Q Energy secures €50.4 million for Europe’s biggest floating PV project
Renewables developer Q Energy has closed €50.4 million ($55.7 million) in financing for a 74.3 MW floating solar plant in northeastern France. Construction is already underway, with commissioning planned for the first quarter of next year.
Chinese PV Industry Brief: JinkoSolar, Longi, Trina Solar report H1 results
JinkoSolar says it recorded CNY 47.251 billion ($6.6 billion) of revenue and a CNY 1.2 billion net profit in the first half of 2024, while Longi’s revenue plunged to CNY 38.529 billion in the January-June period, with a net loss of CNY 5.243 billion.
Australian renewable investments surging, says Clean Energy Council
A new Clean Energy Council (CEC) report highlights a steady recovery in large-scale renewable energy investment and strong ongoing investment in energy storage in Australia.
Assessing floating PV costs across Europe
Researchers have analyzed the viability of floating PV in terms of net present value, internal rate of return, and LCOE. They included 25 European countries in their work, including Germany, the United Kingdom, Spain, and Italy.
ACWA Power secures $2.6 billion for 5.5 GW of solar in Saudi Arabia
ACWA Power has obtained $2.6 billion through a consortium of banks for three solar plants in Saudi Arabia, with a combined capacity of 5.5 GW.
Kosovo opens solar thermal system subsidies for mirco to medium businesses
Micro, small and medium sized enterprises in Kosovo can now apply for subsidies to install solar thermal systems. The deadline for applications is August 31.
Helexia secures €60 million to expand solar projects in multiple countries
Helexia, a solar rooftop and PV carport specialist, has announced the completion of a €60 million ($67.1 million) incremental financing facility. The funds will support a portfolio of 290 solar rooftop and carport projects in Belgium, France, Hungary, Italy, Portugal and Spain.
Israeli developer secures €110 million for solar plants in Romania
Nofar Energy has obtained €110 million ($122.5 million) in financing from the European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International to build two solar projects in Romania with a combined capacity of 300 MW.
KGAL impact fund acquires first solar project in Czechia
KGAL’s latest green energy fund is acquiring its first solar asset in Czechia. The investment and asset manager says the 50 MW plant is due to connect to the grid in 2025.
Rodrigues and Curacao have PV lessons for us all
With the world’s islands already experiencing some of the worst effects of climate change, much could be learned from their ability to demonstrate the viability of 100% clean energy systems. Greening the Islands’ Gianni Chiannetta examines the case for two islands in the Caribbean Sea and Indian Ocean.
