finance

The policy environment for solar PV in Europe needs to be balanced between the interests of developers and other industry parties, according to speakers at today’s Large Scale Solar Europe conference in Lisbon.

Invenergy has secured US$1.27 billion for the construction of a 677MW renewables portfolio, including a 189MW solar PV project in Kansas.

With solar a global industry, perhaps a global approach is the best way to ensure a more consistent supply of funding.

Global investor KKR has acquired a majority stake in US-based solar and energy storage developer Avantus.

Statkraft has signed a PPA with Vitesco Technologies, offering 83GWh of power from its solar and onshore wind power plants in Germany.

US independent power producer (IPP) Enfinity Global has sold a minority stake in a 400MW US solar PV portfolio to Japanese utility Kysuhu Electric.

Record renewables capacity additions and the progress in the energy transition last year are insufficient to meet the 1.5°C scenario.

Econous Green Energy has formed a partnership with Finnish renewable energy investor Korkia to build a 600MW solar PV plant in Romania.

NextEnergy Capital has inaugurated two solar PV plants with a combined 260MW generation capacity in Portugal and Spain.

US distributed solar asset owner Spruce Power posted decreased revenues and EBITDA in Q4 2023, totalling US$15.7 million and US$9.9 million respectively.