Solar corporate funding rises 15% YoY with $5.3 billion in H1 2018 – Mercom
Despite the uncertainty caused by U.S. solar panel import tariffs, deteriorating trade relations between the U.S. and China, and the looming consequences of China’s PV policy change, the solar industry saw a 15% YoY increase in corporate funding in the first half of 2018, on the back of a Q2 rebound, finds the latest Mercom Capital report.
International investors provide $34 million for solar plant in Zambia
The Ngonye project proposed by Italian energy giant Enel Group and Zambia’s Industrial Development Corporation, will be financially underpinned by senior loans of up to $10 million from the International Finance Corporation, up to $12 million from IFC-Canada Climate Change Program and up to $11.75 million from the European Investment Bank.
EIB committed €1 billion to solar last year
The European Investment Bank (EIB) made its solar investments in 13 European Union countries, as well as in India, Mexico and Peru in 2017. The bank’s total investment volume for solar projects since 2002 amounts to around €6.3 billion.
WFES: ISA signs letters of intent for $5bn financing, nine solar projects across five member states
This week’s World Future Energy Summit (WFES) saw a letter of intent inked at the International Solar Alliance’s (ISA’s) pavilion to secure financing of up to US$5 billion with India’s YES Bank by 2030. The organization also signed deals for nine solar projects across five ISA member countries, including in the UAE, Saudi Arabia, Nigeria, India and Spain.
Taiwan’s Motech secures $162.2 million in financing
The Taiwanese cell producer said it will use the funds to repay existing loans and finance operations.
Weather and climate data: Answers to questions from the pv magazine webinar
Assessment of weather data and forecasting are vital in reducing risks and, therefore, financing costs and losses during the operation of solar plants. Following a recent pv magazine webinar, Finnish environmental firm Vaisala has prepared detailed answers to the main questions posed by participants.
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.
First Solar nails $63 million loan from Mizuho Bank
The U.S. based module supplier has secured a JPY 7 billion ($63.4 million) syndicated development loan facility for undisclosed utility-scale solar projects in Japan.
Solarpack secures financing for 135 MW of solar in Chile and India
The Spanish developer has raised $104 million in financing for nine large-scale PV projects spread across India and Chile.
Brazil’s BNDES raises $1 billion through issue of green bonds
The funds will be devoted to large-scale wind and solar projects across Brazil.
