Finance

Canadian Solar to list fund in Tokyo

The Tokyo Stock Exchange (TSE) has approved Canadian Solar’s plan to list the Canadian Solar Infrastructure Fund (CSIF) on the Japanese exchange’s infrastructure investment fund securities market.

Sonnedix refinances Spanish solar portfolio for €74m

The Spanish renewable power developer has announced a non-recourse finance package for 18.17 MW of installed solar PV capacity in Spain.

Innogy to invest €1.2 billion in PV, electric cars, fiber networks

Germany’s Innogy has revealed plans to invest €1.2 billion ($1.4 billion) in PV, electric mobility and broadband technologies such as glass fiber networks by 2019.

Citigroup to go 100% renewable by 2020

The commitment by the 4th-largest bank in the United States follows on an earlier sustainable economy financing commitment.

Total to acquire 23% stake in French developer Eren RE

France-based oil giant Total has agreed to acquire a 23% stake in French renewable energy group Eren RE for €237.5 million ($282.6 million).

Colombia announces renewable projects to provide power to 60,000 people

The Government of Colombia has dedicated COP 200 billion ($69 million) to renewable projects, as part of the country’s sustainable development objectives. The projects funded will supply up to 60,000 Colombian’s with electricity, according to the Ministry of Mines and Energy.

Slight rise in India’s solar tariff: bids at INR 2.65 in Gujarat

A slight variation from last auctioning results which had lowest bidding at INR 2.44/kwh.

Green Bank Network unleashes over $29 billion of clean energy capital

In an announcement at ClimateWeek NYC, the Green Bank Network said that it had closed transactions that are expected to mobilize more than $29 billion in public and private capital for clean energy projects around the globe.

Yingli Green Energy posts major shipments increase in Q2

Yingli Green Energy Holding Company, one of the world’s leading solar panel manufacturer, has announced its financial results for Q2 of 2017, which ended June 30, 2017.

European Commission to reduce minimum import price quarterly

The EU has published its decision to review the undertaking and the minimum import price (MIP) for crystalline PV products from China. As was proposed in July, the MIP will now be reduced quarterly beginning in October. For some Chinese manufacturers, the MIP, as well as a variable duty, is to be applied in future.