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The L&G NTR Clean Power (Europe) Fund managed by Legal & General Investment Management (LGIM) and also Dublin-based renewables investor NTR has acquired 3 pre-operational solar projects with a combined capacity of 115 MWp in Spain, it was announced today.

Power Capital Renewable Energy (PCRE) has actually clinched a deal that will provide it with as much as EUR 240 million (USD 259.9 m) in equity to bankroll the construction of a 1.2-GW solar project portfolio with targeted commissioning by 2025.

Project expected to be commissioned in the 3rd quarter of this year

Released in May 2020, the IEA's World Energy Investment 2020 pointed to a record downturn in international power financial investment. This write-up offers an upgrade to those figures based on extra recent analysis, showing that capital expenditures throughout the energy market are anticipated to fall by 18% this year to $1.5 trillion.

The office of the U.S. Trade Representative has removed the exemption of bifacial products from Section 201 tariffs, effective October 28.

The rising solar appetites of global investors so far in 2019 have put the industry on course to reach full-year financing volumes unseen since 2017, according to Mercom.

The affordable public financing packages on offer for solar rooftops are attracting developers who have clients happy to lease out roofspace without any capital outlay in order to secure cheaper power.

Corporations are buying up batteries and investing in their companies like it’s going out of style.

The GCL System chief executive made comments that fly in the face of an expected solar gold rush in China that analysts predict will start this month. Though rising overseas demand will address overcapacity fears, according to Luo, the soundbite is sure to chill PV boardrooms across the world’s biggest solar market.

SolRiver Capital has actually introduced that it has actually shut an equity dedication from Rockland Capital to get as much as USD 200 countless solar projects.

A round-up of the current information from the solar project growth as well as money sub-sectors, consisting of news from Canadian Solar, Capital Dynamics and also Huawei.

Enstall's acquisition of Schletter Group amplifies its solar offerings, integrating innovative mounting solutions and enhancing global service capabilities for a sustainable future.

European Energy A/S boosts its US strategy with a major solar project sale, optimizing its portfolio for global renewable growth.

PosiGen’s Chapter 11 spotlights fragile lease-based, low-income solar as tax-credit shifts gut revenue; the firm vows to operate through restructuring amid a reshaping residential incentive landscape.

Flow Power cut its 100‑MW Australian solar plans, showing how fast renewables economics shift. Grid limits, curtailment, higher costs, and volatile prices are pushing developers toward solar‑plus‑storage.