The US Department of Energy’s (DOE) Loan Programs Office (LPO) announced two conditional commitments and one loan closing in Puerto Rico, totalling over US$1.2 billion.
Global solar corporate financing has decreased 24% in 2024, compared to the previous year, with US$26.3 billion, according to market research firm Mercom Capital Group.
According to Qcells, the recipient companies are allegedly producing and selling products using laser enhanced contact optimization technology, for which it holds the patent.
The agreement will support the construction of six PV plants, with a combined capacity of 724MW, which will be sited to support Google’s data centre operations.
