There are 'few signs' industry majors are investing in renewables at the scale required by climate change, global body says in warnings aimed at wealthy Davos attendees.
Brussels’ new roadmap to pour one trillion euros into the sustainable economy should first support “already available” technologies such as PV, says industry body SolarPower Europe.
Mercom stats paint bright picture for corporate solar funding in 2019 but IRENA warns capital flows to broader renewables must more than double by 2030 to combat global heating.
Trillions-worth giant lays out new opportunity areas for its third investment vehicle for global renewables, which has taken just months to raise US$1bn of a US$2.5bn final target.
European Investment Bank approves support to 218MW PV portfolio in Spain after drawing global headlines with vote to end funding to unabated coal, gas and others by 2021.
Injection of US$71m by group of financiers brings boost to project under construction in Atacama Desert, the largest ever to be undertaken by Madrid-headquartered developer.
UAE firm unveils construction timeline as it signs PPA for 100MW solar project in Navoiy region, which it was contracted to develop after tabling bid of US$0.027/kWh earlier this year.
Costs have tumbled to such an extent that new-build LCOEs are catching up with marginal costs of non-renewables, says firm in update that finds storage is too becoming more competitive.
Hevel bags EDB loan, Azure raises from Canadian shareholder, Grenergy in green bond debut, Mirova backs Corsican solar-plus-storage specialist.
Complexity and costs may deter corporates from choosing avenue key to developers, lawyers Andrew Hedges, Caileen Kateri Gamache and Lee Donovan write in latest PV Tech Power issue.
GCF backs US$537m scheme to lower credit barriers for solar (280MW) and wind (50MW) IPPs in African country, in year when Eskom’s woes have cast doubts over state-offtaker route.
Mercom: Rising allocations from debt players, private equity, venture capital and public markets helped global industry raise US$9bn between January and June 2019.
Maturation of solar asset class into subsidy-free venture in some markets could see industry become better fit with utilities comfortable with power price swings, firm says.
New incentive programme meant to help kingdom meet 60GW-by-2030 renewable target sees the light in the wake of Abqiaq drone strike and oil price uncertainty..
The fresh funding wraps up a summer of global expansion for the Norwegian firm, with utility-scale projects switched on in Ukraine, Egypt, Mozambique and Malaysia.