Emiliano Bellini
Dutch pension fund PGGM invests €200 million in SolarCity’s project portfolio
The Dutch fund will invest in a portfolio of solar projects of Tesla’s solar unit. The projects are spread across 21 U.S states and have a combined capacity of 275 MW.
Canada’s Potentia Renewables secures $78 million financing from La Caisse
Quebec’s investment fund has agreed to provide Ontario-based rooftop solar specialist with CA$ 107 million ($78.0 million) in debt financing.
SolarPower Europe: new financial mechanisms at EU-level are crucial for solar
The European solar association has released a new report that recommends ten actions to further support solar across the EU. Innovative financing mechanisms and new business models, as well as balanced regulatory frameworks, are considered necessary to ensure the future growth of PV in Europe.
Armenia announces tender for 55 MW solar project
The Armenian Ministry of Energy Infrastructure and Natural Resources has prequalified ten companies in the preliminary phase of the tender for the project, which will be located in Masrik, Gegharkunik province, in the eastern part of Armenia.
Ireland: interest grows in large-scale solar
Irish power utility EBS and wind specialist Bord na Móna are planning a giant solar project across three counties in the middle of Ireland. Meanwhile, large-scale PV projects with a combined capacity of 1.47 GW were submitted to the local grid operator for approval.
Italy installed 84 MW of PV in first quarter 2017
The southern European country added new PV systems totaling 32.6 MW in March. Meanwhile, solar covered around 8.8% of Italy’s electricity demand last month, and 5.8% in the first three months of this year.
UK adds 111 MW of solar in Q1 2017
Great Britain installed 111 MW of new PV systems in the first three months of this year, according to provisional BEIS statistics. The country’s cumulative capacity now surpasses 11.85 GW.
Cubico buys 105.6 MW of PV plants in Italy
The British renewable energy infrastructure company has agreed to acquire 18 solar facilities located in Italy from a joint venture between U.S. companies Riverstone and SunEdison.
Jamaica targets $300 million renewable energy investments
The Caribbean country is seeking to accelerate its transition to clean energies, and to benefit from funds from the Green Climate Fund. Meanwhile, the government is also seeking to improve net metering for residential and commercial PV.
Denmark’s Energy Commission says incentives for renewables should be phased-out
A recently created Energy Commission has advised the Danish government to phase-out incentives for renewables, at the same rate as the technology becomes competitive with other energy sources. Meanwhile, Denmark has added only 3.7 MW of PV so far this year.
