Financial & Legal

SunPower has posted a lowered customer growth for four quarters in a row and a net loss of US$247 million for FY2023.

Enerparc has secured bridge financing for a 325MW solar portfolio in Germany, which will include co-located battery storage projects.

Governments across Central America are starting to issue renewable energy tenders with a focus on solar power.

Solar developer ib vogt has closed a debt financing deal to support 418MW of solar PV projects in the autonomous community of Castile and León, Spain.

French telecom company iliad Group has signed three solar PV power purchase agreements (PPAs) across Europe for a combined capacity of 89.5MW.

Appetite to invest in US community solar projects has seen increased interest since last year, boosted by the Inflation Reduction Act.

Module-level power electronics supplier Tigo Energy expects its losses will continue in the first quarter of 2024, according to its latest financial result announcement.

The Italian government has issued a decree to pave the way for €1.7 billion (US$1.8 billion) towards developing over 1GW of agrivoltaics.

Estonian independent power producer (IPP) Sunly has secured €65.9 million (US$71 million) towards the development and construction of 98MW worth of solar PV projects in Poland.

The European Bank for Reconstruction and Development (EBRD) has backed a €25 million (US$27 million) investment into a 112.5MW solar PV project in north-eastern Bulgaria.