investment

Solarcentury and Dutch banking firm Rabobank have reached financial close on a €20 million (US$22.4 million) deal to support the development of two utility-scale solar farms in the Netherlands.

Amazon’s multi-billion-dollar Climate Pledge Fund will help support low carbon technologies including those in energy generation and storage.

Asian C&I solar specialist Cleantech Solar has secured a US$75 million loan to fund its expansion across Southeast Asia.

The PV industry continues to have frequent casualties in terms of PV module suppliers being able to carve out a long-term sustainable business model. This issue remains critical when suppliers are short-listed for large-scale solar sites, globally.

NextEnergy Capital (NEC) has entered into two separate ten-year power purchase agreements with Shell Energy North America for the power from two US-based solar farms.

NextEnergy Capital (NEC) has secured a “first-of-its-kind” debt financing from Santander as it continues its UK subsidy-free build-out.

Norwegian solar developer Scatec Solar has raised around US$200 million through a private placement, which it will use to pursue new project development.

Gemini Solar + Battery Storage Project, approved for construction by the US Department of Interior earlier this month, will be managed by a newly-launched subsidiary of investor Quinbrook Infrastructure Partners.

PV string inverter manufacturer Ginlong Solis Technologies is to double its manufacturing capacity to 20GW per annum via a US$100 million non-public offering to meet growing demand for its mainstream products and emerging solar-plus-storage product offering.

Investor KKR has picked up a 317MW portfolio of solar assets in India from Shapoorji Pallonji Infrastructure Capital (SP Infra) in a deal valued at US$204 million.