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Australia's renewable energy change has actually prompted the building and construction of dozens of large-scale solar farms. The boom helps reduce Australia's reliance on fossil fuels, however requires large areas of land to be converted to host solar infrastructure.

Danish renewables developer European Energy A/S on Thursday started an offering of EUR 75 million (USD 74.9 m) well worth of elderly green bonds, seeking to raise fresh funds for its renewable energy projects.

In this category, we are collecting all the top financial news from the solar market: selling prices and production costs, project sponsoring and investing,

Goldbeck Solar achieved financial close on EUR-13-million debt facility to construct 33.3 MWp solar projects in the Netherlands. Construction of two parks currently underway in Rilland with funding from Triodos Bank and overall investment of EUR 26 million. Goldbeck Solar has installed 2 GWp of PV capacity since 2001.

LEAG's Boxberg solar park is set to provide 26 GWh/year of clean energy to eastern Germany. With partner EP New Energies, LEAG is part of the Gigawatt Factory initiative investing EUR 10 billion to add renewable energy to the region by 2030. Don't miss the construction of this 24.8 MWp solar park!

The Asian Development Bank-backed procurement round attracted 26 bidders for the 60 MW project, according to the development lender. The ADB says the low price secured will persuade neighboring governments to embrace auctions.

Researchers discover liquid crystals' temperature-responsive properties, improving efficiency of perovskite solar cells by 22% and paving the way for larger-scale renewable energy generation.

Solar and storage developer 7X Energy has spent more than US$100 million to stockpile 2GWac of Power Electronics inverters in order to take advantage of the full investment tax credit (ITC) before it starts to taper next year.

British oil and also gas major BP Plc (LON: BP) has actually clinched a deal to buy a 40.5% stake in the 26-GW Asian Renewable Energy Hub (AREH) project in Pilbara, Western Australia, as well as will become its driver, it said today.

Through the procurement exercise, the Ecuadorian government will select wind, solar and mini hydropower projects. Selected developers will be granted a 25-year PPA, while the sole off-taker of the generated energy will be state-owned utility Corporacion Electrica de Ecuador, S.A. (CELEC).

Energy developer Pattern Energy confirmed on Tuesday that it is courting potential takeover suitors, but that so far no agreement or arrangement had been reached.

Colombian oil significant Ecopetrol SA (NYSE: EC) on Friday announced the commissioning of a 26-MWp solar farm in Huila, a self-supply project developed to power its oil fields in the southern Colombia department.

Lynher Energy has actually obtained a 26.1-MW solar project in Shropshire in the West Midlands area of England from Low Carbon Alliance Ltd and proprietor Cheswell Grange, it was revealed today.

Spanish renewable power and gas distributor Audax Renovables SA (BME: ADX) has actually started construction of five solar farms in Guadalajara province, Spain, to install a total of 25.99 MWp across the projects.

BlackRock's $500 million investment in Canadian Solar's Recurrent Energy unit will boost renewable power and energy storage projects in the US and Europe, aligning with BlackRock's alternative asset ambitions. Canadian Solar shares surged 21% on the news.