investment

Despite an aggressive rollback of climate and renewable energy regulations and initiatives, the solar investment tax credit (ITC) should remain safe from Trump’s reach, finance experts have said.

Investors from Solarcentury and Actis imparted wisdom on how to manage the risks and reap the benefits of African PV at Solar Media’s Solar Finance & Investment Europe event.

San Diego, California-based residential solar company OneRoof continues to wind down US operations, this time with a default under its head office lease.

Canada's SunCommon partners with Sustainable Energy Developments to provide residential, commercial and community solar in New York, Silicon Ranch closes a US$55 million equity fund, and new solar projects are completed in California and Arizona.

Abu Dhabi-based renewables firm Masdar has selected the International Finance Corporation (IFC) to oversee funding of Jordan’s largest solar plant, standing at 200MW.

Renewable energy management platform QOS Energy has raised €3 million from two independent equity investors.

Solar product distributor d.light has raised another US$10.5 million, bringing its total to US$40 million in four months for off-grid ventures in Africa and Asia.

New York governor Andrew Cuomo announced US$360 million in funding for 11 large-scale renewable energy projects in the state, last week.

Vice President and Prime Minister of the United Arab Emirates Sheikh Mohammed bin Rashid Al Maktoum announced the UAE’s new energy strategy for the next 30 years.

China is set to up the ante on renewables in its new ‘Five-Year Plan’ that will see a total investment of US$360 billion (RMB2.5 trillion) by 2020.