Deal to sell 74% stake to Mumbai-based financial services group Edelweiss will pave way for ‘partnership’ where Engie will continue running solar assets on buyer’s behalf.
There are 'few signs' industry majors are investing in renewables at the scale required by climate change, global body says in warnings aimed at wealthy Davos attendees.
Mercom stats paint bright picture for corporate solar funding in 2019 but IRENA warns capital flows to broader renewables must more than double by 2030 to combat global heating.
Trillions-worth giant lays out new opportunity areas for its third investment vehicle for global renewables, which has taken just months to raise US$1bn of a US$2.5bn final target.
European Investment Bank approves support to 218MW PV portfolio in Spain after drawing global headlines with vote to end funding to unabated coal, gas and others by 2021.
Injection of US$71m by group of financiers brings boost to project under construction in Atacama Desert, the largest ever to be undertaken by Madrid-headquartered developer.
UAE firm unveils construction timeline as it signs PPA for 100MW solar project in Navoiy region, which it was contracted to develop after tabling bid of US$0.027/kWh earlier this year.
Costs have tumbled to such an extent that new-build LCOEs are catching up with marginal costs of non-renewables, says firm in update that finds storage is too becoming more competitive.
