finance

FP Lux Group has purchased a 114MWp portfolio of solar PV projects in Italy from German renewables developer PNE in the first investment of its FP Lux Energy Transition Fund.

Corporate financing in the solar sector rose 42% in 2023 compared with 2022, according to Mercom Capital.

US distributed generation platform Aspen Power has secured US$241 million in three financing tranches to support construction of its future solar PV assets.

Governments and solar developers looking to widen the spread of residential solar PV in the US should look to deploy non-residential solar projects.

UK-based renewable energy developer SSE Renewables has acquired a 400MW solar portfolio in Poland.

Sonia Dunlop and Alyssa Pek of the Global Solar Council reflect on how solar's inclusion in the COP28 agreement can spur the industry to new growth.

A consortium of EDF Renewables and Korea Western Power Corporation (KOWEPO) has reached financial close on a 500MW solar PV plant in the Sultanate of Oman.

US climate investment firm HASI has invested an undisclosed sum into a 605MW solar and solar-plus-storage portfolio owned by US utility AES Corporation.

US utility American Electric Power (AEP) has signed an agreement to sell its 625MW of solar PV assets in the state of New Mexico to investment firm Exus Asset Holdings.

The money will support the development and operation & maintenance (O&M) of 67MW worth of solar PV projects.