Singapore-headquartered C&I rooftop PV specialist Cleantech Solar has received a US$50 million equity investment from climate-focused investment manager Climate Fund Managers (CFM) to support its growth from 200MW to 450MW solar capacity in Asia.
Macquarie Capital Korea, a subsidiary of investment firm Macquarie Group, has signed a memorandum of understanding (MoU) with the county office of Goesan in South Korea to finance a significant solar-plus-storage project, while it has also invested in what is said to be the largest energy storage project base in the country.
PV developer Lightsource BP has formed a joint venture (JV) with HA Utilities, an arm of Egyptian construction and engineering group Hassan Allam Holding (HAH), to develop utility-scale solar projects in Egypt.
Numerous professional sports leagues located across the US have become a fruitful sector for PV systems within the country, according to a recent report from the Solar Energy Industries Association (SEIA).
It now makes economic sense for most corporates in India to look for a cheaper source of power, particularly through renewable energy, according to a new report from The World Business Council for Sustainable Development (WBCSD).