Spanish utility Endesa has signed two loans with Instituto de Crédito Oficial (ICO), a Spanish state finance agency, and the European Investment Bank (EIB) worth €500 million to fund solar and wind projects in the country.
Independent power producer (IPP) Energix Renewables has secured US$520 million for six utility scale solar projects that are expected to generate 416MW of electricity.
Solar wafer producer NexWafe has secured a €30 million (US$32 million) investment to accelerate the construction of its first commercial-scale wafer plant in Bitterfeld, Germany.
India-based renewables developer Avaada Group has raised US$1 billion from asset owner Brookfield Renewable to fund the growth of its renewable energy platform in India.
Solar module recycling company Solarcycle has secured US$30 million in Series A funding to increase its solar panel recycling capacity and expand materials re-manufacturing capabilities.
French financier Rgreen Invest and Echosys Advisory-backed investment advisor Echosys Invest have closed a new fund to finance solar power production across Africa.
