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Storegga introduced a ₤ 51.3 m funding increase on May 17 from a host of international backers. UK firms delighted in the confidence of international financiers depending on it to drive the transition to net zero.

Construction will now kick off at three PV sites as well as a 225MW storage facility in the Kenhardt region

Programmer Black Mountain Energy Storage (BMES) has marketed 700MW of development-stage projects to UBS Asset Management, its third substantial sale in the Texas ERCOT market in 2 months.

Natixis Corporate & Investment Banking (Natixis CIB) has actually led a US$ 360 million financing round for a Chilean PV portfolio consisting of more than 360MW.

US independent renewable resource supplier Terra-Gen LLC stated today it has actually shut a USD-959-million (EUR 963.4 m) financing for the 2nd phase of its Edwards Sanborn Solar Storage facility in California.

An Argentinian utility-scale PV project snapped up by Canadian Solar last year has started supplying power to the grid.

Sonnedix has marked the launch of construction works for a large-scale solar installation in Chile’s Atacama desert, with a view to power up the plant late next year.

India’s Maharashtra state has launched a process to procure a major slice of grid-linked solar power, pushing for low prices in line with earlier tenders this year.

Japanese developer Eurus Energy and Australian-headquartered wind developer Windlab have signed a deal with Kenyan authorities to develop an 80MW solar-plus-wind-plus-storage facility in central Kenya.

The Uzbek government last week opened a rooftop solar program which provides 30% of the initial costs for buying and installing a PV system, up to around $320 per project. Tax incentives are also available.

The government intends to build a 25 MW solar park in Sveti Nikole and a 10 MW facility in Makedonski Brod. The feed-in premium granted to the winning bids has been capped at €15/MWh.

Utility the Zimbabwe Electricity Distribution Company has actually used solar energy system-owning consumers the possibility to run under brand-new web metering regulations. The state-owned utility has actually additionally begun tendering for an overall 500 MW of solar generation capability, according to Reuters.

Designer 7C Solarparken has actually deployed a 729 kW floating system on a lake near Salzwedel. Power trader Next Kraftwerke will incorporate power produced at the site into its virtual nuclear power plant.

United States independent power producer (IPP) sPower has wrapped up financing for its biggest project to date after safeguarding a US$ 700 million construction/term car loan.

China's Yingli Solar is partnering with a variety of high-profile players in its domestic market to achieve mutually useful undertakings as well as promote the country's tidy energy market.