Interview: Quercus CEO reveals more about 600 MW Iranian solar project
Diego Biasi, CEO of British investment firm Quercus, talks to pv magazine about the company’s plans to develop a 600 MW solar farm in Iran, which will not only be one of the biggest PV plants in the world but a seismic solar development for both the MENA region and Iran.
European Investment Bank partners with International Solar Alliance, confirms €800m ($940m) Indian RE support scheme
The EIB has also confirmed that it will provide $940 million in financial support for Indian renewable Energy.
Interview: after Saudi Arabia, how low can solar prices go?
The recent Saudi Arabian tender for 300 MW of solar PV saw a bid of $0.0178/kWh – the lowest price by far yet seen globally. Aymen Grira of French energy consultancy Altran discusses this bid, and explores the wider PV potential of the MENA region.
CEFC to provide $77 million for 88 MW in Australia
The Clean Energy Finance Corp. (CEFC) has revealed plans to provide A$98 million ($77.05 million) in debt finance to back the development of the biggest biggest solar project in the Australian state of Victoria.
Indian renewable power developers queue for initial public offerings
It is expected that more and more Indian developers will be listed on IPOs in the coming years as an effective means to raise the equity for new power projects.
India’s IREDA lists $300 million bond on London Stock Exchange
Net proceeds from the bond will be used to finance the construction of several large-scale solar and renewable energy projects across India.
Foresight Solar Fund to buy 48% stake in 110 MW Bannerton solar farm in Australia
The British solar energy developer will purchase its first PV asset outside of the U.K. in the deal, which is being conducted as part of a joint venture with Syncline Energy Pty Ltd.
X-Elio raising €92.5 million bonds to refinance five solar projects
The Spanish renewable energy developer to issue bonds for the refinancing of 33 MW of installed PV capacity located in Spain.
Singulus adjusts 2017 revenue forecast
German PV equipment manufacturer Singulus has announced a reduction to its financial forecasting for the full year 2017. The company cites delays in a large-scale project for a China-based client as the primary reason for the reduction.
Mobisol to introduce new financing model to Tanzania’s off-grid sector
German off-grid expert Mobisol has announced plans to cooperate with two energy funds managed by responsAbility, an asset manager specializing in development investments. The deal will fuel further growth for Mobisol in the off-grid pay as you go sector, initially in Tanzania.
