Helexia secures €60 million to expand solar projects in multiple countries
Helexia, a solar rooftop and PV carport specialist, has announced the completion of a €60 million ($67.1 million) incremental financing facility. The funds will support a portfolio of 290 solar rooftop and carport projects in Belgium, France, Hungary, Italy, Portugal and Spain.
Israeli developer secures €110 million for solar plants in Romania
Nofar Energy has obtained €110 million ($122.5 million) in financing from the European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International to build two solar projects in Romania with a combined capacity of 300 MW.
KGAL impact fund acquires first solar project in Czechia
KGAL’s latest green energy fund is acquiring its first solar asset in Czechia. The investment and asset manager says the 50 MW plant is due to connect to the grid in 2025.
Rodrigues and Curacao have PV lessons for us all
With the world’s islands already experiencing some of the worst effects of climate change, much could be learned from their ability to demonstrate the viability of 100% clean energy systems. Greening the Islands’ Gianni Chiannetta examines the case for two islands in the Caribbean Sea and Indian Ocean.
Denmark resumes subsidies for energy tech exports
The Danish authorities have reopened a subsidy pool to promote exports of Danish energy technologies, offering a total of DKK 9.3 million ($1.36 million). Applications for the fund, which targets public-private partnerships, will be accepted until Oct. 11.
Rinnai acquires Australian solar installer
Japan’s Rinnai Corp. has snapped up Smart Energy, a solar and battery systems supplier, to strengthen its presence in Australia’s renewable energy sector.
Can just-transition cash fire African renewables?
African governments are being encouraged to leave fossil fuels untapped in return for Just Energy Transition Plan (JETP) finance. Can these new financing plans from Western governments achieve their ambitious aims?
New bidding strategy for PV asset owners operating in spot market
Conceived by an international research team, the new bidding strategy applies to the day-after and the intraday markets. It uses a technique that transforms results from probabilistic models into actual scenarios. Their method showed its ability to yield increased revenues and reduced imbalance.
German PV and storage provider Bosswerk files for insolvency
The provisional insolvency administrator is focusing on restructuring and continuing business operations. Bosswerk has operated the Green Akku online shop since 2010, through which it sells photovoltaic systems and home storage systems.
Global PV investment to surpass $500 billion in 2024
The International Energy Agency projects that solar will attract more investment than all other electricity generation sources combined. Global energy spending is set to surpass $3 trillion for the first time this year.
