Starlight, the renewables development unit of solar investor and asset manager NextEnergy Group, is progressing with an 87MWp agrivoltaics project in Italy that will be co-located with a 23MW battery energy storage system.
NextEnergy Capital’s (NEC) recent US$896 million raise will allow it to move into less mature solar markets and upgrade its existing solar fleet, says its UK MD in an exclusive interview with PV Tech Premium.
Solar investor and asset manager NextEnergy Group has launched a new renewables development division that will aim to develop 5GW of projects within three years.
Solar investor NextEnergy Capital (NEC) has raised US$896 million in its latest fundraising round that is targeting 2.5GW of final installed capacity in OECD countries, such as the US, Portugal, Spain, Chile and Poland.
In this project round-up, NextEnergy makes acquisitions in Portugal and Chile and BayWa r.e. sells two solar sites in Malaysia to local power producer reNIKOLA Sdn Bhd.
The continued growth of the secondary solar market on a pan-European scale will result in “exciting times” for the sector, but big utilities are unlikely to stay on the sidelines.
