Markets & Finance

The Asian Development Bank has approved a US$650 million loan to accelerate rooftop solar PV deployment in India.

Terra-Gen has closed financing for its 205MW Lockhart III & IV solar PV project in San Bernadino County, California.

The US Department of Energy (DOE) has renamed the National Renewable Energy Laboratory (NREL) the National Laboratory of the Rockies.

The Australian Renewable Energy Agency (ARENA) has announced up to AU$151 million (US$98 million) in conditional funding for Sunman Energy to establish a 500MW per annum solar module manufacturing facility in the Hunter Valley, New South Wales (NSW).

Sunsure Energy has signed a long-term power purchase agreement (PPA) with Indian drinking water brand Bisleri International.

Swiss electrification specialist ABB has acquired solar PV inverter and power conversion system (PCS) producer Gamesa Electric for an undisclosed sum.

Astronergy and JA Solar have 'reached an agreement on cross-licencing' of tunnel oxide passivated contact (TOPCon) patents moving forward.

Independent power producer (IPP) Grenergy has agreed to sell an 88MW solar PV portfolio of projects in Colombia.

The Indian Ministry of New and Renewable Energy (MNRE) has requested comments on the proposal to increase the solar PV module efficiency of the Approved List of Models and Manufacturers (ALMM).

The EBRD will invest in a 531MW solar PV portfolio in Romania from Israeli renewables company Nofar Energy.