finance

Cloud Control, Vance Joy, Midnight Oil back scheme allowing artists to finance 34.55MW farm and others, with plans to sell power to Australia’s grid.

Independent PV power producer, GCL New Energy (GNE), a division of GCL-Poly is selling a 70% shareholding in 19 PV power plants with an installed capacity of approximately 977MW for RMB 1.74 billion (US$251.5 million).

Thanks to “innovative business models” and the combination of PV with batteries, Japan’s “solar boom” is far from over, market expert Izumi Kaizuka of RTS PV has said.

Fund management firm Copenhagen Infrastructure Partners (CIP) has established a new fund to invest in greenfield renewable energy infrastructure primarily in Asia and Latin America, with expectations of reaching US$1 billion by the final close.

Debt instrument can bring benefits compared to conventional project finance but smaller players face steep learning curve, says Intersolar panel.

Mining giant replaces coal with green certificates at Utah operation, residential solar specialist Spruce Finance bags senior secured facility, FTC launches data platform.

‘Solar Module Super League’ (SMSL) member, GCL System Integration Technology (GCL-SI) doubled overseas PV module shipments in 2018, while seeking a target of shipments outside of China of 80% in 2019, according to its recently published 2018, annual financial report.

Energy advisory DNV GL has launched a digital marketplace for renewable energy, a platform which it says could significantly scale up the global corporate PPA market for renewables.

Mercom: Funding announcements for large-scale double to US$5.68bn in first quarter compared to Q1 2018 while actual financing grows 10% to US$2.8bn.

Competitive tenders, better investment conditions and removing market distortions would enable solar to meet its potential, says developer speaking anonymously.