The US Department of Energy (DOE) has released US$45 million in funding to support domestic solar manufacturing and dual-use PV projects, US$18 million of which is issued under the Bipartisan Infrastructure Law.
NextEnergy Capital, the London-based solar energy asset manager, has closed the first round of its fifth investment vehicle, NextPower V ESG (NPV ESG) with US$480 million in investment commitments.
Spanish renewables company Grenergy has secured US$148 million in green financing to complete the development of two solar PV projects in Chile with a combined capacity of around 300MW.
Upstream US-based solar manufacturer CubicPV might feasibly be the place at which tandem perovskite PV products are successfully made durable enough for commercial use; two recent announcements have come out of the company that speak to the potential of its tandem development route.
Romanian oil and gas producer OMV Petrom has bought a 710MW solar PV portfolio in its home country, which it said will be one of Southeastern Europe’s ‘most significant’ solar projects.
Large-scale renewable energy developer Intersect Power has secured a revolving credit facility to the tune of US$800 million to support the deployment of its solar, energy storage and wind asset pipeline.
Europe will surpass its 30GW solar PV manufacturing target by 2025 if the right industry and policy conditions are met, according to a report by the European Solar PV Industry Alliance (ESIA).
