EIB helps Palestine install 35 MW of rooftop solar with $18 million loan
The funds will be used to finance solar arrays on 500 schools across the West Bank and East Jerusalem.
Morocco opens 230 MW solar tender
The Moroccan agency for sustainable energy is pre-qualifying developers for the Noor Midelt II project, a solar complex incorporating CSP and PV elements.
EDF-led consortium wins Moroccan tender for 800 MW CSP-PV project with price of $0.070/kWh
The grouping, which includes UAE-based Masdar and Moroccan independent power producer Green of Africa, is planning to begin construction this year. The project is among those realized by the Moroccan Agency for Sustainable Energy, as part of the Noor Solar Plan to develop a minimum 2 GW of capacity by next year.
Oxford PV raises $41m to commercialize perovskite tech
Just three months after revealing that it had achieved a 28% conversion efficiency with its perovskite-silicon tandem solar cells, Oxford PV has closed the initial portion of a Series D funding round aimed at bringing its core technologies to market.
ReneSola looks to Hungary and Poland
French-backed institutional investor Eiffel Energy Transition Group will finance almost 100 MW of new solar capacity in the central European nations after signing a deal with the Chinese developer.
Sonnen receives €25 milllion financing from the European Investment Bank
The EIB said supporting the battery supplier will help Europe realize its clean energy targets. The funds are earmarked for the company’s European R&D, as well as stemming ‘operational burdens’ from its growth rate. Sonnen recently made headlines by opening a factory in Australia to supply its virtual power plant in Adelaide.
International investors provide $34 million for solar plant in Zambia
The Ngonye project proposed by Italian energy giant Enel Group and Zambia’s Industrial Development Corporation, will be financially underpinned by senior loans of up to $10 million from the International Finance Corporation, up to $12 million from IFC-Canada Climate Change Program and up to $11.75 million from the European Investment Bank.
EIB may finance 300 MW “unsubsidized” PV project in Spain
After securing a financial hedge for its Talasol solar plant in January, Israeli solar company Ellomay has now entered agreement with Deutsche Bank for the structuring of non-recourse senior debt financing for the project.
Siemens backs Northvolt’s Swedish battery factory plan with €10m
The German group has joined the project as a technology partner, and brings €10 million. Siemens will conduct digitalization of the value chain for Northvolt production and will be supplied with the factory’s products
Few answers for UK solar as Brexit negotiations drag on
As the second anniversary of Britain’s vote to leave the EU approaches, the nature of the UK’s future energy relationship with the bloc is still very much unclear
