Financial & Legal

The US solar industry added 2.7GW of capacity during the second quarter of the year, more than half of all clean power installations, according to American Clean Power Association (ACP).

Indian solar manufacturer Waaree will expand its ingot, wafer, cell and module production capacity by 6GW following a second round equity funding raise of around INR10 billion (US$121 million).

Nucor has signed a power purchase agreement with NextEra Energy to acquire 250MW from the latter’s upcoming Sebree Solar project in Kentucky.

EDP plans to invest €2.5 billion over the next three years to install an additional 4GW of distributed solar capacity around the world.

AXA Investment Managers' investment arm AXA IM Alts has bought 25% stake in in Iberian renewables platform Finerge from Igneo Infrastructure Partners.

The Saudi Fund for Development (SFD) has signed a loan agreement with the government of Belize to build a 60MW solar power plant in Central American country.

Renewables asset owner Brookfield Renewable is planning to commission at least 18GW of clean energy projects in the next three years.

French-headquartered independent power producer (IPP) Qair has secured a PLN335.3 million (US$83.1 million) loan for 130MW of solar PV projects in Poland.

Spanish developer Matrix Renewables has acquired a controlling interest in the 261 MWdc/200 MWac Pleasant Valley Solar Project from US renewables developer rPlus Energies.

AEMO Services has received bids for 3.1GW of power generation in the state of New South Wales, more than three times the target of 950MW.