The cost of generating energy from utility-scale solar and wind continues to decline and maintain competitiveness with the marginal cost existing fossil fuel-powered plants.
Corporate solar funding fell by 25% year-on-year to US$4.5 billion in the first half of 2020, but the decline could have been much starker, new analysis by Mercom Capital has found.
Copenhagen Infrastructure Partners has already raised €1.5bn of €10-14bn CI IV vehicle, set to back wind, solar and others across OECD states, developed Asian nations and Australia.
Self-styled ‘largest solar transaction’ in country’s history will see developer fully exit 130-strong fleet of small-scale plants to Aberdeen Standard Investments (ASI)
Global body joins campaign for green COVID-19 rebound, amid warnings that solar, wind pipeline for 2020-2030 falls short of what was already achieved in 2010-2019.
Utility enlists telecoms giant Telefónica for 10-year deal while asset manager lines up bond package from UK-based investor Pension Insurance Corporation.
President signs decree setting out use of green debentures to unlock multi-gigawatt boost to renewables, stung by auction postponements brought about by COVID-19.
Our new weekly series shifts the lens from immediate impacts to the green new tomorrow currently taking shape, and solar’s central role in it, starting with news from the week commencing 1 June 2020.
US$245m upsizing of existing facility and US$300m new package from Brookfield bring debt injection to firm bracing last month for quarterly installs to drop to levels unseen since 2017.
IRENA finds world could save US$23bn per year if it replaced costly coal with cheaper solar and wind while Imperial College-IEA conclude green energy plays make more money at lower risk.
