Financial & Legal

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

Spanish renewables company Grenergy has secured US$148 million in green financing to complete the development of two solar PV projects in Chile with a combined capacity of around 300MW.

French energy major TotalEnergies has acquired a combined 208MW of solar PV capacity in Romania from Germany-based renewables developer PNE.

The Dutch government will invest up to €412 million into “circular solar panels” under its National Growth Fund.

AXA has signed a virtual power purchase agreement with Ignis to draw power from the company’s upcoming Spanish solar plant.

Spanish utility Endesa has signed two loans with Instituto de Crédito Oficial (ICO), a Spanish state finance agency, and the European Investment Bank (EIB) worth €500 million to fund solar and wind projects in the country.

Independent power producer (IPP) Energix Renewables has secured US$520 million for six utility scale solar projects that are expected to generate 416MW of electricity.

US utility Southwestern Electric Power Company (SWEPCO) has received approval from Louisiana regulators to acquire 200MW of solar resources.

Romanian oil and gas producer OMV Petrom has bought a 710MW solar PV portfolio in its home country, which it said will be one of Southeastern Europe’s ‘most significant’ solar projects.

The Environmental Protection Agency (EPA) of the US has launched a US$7 billion competitive grant competition to offer low-income households access to solar energy.