Financial & Legal

New Zealand solar PV generator Lodestone Energy has started trading on the NZX Main Board after raising NZ$75 million (US$43 million).

The EBRD has announced a US$265 million loan for a new 1.2GW solar PV plant, to be co-located with a 600MWh BESS, in Minya, Egypt.

Pivot Energy has closed a US$500 million bilateral corporate credit facility to further solar PV and BESS deployments.

Italy’s GSE has awarded US$863.6 million in grant funding to 505MW of new rooftop solar capacity, to be deployed on agricultural projects.

NYSERDA has announced its allocations of US$200 million to expand access to affordable solar energy across New York state.

The South Australian government has selected four solar and wind proposals totalling almost 13GW in the Whyalla West release area, west of the steelmaking city.

Independent power producer (IPP) Swift Current Energy has filed a lawsuit against thin-film cadmium telluride (CdTe) solar module manufacturer First Solar in the New York County Supreme Court.

ACME Solar has signed a 300MW/1,200MWh PPA with the Solar Energy Corporation of India (SECI) for a solar-plus-storage portfolio.

Australia must find green iron customers beyond China as Chinese steel demand declines and iron ore export earnings fall, says IEEFA.

Norfund and Impact Fund Denmark have signed agreements to take a 49% interest in the 500MWp Ixus Bugallon Solar Power Project.