Financial & Legal

The US Department of Energy (DOE) has released US$45 million in funding to support domestic solar manufacturing and dual-use PV projects, US$18 million of which is issued under the Bipartisan Infrastructure Law.

Indian electric utility GUVNL has announced that it is accepting bids for two 600MW solar projects to be built at the Khavda renewables park.

US thin-film module manufacturer First Solar has secured a five-year revolving credit and guarantee facility for US$1 billion.

European Energy has announced a plan to sell 49% of the stake of a 304MW solar plant in Denmark to Japanese conglomerate Mitsui.

Nordic Solar and EIG have signed an agreement on what the former calls a “flexible credit facility” to funding for the Nordic Solar's projects

UK-headquartered solar developer ib vogt has agreed to sell a 98.4MWp Italian solar portfolio to French renewable company Rubis Photosol.

The Democratic Republic of Congo's energy company Nuru has secured US$40 million for the construction of 13.7 MWp.

Goldbeck Solar has secured a loan of €44 million to fund four new solar PV plants, with a combined capacity of 93MWp, in Canada and Chile.

NextEnergy Capital, the London-based solar energy asset manager, has closed the first round of its fifth investment vehicle, NextPower V ESG (NPV ESG) with US$480 million in investment commitments.

Solana Solar has signed a power purchase agreement with Kratos RES to supply 10-20MW of electricity from its Solana Solar Power Project.