Financial & Legal

Toyo Solar has raised around US$50 million to finance the expansion of the company’s cell manufacturing work in Houston, Texas.

A new anti-circumvention inquiry request has been filed with the US Department of Commerce against Hanwha and other solar cell producers regarding the import of solar cells from South Korea to the US.

Sabanci Renewables has signed a PPA with Meta for a portfolio of solar PV projects currently under development in the state of Texas.

Energy platform Permanent Power Company has secured US$600 million in construction financing for a solar-plus-storage project in California, US.

Origis has secured a US$900 million package, which consists of US$650 million in credit facilities and a US$250 million LoC facility.

The Australian Renewable Energy Agency (ARENA) has committed an additional AU$95.4 million (US$66.8 million) in funding to the Australian Centre for Advanced Photovoltaics (ACAP), extending the research programme's operations to 2033.

Aiko has signed a 1.2GW module supply deal with Infinity Power to supply modules for the latter’s Nefer Menya solar-plus-storage project.

Developer Lightsource bp has reached financial close on the 171MWdc Glorit solar PV power plant, north of Auckland, New Zealand.

Distributed solar developers including MCEC, Aligned Climate Capital and Catalyst Power have secured funding across US projects.

Navitas announced investment, Bondada secured EPC contract, SolarSquare raised US$53 million, Gujarat Inject and Waaree won module orders.