Financial & Legal

Indian solar manufacturer Waaree has shipped 850MW of PERC modules to Spanish developer Acciona Energia for use at its solar sites in the US.

Chinese solar manufacturer GCL System Integration (GCL SI) has received approval from the Shenzhen Stock Exchange Listing Review Center to raise up to RMB4.8 billion (US$673 million).

The credit facility consists of US$275 million term loan, a $175 million revolving credit facility, and a $150 million letter of credit facility.

Chinese solar module manufacturer Hanersun will supply 400MW of its n-type modules to Brazilian solar investment platform Solfácil for its distributed generation operations.

Econergy has closed a €60 million funding facility with Austrian bank Raiffeisen for its 155MW Ratesti solar project in Romania.

Lightsource bp has launched a request for submissions for its latest multi-buyer corporate power purchase agreement in Europe.

Recurrent Energy has announced the funding for its 300MW Ciranda solar project, which consists of a US$100 million (BRL490 million) package.

The Australian government will underwrite 32GW of renewable energy generation and energy storage to stimulate clean energy investment.

PV Tech spoke to Isabel Rodriguez, managing director at Glennmont Partners, about the challenges for the European solar supply chain.

Parliament’s decision has been met with both approval and some trepidation by representatives in the European solar industry. It will now pass to negotiations with the European Council to clarify its specifics.