European Investment Bank mulls shifting lending to batteries and market-based clean energy projects as part of policy reboot to help EU lead fight against climate change.
Firm walks PV Tech through rationale for smaller, merchant-exposed 50MWp Don Rodrigo 2 in Spain and why the firm is betting on Germany and Italy, but not Portugal.
Agreement between R.Power Group and mBank for latter to finance under-construction pipeline is touted as country’s largest bank-backed solar arrangement to date.
German group repeats PPA offtaker for 121MW project north of Andalusian city, while Spanish firm turns to Bankia, Bankinter to back 112MW trio in same province.
World Bank’s IFC, the EIB and Proparco pour €38 million into PPA-backed projects contracted last year at €0.0380-0.0398/kWh, paving way for construction.
The partnership will allow the regional developer to deploy 100MW of distributed solar annually in the US and expand its reach beyond the south-eastern US.
BlackRock took an 80% stake in the new company, Distributed Solar Development, in an undisclosed deal. The new business will design, build, own and operate distributed solar and storage solutions for industrial, commercial and public-service customers.
