investment

Dubai Electricity and Water Authority (DEWA) and a consortium led by Saudi Arabia’s ACWA Power and Chinese government-owned Silk Road Fund, have achieved financial close on the 950MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park.

The investment is to help Vineet Mittal's company rapidly scale up its PV capacity in India.

ACWA Power continues its success in the Gulf with a victory in Oman.

Latest funding adds Goldwind as a major backer of the UK perovskite firm.

Macquarie’s Green Investment Group and Univergy International are to collaborate through a new business entity, Nara Solar to build over 700MW of PV projects in Spain, France and the Netherlands.

A new listed-fund in the UK will float next month with the intention of raising finance for US solar projects.

PV wet chemical processing equipment supplier RENA Technologies has been acquired by private equity firm, Equistone Partners Europe for an undisclosed sum.

China could re-instate its solar subsidies for certain projects after officials opened discussions with the industry.

IFC, ADB anchor green bond structure meant to fund 5GW-by-2025 renewable goal of Philippines player, with PV plants under construction in Vietnam.

Octopus survey finds grid-scale plants are most sought-after asset class for institutional financiers, with Australian names the most enthusiastic.