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South African investment firm STANLIB has acquired a 51% stake in energy solutions provider Solareff Ltd and its electric vehicle charging infrastructure subsidiary GridCars, committing to fund ZAR 600 million in capex-free energy solutions. This move seeks to make a social and economic impact in South Africa.

Vietnamese advocates of solar power have begun a "Million Green Homes" project, aimed at spreading the use of solar power in the country instead of coal and other fossil fuels.

Solar Mosaic files for Chapter 11, aims to restructure amid market challenges, backed by Warburg Pincus, with plans to stay operational and explore asset sales.

China has exposed its preliminary subsidy limits for existing renewables projects in 2022, nevertheless it remains to be seen whether the financing is to be topped up.

Africa-focused independent power producer (IPP) Globeleq said today it has finalised a senior debt restructuring deal for its majority-owned 31-MW Soutpan solar park in South Africa's Limpopo Province.

Capitalist obtained the project co-located with a 25MW storage space website for ₤ 5m.

Voltalia SA to build 130-MW solar park in Tunisia, powering over 700,000 people. CEO Clerc praises country's renewable energy potential and commitment to sustainable future.

JBM Solar Projects is to build a brand-new 50MW solar ranch with battery storage at a site near Swindon.

Soltec and CIP have joined forces to drive the green transition in Denmark, selling 850 MW of early-stage solar projects to CIP's Energy Transition Fund I. The projects span Denmark, with most located in the Jutland region, allowing both parties to participate in the booming Power-to-X industry.

Edify Energy has been granted federal approval for a 600-MW solar project in Queensland, providing enough energy to power 200,000 homes and up to 350 jobs. Project funding is now being sought before construction can begin with strict environment conditions in place to protect the natural landscape.

Spanish power company and also pulp manufacturer Ence is selling a portfolio of five solar PV properties in southerly Spain to energy Naturgy.

Canada's federal government has announced a C$160-million grant to fund nine solar projects in Alberta, creating employment, reducing emissions, and providing energy for 12,000 homes. Indigenous, farming and energy industry partners come together to promote harmony and collaboration with SREPs program.

NextEnergy Solar Fund's (NESF) overall set up capability currently stands at 895MW, with the company remaining to focus on long-lasting corporate power acquisition arrangements (PPAs).

Awendio Solaris eyes C$1B Montreal solar factory with R&D hub, 2.5 GW capacity, powered by cheap Hydro-Quebec. Financing, government aid and partnerships in motion amid grid constraints.

Government of Bangladesh is dissatisfied by slow development of a number of photovoltaic projects and is establishing new power tariffs associated with solar production cost reduction.