
Bogotá, 19 November 2025: Climate Fund Managers (CFM), a climate-focused blended finance investment manager operating in emerging markets across Africa, Asia and Latin America, and Erco Energía, a leading Colombian renewable energy developer, with support from the European Union, today announced the inauguration of the Pétalo del Norte I solar power plant in northern Colombia and development funding for the neighbouring Pradera solar-plus – storage plant. [pdf]

Paris & Mahé, August 20, 2025 – Independent renewable energy company Qair has secured a USD 5.7 million senior debt facility from the Facility for Energy Inclusion (“FEI”), managed by Cygnum Capital, to finance the development, building, operations, and maintenance of a 5.8 MWp Floating Solar plant located in the Providence Lagoon on Mahé Island in Seychelles. [pdf]

The key contributions of this study are summarised as follows: (i) feasibility study of the solar power system to feed remote cellular base stations under various cases of daily solar radiation in South Korea; (ii) determination of the optimum criteria and the economic and technical feasibility of the solar power system using HOMER software; and (iii) economic comparison of the proposed solar power system vs. diesel generators. [pdf]

The global solar energy storage battery market size was estimated at USD 5.50 billion in 2024 and is predicted to increase from USD 6.84 billion in 2025 to approximately USD 48.14 billion by 2034, expanding at a CAGR of 24.23% from 2025 to 2034.The solar energy storage battery market growth is attributed to the growing demand for reliable and strong renewable energy storage battery solutions. [pdf]
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