French solar developers, financiers and utilities have said government plans to cut subsidies for PV project owners would lead to an “economic catastrophe” that could threaten the country’s energy transition.
A round-up of the latest news from the US solar sector, as NextEra Energy Partners builds its green energy portfolio, AEP Energy Partners seeks PPAs and stocks drop in the wake of election results.
A round-up of the latest news in solar project development, as R.Power receives financing for a 183MWp portfolio, BayWa r.e. sells another Spanish project and Sungrow secures a UK inverter supply deal.
Bilateral revolving credit facility of €55m from Intesa Sanpaolo will fund construction of 12 PV projects in Sicily, Apulia and Lazio, reportedly among country's first subsidy-free projects.
400MW solar plant features 300MW/1,200MWh battery storage system and marks the fourth solar collaboration between the Swiss asset manager and the Californian IPP.
The funding will go towards the development of four plants contracted to generate energy for Spanish oil giant Repsol and move the manufacturer-turned-developer closer to its aim of deploying 3GW by 2023.
The New York City firm, which specialises in funding solar and anaerobic digesters in the US, said it will use the funding from Newlight Partners, a Soros Fund spin-off, to support projects' pre-construction phase.
New incentive programme meant to help kingdom meet 60GW-by-2030 renewable target sees the light in the wake of Abqiaq drone strike and oil price uncertainty..
