Financial & Legal

Engie North America – a regional subsidiary of French energy company Engie – has closed US$1 billion in tax equity financing to support a 1.3GW portfolio of solar PV and wind assets across the US.

US cadmium telluride (CdTe) thin-film module manufacturer First Solar has increased its manufacturing capacity in 2023 by 6.8GW, most of which from its Series 7.

Polysilicon imports to China have fallen to their lowest levels since 2011 as non-Chinese polysilicon producers have shipped greater volumes to Southeast Asia, according to a recent report from Bernreuter Research.

US energy utility AES has posted an improved financial results for 2023 as it narrowed its yearly losses to US$182 million.

French independent power producer (IPP) Neoen has completed debt financing for a 1.5GW portfolio of solar, wind and battery energy storage assets in Australia.

US residential solar provider SunPower has secured over US$300 million in project financing commitments for its residential solar and storage lease programmes.

The Q1 2024 edition of PV Tech Power is available to download now. This issue focuses on PV module quality issues, risk mitigation, carbon pricing policies and much more.

Australian utility Origin Energy has acquired renewables developer Walcha Energy and its 1.3GW project pipeline of solar and wind assets.

The Eland 2 solar-plus-storage project is under early-stage construction and is expected to come online in the first quarter of 2025.

Solar developer Lightsource bp has closed a US$348 million financing package to support the construction of a solar portfolio in Texas, US.