Independent power producer (IPP) Sonnedix has secured a €260 million (US$279 million) green loan to finance the acquisition and construction of renewable energy projects in Italy.
The first US$10 billion close of this second fund includes a seed portfolio of an unnamed UK onshore renewables developer and a solar development partnership in India.
The combination of strict land legislation, elaborate permitting and a fiercely competitive solar developer market trying to meet ambitious PV deployment targets is causing issues for the French solar market.
In 2023, a collective US$1.8 trillion went towards energy transition technologies and their supply chains, including solar PV and other renewable generation, grids, electrified transport and clean tech factories.
Alantra – a renewables asset manager – and solar developer Solarig have secured €213 million (US$232 million) to support the construction of seven solar PV projects with a total 306MWp of generation capacity.