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investment
AXIAN secures US$89.2 million in finance for Kolda solar-plus-storage plant in Senegal
November 13, 2024
The EAAIF, FMO and DEG have invested €84 million (US$89.2 million) into AXIAN Energy’s Kolda solar-plus-storage portfolio in Senegal.
IRENA: Solar PV is the only technology on track to meet 2030 investment targets
October 14, 2024
The world will need to invest US$1.5 trillion per year until 2030 to meet the target of tripling clean power capacity by 2030.
Canada invests US$363 million in SREPs programme to aid grid resilience and clean power installations
October 11, 2024
Canada has announced up to C$500 million in finance for the country’s Smart Renewables and Electrification Pathways (SREPs) programme.
Report: 660 million will lack electricity access by 2030, off-grid solar could provide power for 398 million
October 8, 2024
Investment in off-grid solar will be essential to provide electricity to 398 million people who are expected to be in energy poverty by 2030.
Premium
Bringing solar availability assumptions back down to earth: the case for adjusting to 97%
September 30, 2024
PV modelling relies on the assumption of 99% availability for forecasting, but the adoption of a more realistic metric would improve finances.
Monarch and Invenergy invest US$170 million in phase two of Samson Solar Energy Center
September 17, 2024
Monarch Private Capital and Invenergy have closed US$170 million in financing for the second phase of its Samson Solar Energy Center.
McKinsey: US and Europe need nearly 200GW of new clean energy deployments
August 27, 2024
Europe and the US could need to announce close to 200GW of new clean energy capacity by 2030 to meet the world’s energy transition goals.
BloombergNEF: Australia needs 290GW solar PV and wind by 2050 for net zero
August 20, 2024
Analyst firm BloombergNEF has cautioned that Australia requires around A$2.4 trillion (US$1.6 trillion) investment to reach net zero, with solar PV and wind installations to reach 290GW by 2050.
Tongwei plans to acquire controlling interest in Runergy
August 14, 2024
Chinese PV manufacturer Tongwei has announced plans to obtain a controlling interest in fellow Chinese company Runergy.
NextEnergy Capital fund acquires 248MW Spanish solar portfolio
August 13, 2024
NextPower V ESG (NPV ESG), an international fund operated by NextEnergy Capital (NEC), has acquired a 248MW Spanish solar PV portfolio.
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