A group led by the Singapore-based lender has revealed plans to finance a 30 MW solar project in northwestern Peninsular Malaysia. The companies did not disclose additional details about the financing package.

The Portuguese government has approved legislative amendments that it says will facilitate its plans to auction off 1.35 GW of solar capacity this summer. The Portuguese energy minister, meanwhile, said that the government hopes to see €6 billion of investment in solar by 2030.

Spain’s Holaluz has agreed to buy electricity from up to 500 MW of solar capacity that China’s Chint Energy plans to build in Spain. The investment has been estimated at roughly €350 million.

Copenhagen Infrastructure Partners’ new fund, CIP New Markets Fund I K/S, will invest in renewable energy infrastructure, including solar, in countries throughout Latin America and Asia.

The UK Labour Party has revealed plans to facilitate the installation of solar panels on 1.75 million homes, with a particular focus on low-income households.

The Swiss power group and Italian utility Evolvere have started a blockchain pilot project designed to facilitate transparent, secure peer-to-peer energy trading.

The Finnish utility has switched on a 5 MW/6.2 MWh lithium-ion battery storage system at a hydropower plant in Sweden.

Sungrow has presented a new 1500Vdc string inverter at Intersolar Europe 2019. The SG250HX, a standout 250 kW inverter, is already available for pre-sale.

The Swedish PV equipment supplier recorded an operating loss of roughly $513,000 in the first quarter of 2019, from an operating profit in the preceding three-month period. Net sales reached approximately $1.94 million.

Electric vehicles could account for more than half of all passenger cars and buses sold throughout the world within the next two decades, according to a new report by BloombergNEF. Sliding lithium-ion battery costs will make EVs cheaper than vehicles based on internal combustion engines by the mid- to late-2020s, the research firm says.