Indian renewables company ReNew Energy Global Plc’s wholly owned subsidiary India Clean Energy Holdings has raised US$400 million through a green bond sale that will be used to support the company’s growth strategy and “refinance existing high-cost debt”.
Alternative asset manager Blackstone will invest around US$3 billion in Invenergy Renewables to help drive an accelerated build-out of the solar and wind developer’s clean energy platform.
Prior to 2019, there was an ample number of insurers willing to provide renewable energy insurance, leading to plentiful, affordable cover being available for solar power project finance transactions. However, with increased claims and risks, price rises and lower availability of cover is impacting the sector. Duncan Gordon, head of Renewable Energy at specialist energy insurance brokerage and risk management firm Gallagher, provides an overview of how solar power project owners can navigate a challenging insurance market.
Silicon Ranch has raised US$775 million in new equity capital to help progress on its existing project pipeline, enter new markets and pursue acquisitions.
JinkoSolar has revealed new details regarding its prospective initial public offering (IPO), confirming an offering schedule, placement size and that n-type cell and modules will be the focus of capacity expansions.
As operational solar assets mature, news of repowering projects is steadily ramping up. Alice Grundy takes a look at what’s influencing decisions and just when the right time to repower is.
Elevion, the renewables arm of Czech conglomerate ČEZ Group, is targeting growth within Europe’s PV market after closing the acquisition of Belectric’s European assets.
With subsidies now a distant memory in most markets, solar is increasingly finding itself deployed via government tenders and corporate PPAs. But what are the prospects for those to mature, and to what extent will merchant revenue models emerge this decade? Jules Scully reports.
