As larger floating solar projects become a more common sight around the world, bankability is increasingly coming to the fore to satisfy the demands of financiers. Jeremy Ong, Ken Tay and Harald Hammer look at some of the areas where careful due diligence is vital to managing and mitigating technical risks for lenders
Scatec Solar has struck a US$1.1 billion deal to acquire leading hydropower developer SN Power, touting the potential for floating solar on hydro reservoirs.
Driven by increased investor interest and a growing project pipeline, utility-scale floating solar installations are set to take off globally over the next few years, a report from Fitch Solutions says.
A round-up of the latest news from the US solar market, as Helios Infrastructure continues its acquisition spree and Duke Energy unveils plans for a floating solar facility paired with storage at Fort Bragg.
Indian state-owned power company Damodar Valley Corporation (DVC) will focus solely on solar projects to add additional capacity, as it looks to develop an extensive floating PV portfolio.
NTPC, India’s largest power company, is aiming to add more than 5GW of new solar capacity in the next two years as it builds its renewables presence overseas thanks to a collaboration with the International Solar Alliance (ISA).
BayWa r.e. expects to conclude the majority of a 1GW+ pipeline of solar sales towards the end of this year after it highlighted the role solar played in its H1 2020 results.
