Financial & Legal

The Vista Alegre solar plant will supply electricity to aluminium producer Albras for 21 years through a power purchase agreement.

Renewable energy financier Excelsior Energy Capital has closed US$1.3 billion in financing for its recently-acquired 682.5MW Faraday solar PV project in Utah County, Utah, US.

Investment in renewable projects in Australia has continued its slow trend in the third quarter of 2023 with only two new projects achieving financial commitment, according to trade body the Clean Energy Council (CEC).

There are now 14 renewable energy projects in Australia that are being developed in partnership with First Nations indigenous communities, according to new figures from the First Nations Clean Energy Network (FNCEN).

RWE has updated its “growing green” renewables investment plan, and aims to expand its green portfolio by 65GW between 2024 and 2030.

Solar manufacturer Maxeon Solar Technologies has said that it is issuing a number of patent infringement investigations in the US pertaining to tunnel oxide passivated contact (TOPCon) solar cell technology.

AES Dominicana has raised US$368 million in a loan facility that will be used to finance renewable energy projects in the Dominican Republic.

Indian solar manufacturer Waaree has shipped 850MW of PERC modules to Spanish developer Acciona Energia for use at its solar sites in the US.

Chinese solar manufacturer GCL System Integration (GCL SI) has received approval from the Shenzhen Stock Exchange Listing Review Center to raise up to RMB4.8 billion (US$673 million).

The credit facility consists of US$275 million term loan, a $175 million revolving credit facility, and a $150 million letter of credit facility.