Financial & Legal

Greenvolt Power has sold two renewable power projects to Polish electric utility Energa Wytwarzanie, with a total solar capacity of 32MW.

Indian state-owned utility SJVN will develop 1.2GW of solar PV projects to supply power to the Punjab State Power Corporation Limited.

The Australian government has announced AU$50 million (US$33.7 million) in investment to develop renewable energy supply chains – notably for solar and energy storage – in the Indo-Pacific.

ReNew will receive US$7.8 billion in funding from two Indian government departments to develop clean power projects in the country.

Electrification cable manufacturer Nexans has been awarded a €1.43 billion (US$1.59 billion) contract for a portion of the EuroAsia Interconnector subsea cable, connecting Greece and Cyprus.

Spanish independent power producer (IPP) Opdenergy has secured €128 million (US$143 million) to finance 216MW of solar PV in Spain.

Tesla’s Q2 2023 solar PV deployment decreased 38% year-on-year to 66MW as its battery storage system additions was met with a slight decrease from the previous quarter.

Modus Asset Management has taken owership of a of a 55MW ground-mounted solar PV portfolio in Latvia from renewables developer Evecon, through its Clean Energy Infrastructure Fund.

Swedish state-owned utility Vattenfall has acquired German solar developer Solizer and its PV portfolio of 4GW of projects in Germany.

UAE state-owned renewable energy developer Masdar has launched its first US$750 million 10-year green bond, with the proceeds to be invested in renewables, including solar and wind projects.