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Finance

Romania opens €310 million investment call for self-consumption installations

The €310 million ($351 million) funding package includes over €268 million ringfenced for solar installations for self-consumption. The deadline for companies to submit applications is August 21.

The Hydrogen Stream: EU backs 15 hydrogen projects

The European Commission has selected projects for €992 million ($1.1 billion) of EU public funding, while the Japanese government has agreed to provide $4.80 in subsidies for hydrogen fuel cell trucks.

European Commission opens investment call including solar in Western Balkans

The European Commission has published a call for private companies to invest in the Western Balkans. Financial backing could be made available for participating projects in areas including the development of renewable energy sources. The deadline for expressions of interest is May 21.

UK investors back 50 MW of solar in Nigeria with $3.6 million

Konexa, Climate Fund Managers and Norfund have agreed a funding package totaling $3.6 million to support a 50 MW solar plant in Nigeria, alongside new grid connections.

New biodiversity toolkit helps solar farm developers fast-track projects

Australia’s Thesium has launched a new product designed to help solar farm developers de-risk and accelerate their projects, which includes a credit feasibility analysis and board-ready stakeholder documentation.

Halocell, Australian researchers to scale lead-free solar tech

Australian perovskite cell producer Halocell Energy is partnering with University of Queensland researchers to accelerate the commercial production of lead-free solar panels based on record-breaking tin-halide PV cell technology.

EBRD backs 1 GW solar-plus-storage project in Egypt with $30 million loan

Scatec has broken ground on Egypt’s first major hybrid solar and battery project after securing a $30 million equity bridge loan from the European Bank for Reconstruction and Development (EBRD).

CATL aims to raise $4 billion with Hong Kong listing

Contemporary Amperex Technology (CATL) has launched a long-anticipated initial public offering (IPO) to raise $4 billion and fund overseas expansion, including a major battery plant in Hungary.

pv magazine Focus: As storage scales, co-located solar projects must adapt

At pv magazine’s Focus event at Intersolar Europe this week, moderated by ESS News Editor Marija Maisch, the panelists discussed co-location and financing, alongside forward-looking presentations on market trends.

SolarEdge rebounds on Q1 earnings surprise

The inverter and energy storage provider posted a second straight quarter of positive cash flow as it recovers from a difficult year.

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