Copenhagen Infrastructure Partners plans 1 GW of PV-wind, 3,831 MWh BESS
Copenhagen Infrastructure Partners (CIP), a Danish renewables investor, has sought environmental clearance in Chile’s Antofagasta region for a $1.3 billion mixed-generation project pairing 1,004 MWp of solar and 152 MW of wind with a 3,831 MWh battery energy storage system (BESS) to aid grid stability.
How the One Big Beautiful Bill affects heat pump adoption
The US congressional budget bill reduces tax credits for energy efficiency investments, including heat pumps, which is expected to slow adoption rates.
Romania awards 1.4 GW of solar at average €40.46/MWh in second auction
Romania has allocated 1,488 MW of solar in its second contracts for difference (CfD) auction for renewables. Prices of the 26 winning solar bids ranged from €35.50 ($41.59)/MWh to €45.20/MWh.
Cost, complexity, confidence slow rooftop solar uptake in Australia
Cost, complexity and confidence gaps are the main barriers to the uptake of rooftop solar in Australia, according to new federal government research.
Sunsave raises GBP 113M, targets full EMS offer for UK consumers
Equity and debt facility provides Sunsave resources to increase deployment and develop home energy management system (EMS) according to co-founder Ben Graves. The start up offers solar on a subscription basis with customers owning the installation on their property from the offset.
IFC loans $250 million for Oman polysilicon project
The investment package features a $200 million loan for the implementation of the project and a $50 million preferred equity investment. The approval is said to have been opposed by several members of IFC’s board of executive directors.
Egypt-UAE joint venture wins Ivory Coast solar tender at €0.0310/kWh
Infinity Power submitted winning bids of €0.03310 ($0.039)/kWh and €0.03213/kWh for two solar projects totaling 80 MW, marking the lowest tariffs secured by an independent power producer in West and Central Africa.
Swedish heat pump maker Aira raises €150 million, plans production capacity expansion
Aira is raising €150 million in equity financing to support increased production capacity in Wroclaw, Poland, as well as further research and development in Sweden.
Lyten to acquire Northvolt’s $5 billion battery assets in Sweden and Germany
US startup Lyten has stepped up again to buy Northvolt’s Swedish and German assets, continuing its takeover of the failed battery giant’s $5 billion manufacturing empire. The move marks a major shift in Europe’s battery landscape.
Quebec to offer rebates for home, commercial solar
Hydro-Québec says it will offer financial aid to residential and business customers deploying solar in the Canadian province from next year, with CAN 1,000 ($726.28) available for each installed kilowatt.
