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Societe Generale

Lightsource BP secures $1.8bn to develop 20-plus GW of new solar by 2025

The clean energy joint venture, which is half owned by British energy company BP, today said it expects to create around 500 jobs as it ramps up its solar portfolio from less than 4 GW to 25 GW in four years.

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Renewables powered island can be an outlier for the Greek archipelago

The Greek Ministry of the Environment and Energy has signed a memorandum of understanding with a clutch of private companies to turn the small Aegean island of Halki green as a demonstration of the effectiveness of its planned GR-Eco Islands Initiative.

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Plan to double size of 20 MW Madagascar solar park

The island nation’s first utility scale solar park is set to double in size and have energy storage added, with work due to start this month.

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Sonnedix closes €160m of financing in Italy

Sonnedix has secured €160 million of non-recourse financing for solar PV projects in Italy.

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US steel mill to get powered by 300 MW of solar

The iron and steel sector is the ‘world’s largest industrial source of climate pollution.’ This steel mill in Pueblo, Colorado, will be the first in North America to rely on solar power.

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Northvolt secures $1.6bn backing for twin battery gigafactories

In a little over ten years, Northvolt aims to pour 150 GWh of batteries onto the European market, annually. The company is also working to source end-of-life batteries for half its raw materials.

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First-half solar funding fell by a quarter as Covid-19 bit

The latest PV finance report released by Mercom Capital had solar investment falling almost entirely across the board with the number of new solar funds launched in the last three months offering a rare piece of good news.

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Financial close for 181 MW floating PV plant in Taiwan

The installation will be located in the Changbin Lunwei East district. A NT$7.2 billion loan was secured from a consortium of seven banks and the solar facility is expected to be grid-connected this year.

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Enel touts €1bn green bond and bags 70% of Polish demand response market

The energy giant’s finance subsidiary placed a bond in Europe to finance its renewable energy and infrastructure projects and secured 70% of Poland’s demand response capacity market for the 2021-2023 period, in the first auctions of their kind in the nation.

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$758 million financing for the first PV-CSP plant in Latin America

Chilean company Cerro Dominador have announced the signing of a $758 million deal to finance the first combined concentrated solar power-PV project in Latin America – a 210 MW scheme in the Atacama desert

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