Activ8 Energies acquires Low Carbon Energy to expand UK solar portfolio
Activ8 Energies, 50% owned by SSE Airtricity, has acquired all shares of UK-based Low Carbon Energy (LCE) to strengthen its commercial and industrial (C&I) solar portfolio in the United Kingdom.
Philippines secures financing for 125 MW Citicore solar project
A PHP 4.4 billion ($77.5 billion) project finance loan facility is supporting the development of the 125 MW Citicore Solar Pangasinan project, with construction scheduled for completion by the end of this year.
NIB, NORD/LB finance 182 MW of solar in Lithuania
The combined investment from the two banks totals €64 million ($74.7 million) and will be put towards the development of two new solar farms in Lithuania each with a capacity of 91 MW.
Zeo Energy acquires Heliogen, combining rooftop PV with CSP towers
Florida-based rooftop solar developer Zeo Energy Corp. has acquired Heliogen, a concentrated solar power (CSP) tower specialist, combining distributed PV expertise with utility-scale solar technology.
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.
