Solar

Research provider, BloombergNEF, has revealed that the cost of clean power technologies will drop by a further 2–11% in 2025, breaking 2024’s record.

DNV has reported positive progress in the UK’s decarbonisation efforts, with predicted reductions in greenhouse gas emissions by 58%.

Matrix Renewables has secured €40 million of non-recourse financing with UniCredit for the construction of six solar plants across Italy.

Statkraft has secured planning consent for Kitland solar farm, a new 39.9 MW scheme located in North Somerset, UK.

Quinbrook has acquired a 350 MW solar PV project in the East Midlands, UK.

Hydro Rein has acquired a 20% stake in Brazil’s largest solar complex, based in Vista Alegre.

ABEI Energy has closed a deal with Fuyo General Lease Co. and Prime Capital AG to fund the construction and operation of Spanish solar project.

Innova has completed the sale of Ducklington solar, a 27.5 MWp solar array, to Schroders Greencoat.

Enfinity Global has secured 2 GW of connectivity for solar and wind projects in India.

National Grid Renewables has announced the start of on-site construction at its Sycamore Creek solar project located in Crawford County, Ohio.

Ecoenergy has expanded its Romanian solar portfolio after connecting a 55 MW project to the Romanian national grid.

Matrix Renewables has secured financing for the construction of three solar plants in Spain.

Greenbacker Renewable Energy Company LLC has secured US$950 million in aggregate financing to support the acquisition, construction, and operation of its largest clean energy project to date.

Local council planning consent has been granted for Innova’s Almholme Energy Hub project in Doncaster.

Watson Farley & Williams has advised Rabobank, Santander Corporate & Investment Banking, and Intesa Sanpaolo Bank Luxembourg SA as lenders on an up to €500 million term, DSR, and letter of credit facilities granted to a subsidiary of Amarenco Solar Limited for the financing of a multi-country solar infrastructure project.