solar

Firm launches US$100 million vehicle to help deploy clean energy ventures in support of Golden State farmers, particularly those hit by recent wildfires.

Trio of deals will see infra fund Marguerite take an 80% share in the projects, which have PPAs in place with Centrica.

Standard & Poor's (S&P) has lauded the early performance of the solar assets it rates, ultimately concluding that operational risk in solar is “more benign” than other renewable technologies.

Australia’s Clean Energy Finance Corporation (CEFC) has reached 1GW of solar capacity investments across 20 large-scale projects since 2013 with a total investment of AU$898 million (US$689 million).

Philippines-based commercial bank, BDO Unibank, has issued its first green bond investment for US$150 million to sole investor the International Finance Cooperation (IFC), to expand finance for private sector investments and to tackle climate change.

Altus Power America has increased its investment capital by US$150 million for large scale commercial, community and small utility scale solar projects.

Solar finance company PEG Africa has raised US$13.5 million for household solar systems in Ghana and the Ivory Coast, which is expected to reach up to 500,000 people.

US-based residential rooftop solar provider Vivint Solar has expanded its energy system offering into Pittsburgh, Pennsylvania.

More than 160 UK-based NGOs, public institutions and businesses – including major brands such as Sainsbury’s and IKEA – have come out in support of solar over proposed increases to rateable values.

UK-based renewable energy companies and associations have unanimously welcomed news that the government has set the fifth carbon budget at the recommended level, but warned of the work ahead needed to meet those targets.