The Clean Energy Innovation Fund, supported by Australia's Clean Energy Finance Corporation (CEFC), and Right Click Capital have invested US$7 million into Australian start-up Redback Technologies, whose system uses machine learning to predict solar generation and customer usage.
Just after UK-based Foresight Solar Fund bought a 48.5% stake in the Bannerton solar plant in Victoria, the Clean Energy Finance Corporation (CEFC) has announced AU$98 million in debt finance for the project.
Mobisol has secured funding from Finnfund for its East Africa expansion, CEFC's investment commitments more than doubled last fiscal year, Acciona is supplying renewable energy to Latin America's largest retail store chain, Sungrow has supplied inverters and an energy storage system to the Bahamas.
The Clean Energy Finance Corporation (CEFC) announced Monday that it has committed approximately US$44.5 million in financing to RATCH-Australia Corporation — which the company will use to redevelop a disused coal-fired power station in Collinsville, Queensland, as a 42.5MW solar farm.
This week's Movers & Shakers features new CEOs and the inauguration of new international offices. Sunworks and the Australian CEFC both welcome new CEOs and Enel Green Power North America opens its new office in Massachusetts, with Array Technologies expanding Down Under.
Financial services group FlexiGroup, whose subsidiary Certegy Ezi-Pay finances rooftop solar, has issued a AU$50 million (US$38 million) climate bond, which has been certified by the global Climate Bonds Initiative (CBI).
Australia’s Clean Energy Finance Corporation (CEFC), responsible for driving investment in the clean energy sector, has invested a record AU$837 million (US$637 million) in 2015/16, up 73% from the prior year, but renewables project investment decreased.
This week's Movers & Shakers features some of the US' biggest integrated solar companies, including Vivint Solar, First Solar and Sungevity. PV Tech also reports on management shuffles in Australia and speaks with new SunShot Initiative director Charlie Gay on what is driving US solar's success.