar has reported higher than guided second quarter PV module shipments and reiterated total shipments guidance to be in the range of 11.5GW to 12GW in 2018.

US solar developer Cypress Creek Renewables has received a US$200 million investment from the Singapore-based firm Temasek.