First Solar has welcomed a new US$1 billion loan agreement between the US Export-Import Bank and the Indian Renewable Energy Development Agency (IREDA).
The 500MW Palen concentrating solar power (CSP) project has withdrawn its planning application less than a week after authorities said it had to be scaled down.
The Overseas Private Investment Corporation (OPIC) has issued its first green guaranties to US investors to back climate-friendly projects, with US solar firms expected to benefit.
