Independent infrastructure and private equity manager Foresight Group has acquired a 25MW solar farm in Queensland, Australia, from Elecnor Australia, a subsidiary of Spain-based energy firm Elecnor.
Investors from Solarcentury and Actis imparted wisdom on how to manage the risks and reap the benefits of African PV at Solar Media’s Solar Finance & Investment Europe event.
Doubt has been cast on the International Finance Corporation’s (IFC) ‘Scaling Solar’ programme after a panel of investors revealed it could be fostering a race to the bottom for unrealistic tariffs, diverting focus from essential bankability.
Developer and asset manager Longroad Energy Holdings has acquired a 3GW US-based solar development portfolio from Austin-based renewables firm 7X Energy.
Solar deployment grew to a record 70GW worldwide last year, according to Bloomberg New Energy Finance (BNEF) estimates, despite a decline in overall clean energy investment.
Vice President and Prime Minister of the United Arab Emirates Sheikh Mohammed bin Rashid Al Maktoum announced the UAE’s new energy strategy for the next 30 years.
The 365MW UK solar portfolio owned by SunEdison yieldco TerraForm Power has been sold to Vortex, a European renewables investment platform of private equity firm EFG Hermes.
Two major financing institutions are providing parallel loans totalling US$71 million to Jordan-based firm Al Ambaratouria LL Taka Al Shamsia, which is owned by Fotowatio Renewable Ventures (FRV), to construct a 67MW solar project.
Finland-based private investment bank Evli Bank, through its subsidiary Evli Alternative Investments has acquired Nordic Shine to boost the deployment of solar in Finland.
An open fund for solar energy and energy storage in various emerging markets has been launched by Franck Constant, the co-founder of Sonnedix Group and director of Sithe Pacific, PV Tech can reveal.
