GCL New Energy Holdings (GNE), the downstream independent PV power producer arm of leading polysilicon and solar wafer producer GCL-Poly Energy Holdings, has secured a HK$8,000 million (US$1.02 billion) in new finance.
A 337MW PV portfolio in Mexico has reached financial close, according to Mexico’s Secretariat of Energy (SENER).
UK based firm, VINCI Energies has won a €26.9 million contract to build eight PV power plants in Senegal with a combined capacity of 17MW.
ERG Power Generation, subsidiary of ERG, has signed off on an agreement with VEI Green to acquire 100% of ForVei — a joint venture between VEI Green and Foresight.
The German Development Bank (KfW) and the African Trade Insurance Agency (ATI) have set up a new credit facility instrument built to support renewable energy projects in sub-Saharan Africa that targets small- and mid-scale renewable energy projects (up to 50MW).
‘Silicon Module Super League’ (SMSL) member Canadian Solar has secured US$66.0 million in project financing in its second green project bond placement with Goldman Sachs Japan.
Green bond issuance in 2017 has surpassed the US$100 billion milestone, marking a new record, according to Climate Bonds Initiative (CBI) data.
Hive Energy has confirmed it is the developer behind ambitious plans for a huge solar farm on the north Kent coast, UK, which could have a final generation capacity in excess of 350MW.
Solarcentury and Hamburg-based renewables funder Capital Stage have announced a “major partnership” which will aid the former’s expansion into European markets and Mexico.
The International Finance Corporation (IFC) has finalised a US$653 million debt package for 13 solar projects at the Benban Solar Park, near Aswan in Egypt.
Foresight Solar Fund has announced a fresh placing programme in a bid to raise £75 million to pursue new solar investment in Australia as well as further opportunities in the UK.
Solar finance company PEG Africa has raised US$13.5 million for household solar systems in Ghana and the Ivory Coast, which is expected to reach up to 500,000 people.
US residential solar PV and energy storage installer Sunrun has secured a US$244.5 million of senior secured credit facilities from a syndicate of lenders for future growth.
Brazilian bank Banco do Nordeste announced that it will provide financing for a portfolio of PV projects in Brazil that boast a combined generation capacity of 482MW.
A new report from the Climate Bonds Initiative noted that the Brazilian green bonds market has now reached US$3.67 billion.