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Distributed Solar Development (DSD), a business backed by BlackRock Real Assets’ Global Renewable Power platform and GE Renewable Energy, has closed on a US$250 million fund financed by Morgan Stanley, Silicon Valley Bank and Fifth Third Bank that will be utilised to fund a portfolio of distributed generation projects through 2020.

Independent power producer (IPP) Cypress Creek Renewables has actually closed a US$ 125 million debt facility to fund the expansion of its solar and storage space pipe.

US renewable energy plants designer as well as operator Cypress Creek Renewables has shut a USD-216-million (EUR 218m) financial debt funding deal for its 208-MW Zier solar park with battery storage in Texas and also introduced the begin of building and construction activities.

Vena Energy has obtained JPY-16.9-billion financing for its 53-MW Kasama solar project in Ibaraki, Japan. The project will provide clean energy to over 14,000 households annually, as part of the company's 2.7 GW operational portfolio.

Sonnedix secures JPY-5.29-billion refinancing for 18 MW solar capacity in Japan, showcasing commitment to global asset optimization and growth in Japanese solar market.

Spanish utility group Iberdrola SA (BME: IBE) said on Tuesday that it has actually signed an agreement to offer a 49% stake in its 1,265-MW wind as well as solar portfolio in Spain to Norges Bank Investment Management (NBIM), the supervisor of Norway's sovereign wealth fund.

Alten expects to bring PV project online in the spring

Renalfa IPP's Tenevo solar park powers Bulgaria with 69 MW, aiming for 238 MW by 2026, cutting 250,000 tonnes of CO2 annually with EBRD and Raiffeisen support.

Banks including ADB as well as EBRD are providing financing for the Sherabad, Samarkand as well as Jizzakh projects

The Norwegian solar project designer and nuclear power plant driver Scatec and its local pakistani partner Nizam Energy have closed financing for the 150 MW "Sukkur" solar energy project with an overall financial investment of concerning $100 million.

Saudi renewables programmer ACWA Power has commenced building and construction of the 100-MW Redstone focusing solar power (CSP) plant in South Africa after attaining monetary close for the project.

Clenera LLC, a subsidiary of Israeli renewables developer Enlight Renewable Energy Ltd, announced their 105-MW DC Apex Solar project in Montana is now online. Producing enough energy to cover 13,500 households, it is the first joint project between Clenera and Enlight, financed by Bank of America, NORD/LB, and Huntington National Bank. Clenera is developing more projects in Montana.

SB Energy Global secures $2.4bn to finance 1.3GW US solar projects, creating good-paying jobs and driving clean energy deployment. Domestic content adder provisions in the Inflation Reduction Act fuel US manufacturing.

Matrix Renewables energised its California-located Gaskell West 2 as well as 3 solar parks amounting to 143 MW DC and also finished the funding components for both projects.

Leeward Renewable Energy secures $1.25 billion to power up US with wind, solar, and battery storage, aiming for a greener future by 2025.