Investment firm Exus has acquired 100% of the shares of Riacho da Serra Energia, and the project-related assets, from Decal Renewables and Upside Value.
Corporate funding in the global solar sector in the first half of 2022 was down 11% year-on-year as activity dropped especially during Q2, according to research from Mercom Capital Group.
Solar developer Procon Solar GmbH has sold a 400MW PV project pipeline to German energy company EnBW, with the potential for this to double over the next year as EnBW targets 50% of renewables in its generation mix by 2025.
Total corporate funding of solar fell by 7% year-on-year to US$7.5 billion in Q1 2022, with Mercom Capital warning of “significant headwinds” that could slow momentum considerably.
Chilean PV developer Verano Energy has acquired 15 solar projects in Chile totally 116MW for an undisclosed amount, bringing its total project pipeline in the country to over 1.5GW.
