Financial & Legal

The Q3 2023 edition of our downstream solar PV journal, PV Tech Power, is now available to download, leading with a focus on solar in the US, one year on from the Inflation Reduction Act (IRA).

Recurrent Energy has secured US$112 million in financing for its 160MW North Fork solar project in the US state of Oklahoma.

The Australian National Electricity Market (NEM) faces reliability issues over the next 10 years as coal plants retire and investment in renewables generation and storage continues to lag, according to the Australian Energy Market Operator (AEMO).

German independent power producer Encavis has signed a framework agreement with German PV developer Innovar Solar to build 160MW of solar PV in Germany.

Saudi Arabian power company ACWA Power has reached financial close for its 200MW Kom Omba solar project in southern Egypt.

Clēnera has signed a PPA with Arizona Public Service, the state’s largest utility, to sell power from its CO Bar solar and storage complex.

Greek fossil fuels company HELLENiQ has signed a deal to purchase 180MW solar PV portfolio in its home country from the Greek arm of UK-based renewables developer Lightsource.

An IRENA report into the cost of producing power has found that the levelised cost of electricity in the solar PV sector fell by 3% in 2022.

TeraPlast has received €1.1 million from the EU via the national government to build a 4.56MWp PV plant in northern Romania.

Colorado-headquartered clean energy platform Peregrine Energy Solutions has secured US$700 million in credit, equity and debt financing to bring its project pipeline online.