The Royal Bank of Scotland and Investec Bank have closed the syndication of a GBP 400 million acquisition facility used to purchase a portfolio of 522 MW of solar PV projects located in the south east and west of the U.K.
Report by independent energy company Good Energy, backed by University of Sheffield, finds the impact of subsidies on U.K. bill payers has been lessened by renewable energy, which has served to lower wholesale electricity costs.
Country hits 38 GW of cumulative capacity after installing 9.9 GW by September 30, according to data published this week by the National Energy Administration; 2015 target recently increased to 23.1 GW.
German clean energy developer completes development of the country’s largest solar PV plant: a 16 MW array near to the capital, Budapest.
In addition to extending the exemption the 20 MW ceiling has been removed, allowing utility-scale projects to receive benefits.
Mercom Capital found that both VC and debt/public markets funding levels in the battery and energy storage field have fallen during 2015, despite a continued strong outlook in the energy storage market.
A week after its IPO, the leading solar and wind park operator has teamed with two German pension funds to expand its clean energy portfolio and intensify its asset management business.
The new partnership, which will include a portfolio of 210 MW of operating solar PV capacity, aims to take advantage of the consolidation currently under way in the Italian PV market.
The New Jersey-based research university won big for designing, building and operating the most cost-effective, energy-efficient and attractive solar powered house. Other winners included UC Davis and Mass/Central America.
The Italian group remains active in South Africa, where it has developed more than 30 renewable energy projects. The company is strengthening ties with the country’s government, which is eager to expand the use of clean energy.
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