Finance

Bullish ten-year energy blueprint suggests India will surpass renewable targets outlined in Paris Agreement by more than 50% and three years ahead of schedule.

The London-headquartered renewable energy merchant bank signs share purchase agreement to acquire five Sicilian solar parks built by SunPower and developed by Italy’s Veronagest SpA.

Latest Climatescope report by Bloomberg New Energy Finance finds that the 58 emerging market economies built 70 GW of clean power in 2015, compared to 59 GW among the 35 wealthiest OECD nations.

U.S. Overseas Private Investment Corporation partners with India’s Ministry for New and Renewable Energy to launch USICEF – a fund designed to spur wider public and private financing for renewable power generation in the country.

Developer ACC describes this as the largest mono rooftop array in Central China; regardless of rankings this is one very large rooftop solar plant.

With this action the independent power producer has halved the value of its outstanding bonds, and will reduce its annual interest costs by 50%.

Chinese solar plant developer secures sizable non-recourse term loan facility to refinance 50 MW of solar PV parks in the U.K. Finance supplied by British bank NatWest.

The Norwegian solar park developer signs joint development agreement with Africa50, an African infrastructure fund that is sponsored by the African Development Bank, to bring funding and support to the 100 MW Nova Scotia solar park.

The company has raised EUR 153 million through the offering, which should allow it to repay a bond due 2017.

Spain extends an olive branch to solar PV, Germany tenders more low prices, Canadian Solar opens its 400 MW Brazil fab and the Donald Trump witch hunt continues.