The Spanish solar power producer and developer has announced it will refinance 11 of its Spanish projects with its first unrated bond issuance.
By reinforcing the anode’s structure with graphene girders, researchers at the U.K.’s University of Warwick have found an effective approach to replacing graphite in the anodes using silicon, thus boosting the capacity of lithium-ion batteries, and more than doubling lifespans.
As reported by Reuters, the Chinese Ministry of Industry and Information Technology voiced concerns that frequent trade disputes may hurt China’s overseas expansion and would increase costs throughout the global solar market.
In 2017, battery storage, smart grid and energy efficiency companies saw a YoY increase in venture capital funding, garnering a combined US$1.5 billion, up from the $1.3 billion raised in 2016, finds the latest Mercom Capital report.
This week’s World Future Energy Summit (WFES) saw a letter of intent inked at the International Solar Alliance’s (ISA’s) pavilion to secure financing of up to US$5 billion with India’s YES Bank by 2030. The organization also signed deals for nine solar projects across five ISA member countries, including in the UAE, Saudi Arabia, Nigeria, India and Spain.
Noting that it is close to reaching its 33% renewable energy target, Montenegro’s Ministry of Economy has said it will not issue any more licenses for renewable energy projects. It has, however, launched the third phase of deployment of solar PV systems for un-electrified households in secluded mountainous areas.
World Bank Group member, the Multilateral Investment Guarantee Agency (MIGA), has pledged to provide financial support for six solar power plants in Egypt, the accumulative capacity of which stands at 250 MW.
A PLN 40 billion (around €9.4 billion) Polish support scheme for renewable energy has been approved by the European Commission. Meanwhile, Guernsey-based Sequoia Economic Infrastructure Income Fund has agreed to provide financing for ReneSola’s 55 plants in Poland, each with a capacity of 1 MW.
Acting on the behalf of its investors, the German asset manager has come into possession of four solar PV projects in Portugal, the names of which have not been disclosed. Meanwhile, Germany’s HSH Nordbank has successfully penetrated the Portuguese market with the refinancing of two solar plants.
The European Bank for Reconstruction and Development is providing a US$22 million shot in the arm for a 50 MW solar power plant in the Risha region developed by Saudi ACWA Power. The bank has also announced plans to invest up to $100 million to back development of the green bond markets, and pledged its support to city climate projects allocating over $500 million with an eye to scaling up green urban financing.
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