The UN secretary-general, António Guterres, has issued a stark warning concerning the “dismal litany of humanity’s failure to tackle climate disruption” in an speech in which he set out “five critical actions to jumpstart the renewable energy transition”.
Independent power producer (IPP) Cypress Creek Renewables has closed a US$125 million debt facility to fund the expansion of its solar and storage pipeline.
Off-grid solar specialist Sun King has raised US$260 million in a Series D funding round aimed to expand global access to affordable solar energy across Africa and Asia.
US perovskite company Tandem PV has closed on the first half of a US$12 million Series A raise after raising US$6 million for building a pilot manufacturing facility in its headquarters of San Jose, California.
Independent power producer (IPP) Cypress Creek Renewables has closed a US$450 million debt facility to fund the expansion of its solar and energy storage project pipeline in the US.
A round-up of the latest news from the US solar market, including Bridgelink Power receiving a US$200 million loan to finance its utility-scale solar projects, Vistra’s 50MW Texas plant is online and Castillo Engineering to develop 38.25MW community solar projects in New York.
Japanese investment firm Mitsui has invested €575 million (US$631.56 million) in common shares from renewable developer Mainstream Renewable Power, bringing its valuation to €2.1 billion after the transaction.
Utility-scale solar developer Geenex Solar has secured additional financing that will allow it to advance a pipeline of more than 8GW of PV and energy storage projects in the US Southeast and Midwest.
