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Financial services giant Wells Fargo has turned to Shell Energy to procure around 150,000MWh of solar power under new power purchase agreements.

Renewables software firm Pexapark has raised €6 million (US$6.7 million) in Series B funding as seeks accelerate its growth through the coming years.

Recently name checked as among the cheapest places in the world to develop solar, Chile has emerged as a particularly popular destination for solar finance. But as the country proceeds towards a 100% renewables target, political instability and legacy network issues stand in its way. Molly Lempriere explores how Chile can leap those hurdles on its way to a green grid.

8minute Solar Energy has closed a US$225 million letter of credit facility with five major banks as it looks to power ahead with an 18GW pipeline of solar and storage projects in the US.

NextEnergy Capital (NEC) has entered into two separate ten-year power purchase agreements with Shell Energy North America for the power from two US-based solar farms.

Solar developers in Italy are tweaking financial models to circumvent delays to the signing of power purchase agreements.

NextEnergy Capital (NEC) has secured a “first-of-its-kind” debt financing from Santander as it continues its UK subsidy-free build-out.

Retail giant Amazon has unveiled plans for five further utility-scale solar plants, including its first in China.

Gemini Solar + Battery Storage Project, approved for construction by the US Department of Interior earlier this month, will be managed by a newly-launched subsidiary of investor Quinbrook Infrastructure Partners.

What intends to be Australia’s largest solar farm has edged one step closer to deployment after its developer Neoen clinched a major offtaker agreement.