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Octopus Investments sells GBP 400 million of UK solar PV projects

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.

UK: Renewables brought down wholesale cost of electricity by GBP 1.55bn in 2014

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.

China hits 9.9 GW of solar by Q3, says NEA

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.

RWE commissions 16 MW Hungarian solar park

German clean energy developer completes development of the country’s largest solar PV plant: a 16 MW array near to the capital, Budapest.

El Salvador extends key renewable energy tax incentives

In addition to extending the exemption the 20 MW ceiling has been removed, allowing utility-scale projects to receive benefits.

Funding for battery and energy storage providers dips in Q3

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.

CHORUS secures EUR 25 million for European solar, wind investment

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.

Enel, F2i launch PV joint venture in Italy

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.

Solar Decathlon: Stevens wins top honors

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.

Building Energy sees 'huge potential' in South Africa

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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