The European Investment Fund (EIF) has closed a commitment to invest €50 million (US$56.4 million) in the fifth renewables fund set up by investment firm Everwood Capital that will develop, construct and operate a portfolio of new renewable projects, primarily solar PV
Solar technology company Nextracker has secured a deal to supply 125MW of its NX Horizon trackers to a number of Spanish project sites owned by independent power producer (IPP) Solaria.
Renewables investor Cubico Sustainable Investments has completed its acquisition of a European 272MW solar power platform called Grupo T-Solar from I Squared Capital.
A round-up of project updates from across the global solar industry, including updates from Israel's Shikun & Binui, independent power producer Sonnedix and UK-based Hive Energy.
Iberdrola has unveiled plans to double its spend on renewables, taking its investment from €75 billion (US$91 billion) by 2025 to €150 billion (US$182 billion) by 2030.