Investors from Solarcentury and Actis imparted wisdom on how to manage the risks and reap the benefits of African PV at Solar Media’s Solar Finance & Investment Europe event.
Doubt has been cast on the International Finance Corporation’s (IFC) ‘Scaling Solar’ programme after a panel of investors revealed it could be fostering a race to the bottom for unrealistic tariffs, diverting focus from essential bankability.
Developer and asset manager Longroad Energy Holdings has acquired a 3GW US-based solar development portfolio from Austin-based renewables firm 7X Energy.
Vice President and Prime Minister of the United Arab Emirates Sheikh Mohammed bin Rashid Al Maktoum announced the UAE’s new energy strategy for the next 30 years.
Independent solar power producer Sonnedix announced Friday that it has signed off on a deal to acquire the 136MW Vela PV portfolio from Centerbridge Partners — with the pipeline comprised of 43 operating and financed solar projects in Spain.
The 365MW UK solar portfolio owned by SunEdison yieldco TerraForm Power has been sold to Vortex, a European renewables investment platform of private equity firm EFG Hermes.
Two major financing institutions are providing parallel loans totalling US$71 million to Jordan-based firm Al Ambaratouria LL Taka Al Shamsia, which is owned by Fotowatio Renewable Ventures (FRV), to construct a 67MW solar project.
Finland-based private investment bank Evli Bank, through its subsidiary Evli Alternative Investments has acquired Nordic Shine to boost the deployment of solar in Finland.
