Financial & Legal

Many large solar PV projects cross over First Nations land, and the representative body the First Nations Clean Energy Network (FNCEN) says that “proper and meaningful engagement with First Nations will be essential for the success of the renewable energy sector.”

French renewable power company Voltalia has sold a ready-to-build 420MW solar PV project in Brazil to energy company Newave Energia.

KGAL has signed a ten-year power purchase agreement with Edison to sell power generated from the former’s 150MW Tuscania solar project in Italy.

Virginia-headquartered energy utility Dominion Energy has filed a proposal with the Virginia State Corporation Commission (SCC) for 772MW worth of solar PV capacity in the state.

Southeast US utility Duke Energy has sold its distributed commercial generation portfolio – including solar PV developer REC Solar and all of its assets – to investment firm ArcLight Capital Partners. Financial details of the transaction were not disclosed.

The Asia Pacific (APAC) region is expected to invest US$3.3 trillion in power generation over the next decade, of which a quarter for solar alone, according to energy research company Wood Mackenzie.

National Grid Renewables has begun operations on the 247MW Yellowbud solar PV project, delivering power to Amazon under a pre-arranged PPA.

The EIA's latest figures reveal 6% decline in the average cost of building a new solar facility in the US between 2020 and 2021.

Canadian-headquartered solar-plus-storage developer Watt Renewable Corporation has secured a US$13 million investment to deploy hybrid corporate & industrial (C&I) solar solutions across Nigeria.

Ashtrom Renewable Energy has raised US$270 million in funding for its 400MWdc Tierra Bonita solar project in the US state of Texas.