News from Solar Media portals

BNEF: American ITC rush and Spain’s subsidy-free shift help bolster 2019’s declining global solar finance figures, setting the scene for a boom of merchant and PPA-based PV this year.

World’s largest asset manager will make sustainability “integral” to its investment portfolios and divest from thermal coal by mid-2020, according to open letters by CEO Larry Fink.

Brussels’ new roadmap to pour one trillion euros into the sustainable economy should first support “already available” technologies such as PV, says industry body SolarPower Europe.

Government tells PV Tech 700-800MW new solar tender is expected to launch in late March 2020 and will feature third bidding option for projects proposing energy storage element.

Mercom stats paint bright picture for corporate solar funding in 2019 but IRENA warns capital flows to broader renewables must more than double by 2030 to combat global heating.

Firm raises further US$118 million through NPIII’s second close and is eyeing a 2.5-3GW pipeline, telling PV Tech of plans to complete fundraising by year-end.

German EPC ib vogt has announced the sale and commencement of construction of a 180MWp solar farm near Badajoz in Spain, teeing itself up for a slew of other subsidy-free developments in Southern Europe.

Carbon neutrality, renewable target and PV rooftop pledges by new Conservative-Green alliance herald ‘solar decade’ of the 2020s, says EU PV body SolarPower Europe.

AB InBev, the world’s largest beer company, has signed a deal that will support the construction of two solar farms in Spain with a combined capacity of 200MW.

A new joint venture between a UK-based asset manager and a Danish renewables investor has been signed to fund a 500MW solar and storage pipeline in the UK.

UK renewables asset manager Armstrong Capital Management has penned a new joint venture with Danish investor European Energy to pursue a 500MW solar and storage pipeline in the UK.

UK solar developer Solarcentury has landed a €54.8 million finance facility to construct 500MW of solar farms in Spain.

Developer taps Hanover group Talanx as buyer of 50MWp Don Rodrigo 2, in sale announced four months after telling PV Tech of talks with suitors keen on the Statkraft-backed plant.

German firm gets support for ready-to-build 42MW pipeline at 750MW auction held on 10 December, which is set to award US$950m in CfD payments over 17-year period.

Multinational utility Iberdrola has completed the giant 500MW Núñez de Balboa solar farm in Spain’s Extremadura region, claiming it to be Europe’s largest completed solar project.

Energy major Statkraft has signed a long-term power purchase agreement with Spanish solar IPP Solaria.

Further details surrounding Ireland’s long-awaited Renewable Electricity Support Scheme (RESS) auctions have been released, including critical compliance and process information.

Solar investor Foresight has penned a 10-year power purchase agreement with EDF Trading for a 50MW project in Spain.

GRIDSERVE has completed its “game changing” hybrid solar-plus-storage site in York, becoming the first utility-scale solar farm in the UK to use both trackers and bifacial solar panels.

UK renewables developer GRIDSERVE has completed a “game changing” hybrid solar-plus-storage farm in York, UK, claiming it to be the first in the UK to boast single-axis trackers and bifacial panels.

Investor Eland Private Equity and Chinese manufacturer and EPC Shanghai Electric have set sights on Europe’s thriving PV market, forming a new joint-venture which they claim will plough some €500 million into new assets.

José Rojo continues PV Tech’s end-of-year review with a look back at Q3 2019 highlights, from solar trade spats to Portugal’s head-turning tender, Tesla’s court woes and a solar-plus-storage bonanza.

Lightsource BP has heralded the return of large-scale solar build-out in the UK, revealing it is pursuing a 1GW project pipeline in its home market.

Canadian Solar has said it is in the process of developing a pipeline of subsidy-free solar farms in the UK, joining a recent flurry of developers to return to the build-out phase.