investment

The European Investment Bank (EIB) will support the RePowerEU scheme with €30 billion (US$29.7 billion) in loans and equity financing over the next five years, as it looks to secure Europe’s renewable energy future and reduce its dependence on Russian gas.

New policies in major energy markets would accelerate the investment in clean energy to US$2 trillion by 2030 in the states policies scenario (STEPS), according to a report from the International Energy Agency (IEA).

Japanese renewable energy company Shizen Energy has received a ¥20 billion (US$133 million) investment from investment group CDPQ.

Controlling interest in US developer Mission Clean Energy has been acquired for an undisclosed sum.

US engineering, procurement, and construction contractor SOLV Energy has invested in autonomous robotics company Swap Robotics.

US solar racking manufacturer Unirac has secured a recapitalisation investment led by private equity firm Greenbelt Capital Partners.

Bruce Huber, CEO at Alexa Capital, explores how high levels of inflation impacts solar PV project revenues and costs.

A patchwork implementation of the EU’s power revenue cap could stall renewables development and dent investment, according to LevelTen Energy, a power purchase agreement marketplace operator.

European Union countries will introduce a revenue cap on operational solar PV plants as part of a package of emergency measures approved today.

Plans for a temporary revenue cap on solar PV assets across the European Union (EU) could dent investor confidence in renewables, experts have warned, amid concerns that individual member states may be able to set lower caps specific to different technologies.