US PV developer Urban Grid has closed a senior secured term loan facility for up to US$100m with New York-based private credit manager Crayhill Capital Management LP.
The UK government is to provide £100 million of funding to the Renewable Energy Performance Platform (REPP) to support up to 40 new renewable energy projects in sub-Saharan Africa including small-scale solar, wind, geothermal and biomass sources up to 2023, along with £105 million for certified green buildings in emerging markets.
Arcadia Power has closed on a US$25 million investment round that the company will now use to expand its outreach to consumers and offer its services. In addition, the company announced that it is developing 120MW of new community solar projects across the US.
Israel-based waterless solar cleaning solutions provider Ecoppia has completed a US$13 million round of funding, led by Swarth Group, GlenRock, Gandyr, and a new investor, Israel's largest insurance group, Harel Group Insurance and Finance.
The government of Jay Weatherill, premier of South Australia, has just formally launched three Calls for Proposals under the AUS$150 million (US$118.5 million) Renewable Technology Fund, a programme to foster private investment and accelerate project development in clean energy technologies.
The Australian Renewable Energy Agency (ARENA) is to provide AU$20 million (US$15 million) for its third competitive funding round for PV research and development (R&D).
The Australian Renewable Energy Agency (ARENA) launched its new investment plan prioritising how to use US$800 million worth of funds in the next few years, with solar PV innovation one of the main new areas of focus.
Californian Congressman Eric Swalwell and 138 other members have taken a stand against Trump administration plans to slash funding for the Office of Energy Efficiency and Renewable Energy (EERE).
