investment

The United States Agency for International Development (USAID) has announced US$4 million in new investments for off-grid solar in Africa during the COP22 conference in Marrakesh, Morocco.

ACWA Power has closed financing on a 60MW project in Jordan.

Mosaic, the leading provider of solar loan financing for homeowners, announced the closing of a US$250 million warehouse facility with Deutsche Bank as the arranger and administrative agent. Along with recent upsizes to Mosaic's existing warehouse facility and a forward flow whole loan sale arrangement, this deal with provide Mosaic with US$550 million of new loan funding capacity.

More than 360 businesses and investors across more than 35 US states have called on President-elect Donald Trump to maintain the US’ commitment to carbon reduction and support investment in a low-carbon infrastructure.

The Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution, will provide US$74 million to Indian energy firm ReNew Power Ventures for a 100MW solar farm in the Indian state of Telangana.

The participation of venture capital (VC) investors seems to have cooled, while project funding has conversely seen a sharp rise, in the latest quarterly report into funding and mergers and acquisitions from Mercom Capital.

Tax equity has been hailed the ‘biggest hold back for the market so far’ according to Sunnova CEO John Berger, and other finance experts.

IDFC acquires 45MW India plants, Colorado Energy Office opens community solar array and Mato Grosso Do Sol ditches ICMS for solar self-consumption.

A coalition of finance experts spoke to PV Tech and revealed ways the industry can work to make the technology more widespread to those all-important conglomerate companies.

Financiers Connor, Clark & Lund Infrastructure and Samsung Renewable Energy have closed a CA$633 million solar bond financing for the 100MW Kingston Solar project in Canada.