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Funding

Solarise Africa raises $10 million to spearhead its clean energy expansion in Africa

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.

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Jordan: Effective funding schemes for small-scale PV

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.

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Solar funding moves from companies to projects

Mercom Capital’s latest report shows sustained low levels of funding for solar companies, but strong investment in solar projects and many acquisitions.

$1.2 billion clean energy fund closes, targets utility scale in the US

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.

Ireland offers funding for European collaboration on renewables

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

Japan: Canadian Solar raises $66 million with dual-tenor green project bond

The solar PV giant has completed its second green project bond placement with Goldman Sachs Japan.

ARENA grants $1.9 million for distributed energy trials in Western Australia

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.

US Section 201 case mars otherwise strong quarter for solar funding, reports Mercom

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.

Green Bank Network unleashes over $29 billion of clean energy capital

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.

Turkey: Tunçmatik’s subsidiary secures $73 million credit from Aktif Bank

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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