Financial solutions company Solarise Africa has raised US$10 million to support its investment in solar PV projects in Kenya, Rwanda and South Africa. The company has also set its sights on more “difficult” territories, like the DR Congo, Chad and Sierra Leone. CEO Jan Albert Valk talked to pv magazine about the company’s plans, and the “overwhelming” need for more renewable energy investment on the African continent.
Jordan has taken great strides to green its energy mix. In addition to the successful implementation of many large-scale projects, small PV systems – mainly under the net metering scheme – are booming in the country.
Mercom Capital’s latest report shows sustained low levels of funding for solar companies, but strong investment in solar projects and many acquisitions.
Capital Dynamics announced the final close on its most recent clean energy fund, totaling US$1.2 billion in commitments. The company is now managing 2.3 GW of solar installations.
The Sustainable Energy Authority of Ireland (SEAI) has announced a €500,000 fund of Irish government and European Commission cash to promote sustainable energy technology development
The solar PV giant has completed its second green project bond placement with Goldman Sachs Japan.
Western Australia’s electricity provider Horizon Power is set to receive a financial shot in the arm through the installation of various distributed energy technologies in 90 homes and businesses in the coastal town of Carnarvon, which is home to the state’s first utility-scale energy storage, currently under trial.
Mercom Capital’s latest report shows relatively robust funding for solar globally but a slowdown in the United States due to the Section 201 investigation.
In an announcement at ClimateWeek NYC, the Green Bank Network said that it had closed transactions that are expected to mobilize more than $29 billion in public and private capital for clean energy projects around the globe.
The accumulative capacity of solar PV plants, which will be developed with the help of the funds at eight locations across Turkey, amounts to 70 MW.
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