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IPP stands by its Q1 2020 power production forecasts and says it remains too early to predict any potential impact on solar project completion dates from the COVID-19 outbreak.

Strong PV growth was 'chief driver' of 24% rise in group-wide EBITDA between H1 2018 and H1 2019, says IPP as it notes this year’s European tender milestones.

Launch of construction works in South American desert should see US$180m project become commercially active by December 2020, IPP says.

Projects were originally to be joint ventures with the government.

State utility secures over US$20 million in funding to build complex in Kampong Chhnang province and will now tender for developers to deploy a 60MW first batch.

IPP hits 244MW capacity mark in European country after acquiring five solar car parks from Glennmont, an infra investor fast divesting PV assets.

The Alberta Investment Management Corporation (AIMCo) has completed the acquisition of over 90% ownership in Eolia Renovables de Inversiones through funds managed by Oaktree Capital Management. Financial terms of the transaction were not disclosed.

Saudi Arabia has launched the second round of its solar power tender programme with a request for proposals for 1.5GW of solar.

French energy giant ENGIE has signed power purchase agreements for two solar power plants in Senegal.

French developer and independent power producer (IPP) Neoen will look to raise in excess of €620 million when it floats on the Paris stock exchange.