Financial & Legal

The first US$10 billion close of this second fund includes a seed portfolio of an unnamed UK onshore renewables developer and a solar development partnership in India.

LevelTen Energy has reported an increase in the value of solar PPAs signed in North America, and a slight decrease for those signed in Europe.

"Compliance requirements and regulations are a specific set of information that most of the developers don’t want to go and build that expertise internally.”

Making new investments into grid infrastructure could be a method of reducing the impact of price cannibalisation on the European energy grid.

US solar tracker manufacturer Nextracker has seen high deliveries in its US business with a 70% year-on-year increase in the third quarter of its fiscal year 2024, driving 38% quarterly revenue growth.

Community solar developer Reactivate has partnered with US retailer Walmart and US Bancorp Impact Finance, a subsidiary of financing entity US Bank, to develop solar projects in Illinois and New York, US.

US solar developer Vesper Energy has closed US$590 million in financing for its 600MW Hornet solar project in Swisher County, Texas.

French renewables company Voltalia has seen a significant increase in its installed capacity, reaching a total of 2.37GW in 2023, up from 1.57GW in 2022.

London-based renewable energy investor Cubico Sustainable Investments has acquired a portfolio of 12 solar and hybrid power projects in Mexico

Solar financiers need to be more dynamic and flexible, according to panellists at Solar Media’s Solar Finance & Investment Europe event.