Estonian independent power producer (IPP) Sunly has secured €65.9 million (US$71 million) towards the development and construction of 98MW worth of solar PV projects in Poland.
The European Bank for Reconstruction and Development (EBRD) has backed a €25 million (US$27 million) investment into a 112.5MW solar PV project in north-eastern Bulgaria.
Tyr Energy Development Renewables (TED), a US-based renewable energy subsidiary of Japanese “sogo shosha” trading company Itochu corporation, has completed development of 333MW worth of solar PV in the US.
Independent power producer (IPP) Sonnedix has secured a €260 million (US$279 million) green loan to finance the acquisition and construction of renewable energy projects in Italy.
The combination of strict land legislation, elaborate permitting and a fiercely competitive solar developer market trying to meet ambitious PV deployment targets is causing issues for the French solar market.
