PV Tech understands that two solar projects by developer Hive Energy and financier Noy Fund will be deployed without PPAs, with plans to generate revenues via direct energy sales.
Lightsource BP has clinched a funding deal with London-headquartered bank NatWest to finance the development of its maiden Spanish solar projects.
The momentum behind subsidy-free, utility-scale solar developments in the UK has continued to gather, with new names and familiar faces alike demonstrating their commitment to the market.
EU production line of 5 to 10GW a year is possible and would help deliver the required 117GW-to-630GW capacity push, experts say as separate study touts PV’s job benefits for coal regions.
Flurry of deals in US southeast was among highlights as solar corporate procurement soared between 2018 (5.4GW) and 2019 (9.6GW), BloombergNEF analysts tell PV Tech.
Project in Sardinia (5MW) emerges as sole PV winner of 500MW auction dominated by wind power (495MW) but industry representatives believe solar future is subsidy-free.
Renewables, energy storage and grid assets are all being considered as top investor bags institutional backing for FEIP fund from the EIB and other investors.
Going subsidy-free with 5.4MWp Hall Farm II and 50MWp Staughton changed ‘everything’, executive says in interview held after firm reached raising milestone with first global fund.
PV Tech meets CEO Mike Bonte-Friedheim to discuss why the solar specialist is going global now and what it learned after deploying the UK’s self-styled largest subsidy-free project.
Development Bank leads US$37.8 million loan to Vietnamese firm TTC Energy for 50MW solar PV plant in Vietnam.
DOE wants to help the industry meet its Renewable Portfolio Standards (RPSs) through competitive auctions.
B. Grimm Power and Energy China to build 45MW FPV project at Thailand’s Sirindhorn Dam.
Manufacturer tells PV Tech of ambitions to triple annual shipments to the country within three years and stage a shift to bifacial to better serve utility-scale projects.
BNEF: American ITC rush and Spain’s subsidy-free shift help bolster 2019’s declining global solar finance figures, setting the scene for a boom of merchant and PPA-based PV this year.
World’s largest asset manager will make sustainability “integral” to its investment portfolios and divest from thermal coal by mid-2020, according to open letters by CEO Larry Fink.
145MW project planned on a West Java reservoir is the UAE energy giant’s first foray in Southeast Asia and significantly outsizes other floating PV ventures in the region.
Brussels’ new roadmap to pour one trillion euros into the sustainable economy should first support “already available” technologies such as PV, says industry body SolarPower Europe.
Spanish energy giant’s new venture in South Australia sees firm join the ranks of a number of international PV developers backing major hybrid projects down under.
Government tells PV Tech 700-800MW new solar tender is expected to launch in late March 2020 and will feature third bidding option for projects proposing energy storage element.
Mercom stats paint bright picture for corporate solar funding in 2019 but IRENA warns capital flows to broader renewables must more than double by 2030 to combat global heating.
Firm raises further US$118 million through NPIII’s second close and is eyeing a 2.5-3GW pipeline, telling PV Tech of plans to complete fundraising by year-end.
German EPC ib vogt has announced the sale and commencement of construction of a 180MWp solar farm near Badajoz in Spain, teeing itself up for a slew of other subsidy-free developments in Southern Europe.
Carbon neutrality, renewable target and PV rooftop pledges by new Conservative-Green alliance herald ‘solar decade’ of the 2020s, says EU PV body SolarPower Europe.