Financial & Legal

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.

Foresight Group-backed developer NZ Clean Energy (NZCE) and Fonterra have signed a long-term virtual power purchase agreement (PPA) under which the dairy cooperative will purchase electricity generated by NZCE's Darfield solar-plus-storage project in Canterbury.

PV Tech Premium sat down with Anne Loomis, partner at Troutman Pepper Locke, to discuss the safe harbour deadline for US solar developers.

UAE state-owned renewables developer Masdar has acquired a 49.99% stake in a 705MW operational renewables portfolio in Spain from oil major Repsol.

US independent power producer (IPP) Cypress Creek Energy has secured US$3.5 billion in financing to support the development of a 1.63GW/1.9GWh solar-plus-storage project in Arkansas.

The European Union has launched an investment platform to expand renewable energy, clean technology manufacturing and electricity networks across the Mediterranean region.