Under the agreement, bp will acquire the remaining stake of 50.03% in Lightsource bp from the company’s founders, management and staff at a base equity value of £254 million (US$320.96 million).
New York state in the US has installed 2GW of community solar capacity, according to the New York State Energy and Research Development Authority (NYSERDA).
More than 400 European solar companies have published an open letter via industry body SolarPower Europe, opposing trade defence measures for the solar sector in the European Union (EU).
Aside from the usual big hitters – China, the US and India – Dunlop said she believed all parts of the world could play a role in helping meet the burgeoning demand for solar over the rest of this decade and beyond.
AES Dominicana has raised US$368 million in a loan facility that will be used to finance renewable energy projects in the Dominican Republic.
“Cut-throat” competition in the polysilicon production industry in 2024 could push many Chinese producers out of business, according to analysis from industry research firm Bernreuter Research.
Israel-headquartered independent power producer (IPP) Econergy has announced the commercial operation of a 155MW solar project in Romania.
US renewables developer Longroad Energy has secured US$600 million in debt financing to grow its renewables portfolio.
The European Commission (EC) has approved this week Italy’s and Hungary’s aid schemes to support renewable energy projects.
Israel-headquartered independent power producer (IPP) Ecoenergy has closed a €60 million (US$65.5 million) funding facility with Austrian bank Raiffeisen for its 155MW Ratesti solar project in Romania.
The European Commission has opened this year’s Innovation Fund with a budget of €4 billion (US$4.4 billion) to support the development of decarbonisation technologies.
Germany’s auction for solar installations on buildings and noise barriers has awarded contracts to 88 bids with a cumulative capacity of 191MW.
