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An Ignitis Group solar project in Lithuania. Credit: Ignitis Group

PVCase raises US$100 million in latest funding round

July 18, 2023
PVCase has closed its latest funding round, raising US$100 million from investors Highland Europe, Energize and Elephant.
EIB vice president Ricardo Mourinho Félix (left) and Banco Santander's regional head for South America Carlos Rey de Vicente, announced the loan during the EU-CELAC Summit of Heads of State and Government and the EU-LAC Business Forum. Credit: EIB

EIB to loan €300 million to Banco Santander for 600MWp of solar projects in Brazil

July 17, 2023
The European Investment Bank will loan €300 million to Banco Santander (Brasil) to build 600MWp of small-scale solar in Brazil.
PV Hardware trackers at the Wadi ad-Dawasir project.

Altaaqa reaches financial close for 119MWp Wadi al-Dawasir solar plant

July 13, 2023
Altaaqa Renewables has closed financing for its 119MWp Wadi ad-Dawasir plant, which will be built in Saudi Arabia.
The European Investment Bank's headquarters in Luxembourg. Credit: European Investment Bank

EIB adds €15 billion in funding to REPowerEU scheme

July 13, 2023
The European Investment Bank has announced plans to increase its funding for its REPowerEU project by €15 billion.
image: Aspen Power Partners

US solar firm Aspen Power secures US$90 million for project development

July 12, 2023
Solar developer Aspen Power has secured US$90 million to continue developing its community solar, small-utility and commercial and industrial (C&I) projects.
DESRI has four projects in planning or operation in New Mexico. Alta Luna (pictured) is a 25MW asset that went online in 2016. Image: DESRI

DE Shaw begins construction at 200MWac San Juan solar and storage plant

July 12, 2023
DE Shaw Renewable Investments has started construction at its 200MWac San Juan solar and storage project in the US state of New Mexico.
Iberdrola's hybrid solar-wind project located in Castille and Leon, Spain. Credit: Iberdrola

Iberdrola issues €850 million in green bonds to support renewable development

July 10, 2023
Spanish electric utility Iberdrola has issued €850 million (US$932 million) in green bonds to investors, to support the development of new renewable projects around the world.
The organisations will use an energy system model (SEM) established by SEforALL, along with open access tools for cost optimisation. Credit: NTPC

Indian utility GUVNL announces 1.2GW of tenders for new Khavda solar projects in Gujarat

July 7, 2023
Indian electric utility GUVNL has announced that it is accepting bids for two 600MW solar projects to be built at the Khavda renewables park.
A solar project under construction.

Lightsource BP completes US$460 million deal for 368MW of US solar

June 2, 2023
Lightsource BP has completed a US$460 million financing package that will enable the construction of 368MW of solar power in the US.
With the TotalEnergies CVC sale, this marks the first private equity secondary market transaction for Aster. Image: Aster.

TotalEnergies sells ‘most of’ its climate venture capital assets to Aster

June 1, 2023
French energy company TotalEnergies has sold most of its climate venture capital (CVC) arm, TotalEnergies Ventures, to French VC firm Aster.

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