Financial & Legal

Investment bank Macquarie Asset Management has provided €100 million (US$98.5 million) of debt financing to Green Bidco, the parent company of solar developer Falck Renewables.

Investment group Foresight has entered into a joint venture with oil major Shell’s subsidiary, Shell Energy Operations, to acquire development rights for a 370MW of renewables project in Western Australia.

Corporate funding in the global solar sector was dampened by inflation and high interest rates during the first nine months of the year, according to research from Mercom Capital Group.

South African public utility Eskom has signed lease agreements with four independent power producers for the production of renewable energy.

Demand for European-made PV production equipment jumped by 62% in Q2 2022, with European orders surpassing those from Asian countries for the first time, according to research by VDMA.

Estonian independent power producer Sunly has raised €200 million to build and expand its renewables portfolio in the Baltics and Poland.

Risen’s president Sun Yuemao sat down with PV Tech to discuss a range of topics, including structural changes in the company, supply chain strategies and new cell technologies

REC Group has landed an equipment supply agreement for its HJT PV modules with solar cell and module equipment maker Maxwell Technologies.

Irish independent power producer (IPP) Alternus Energy has closed a business combination agreement with Clean Earth Acquisitions Corp, a special purpose acquisition company (SPAC), that will enable its expansion in the US.

Israeli renewable company Ashtrom Renewable Energy has entered the solar market in Greece after agreeing to co-develop a 476MW project pipeline.