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solar finance
Solar off to an ‘upbeat’ 2019 start amid record-high funding moves
April 9, 2019
Mercom: Funding announcements for large-scale double to US$5.68bn in first quarter compared to Q1 2018 while actual financing grows 10% to US$2.8bn.
Renewable rethink at Norway’s oil fund sets scene for allocation swell
April 8, 2019
US$1trn-plus financier has already shown appetite for solar manufacturers. Does the new aperture to unlisted infra herald a capital bonanza for downstream players?
BlackRock buys stake in owner of US$300m of small-scale PV
April 3, 2019
Investment management giant becomes shareholder at CleanCapital months after supporting the latter’s acquisition of a 46.9MW US solar portfolio.
Investors ready to pounce on subsidy-free solar momentum
March 28, 2019
LSS2019 special report: Top financiers bullish on European potential but apprehension around government intervention continues to loom over continent.
MoU signed for 2.6GW Mecca solar programme
March 25, 2019
Saudi Arabia’s Public Investment Fund and partners to deliver directly 2GW of the total pipeline, with plans to host a public tender for 600MW.
ADB, LEAP back Mongolian utility-scale PV with US$18.7m loan
March 20, 2019
Debt package to support Sermsang Khushig Khundii Solar Project plus 14-kilometre transmission line and upgrades to neighbouring substations.
Indian bank commits US$83 million to utility-scale solar in DRC
March 20, 2019
Credit line from Exim Bank to help build 35MW of PV capacity in the African country through three facilities in Karawa, Mbandaka and Lusambo.
Top finance names warn of scale of global green infra challenge
March 6, 2019
Land acquisition, corruption and short-termism complicate scaling up solar and others with the speed required by climate change, London event hears.
World Bank backs Bangladeshi PV through 310MW renewables push
March 4, 2019
Concessional loans of US$185 million to help build first 50MW of PV project and create privately-funded facility providing credits to PV developers.
African solar reaps lion’s share of latest GCF funding round
March 4, 2019
IPP support in Nigeria and small-scale PV in South Africa among schemes awarded funds as institution approves broader US$440 million allocation.
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