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Global corporate financing for solar projects in the very first fifty percent of 2020 was US$ 4.5 billion, a 25% decline year-over-year, according to a report from Mercom Capital Group.

Mozambique-based coal driver Ncondezi Energy has actually revealed a joint endeavor (JV) with South African-based NESA to target South Africa's C&I solar as well as storage space markets

Developer closes EUR400m facility with CarVal Investors

UK designer Elgin Energy is targeting 5GW of solar-plus-storage throughout its core markets by 2025 after finishing a ₤ 25 million (US$ 33.3 million) fundraising round.

The 10 MW facility is located in Tozeur, in southern Tunisia. The project was also financed by the German development bank KFW under Tunisia’s solar program Plan Solaire Tunisien (PST).

Independent power producer (IPP) Cypress Creek Renewables has hired Jeffrey Meigel as its new chief investment officer (CIO).

Primergy refinances Gemini, America’s largest single-phase solar-plus-storage: $600M notes, $160M LOC, backed by 25-year PPA and 10-year PTC, powering 690 MWac solar with 380 MWac batteries.

The new generation capacity comes from three 50 MW solar projects Spanish energy company Naturgy secured in an auction by the Spanish government in 2017. The installations are near Ciudad Real, in the central-southern region of Castilla-La Mancha.

The US Department of Energy (DOE) has awarded USD 3.2 million (EUR 3m) to Solar MEAD, a project aimed at replacing fossil fuels with focused solar thermal (CST) energy in cement clinker production.

Scientists at Saudi Arabia's King Abdullah University of Science and also Technology (KAUST) have actually established a perovskite/silicon tandem solar cell with the world's highest possible power conversion effectiveness (PCE) of 33.2%, according to an announcement on Monday.

Dimension Renewable has secured financing of USD 237 million to construct 28 distributed generation solar projects across the US. The projects, with a total capacity of 120-MW DC, will provide power to over 12,000 households, with more than half being low-to-moderate income households, by 2021.

The Chattisgarh Commission has issued a draft order with the generic levelised tariffs for FY 2019-20 & 2020-21 for renewable energy sources like solar.

Solar and also storage space developer Elgin Energy has elevated ₤ 25 million, as well as will target an enthusiastic medium-term development technique.

Major products science company, Royal DSM has actually sold its Resins & Functional Materials (RFM) organizations including the finishings activities of DSM Advanced Solar, known for its anti-reflective (AR) material layers for solar glass as well as on-field PV power plant updating, to rival Covestro AG for a cash sum of around EUR1.4 billion.

Enel X Romania, part of Italian power group Enel, claimed on Friday that it has installed photovoltaic systems able to produce 445 MWh of energy annually each at two warehouses of Penny chain of discount supermarkets.