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According to Alight, the portfolio facility is thought to be the first of its kind in the Nordics, with the first three projects already financed.

Development of the projects has already begun according to the companies, which have collaborated in the past.

Consisting of eight utility-scale PV projects, which will be located in the central and northern Italian regions of Lazio and Emilia Romagna.

One of the first projects to benefit from Sunly's securing the €300 million debt financing is a 244MW solar PV plant in Estonia.

The power purchase agreement consists of a portfolio of six solar PV projects located in the Italian regions of Lazio and Emilia Romagna.

Investment fund Quinbrook Infrastructure Partners and its subsidiary Primergy Solar have reached commercial operations at their 690MWac/966MWdc Gemini solar-plus-storage project in Nevada.

Enfinity Global secures US$164 million for 250MW projects in JP

Aggreko Energy Transition Solutions, a division of power generation equipment supplier Aggreko, has acquired US-based commercial and industrial solar company Infiniti Energy from private equity firm Upper Bay Infrastructure Partners.

The Vietnamese government has announced to allow direct PPA between independent power producers and large electricity consumers.

Renewable energy infrastructure investor Actis has launched a new independent power producer (IPP) company in Peru, seeking to develop 12GW of energy projects.