Spanish utility Iberdrola has landed €800 million (US$903 million) in funding from the European Investment Bank (EIB) and Instituto de Crédito Oficial (ICO) to spearhead new renewable energy deployment throughout Spain.
Corporate solar funding fell by 25% year-on-year to US$4.5 billion in the first half of 2020, but the decline could have been much starker, new analysis by Mercom Capital has found.
Asset management firm Capital Dynamics has struck a strategic partnership with Nebraskan independent power producer Tenaska to bring forward 4.8GW of solar in the Midwest and Southeast US.
BP has invested US$70 million in a green growth fund launched by EverSource Capital, an India-focused fund manager co-founded by BP-backed solar firm Lightsource BP.
Solar investor and asset owner NextEnergy Capital (NEC) has completed its first project acquisition in India as it lines up a flurry of investments in Q3 2020.
Governments should focus on mini-grids as a means to enabling access to reliable electricity for hundreds of millions of people that don’t yet have it and mini-grids using solar and batteries have matured as a technology class, but financing such projects remains problematic, a new report has found.
A bill which promises to revamp solar support frameworks and stimulate investment in grids in the US has cleared its first hurdle, passing the House of Representatives.
