Financial & Legal

The world is on pace to exceed 3TW of cumulative solar installations by the end of the year, according to a report from DNV.

The retroactive collection of duties on historical solar imports to the US has been temporarily paused pending the outcome of an appeal.

Officials from Norway and Egypt have agreed provisional terms for the financing of the Dandara solar park in Egypt, which is being built and operated by Norwegian IPP Scatec.

OpenSolar has secured US$13.1 million in equity financing from technology investors, including Titanium Ventures, Google and others.

US utility AES Corporation is reportedly in discussions to be acquired by Global Infrastructure Partners (GIP), a subsidiary of global asset owning giant BlackRock.

SunStrong Management has raised US$900 million to refinance a 'large portfolio' of residential solar assets developed by SunPower.

Chinese government policies and supply-side production cuts will drive a significant increase in solar and storage component costs.

Global investor KKR has acquired 50% of a 1.4GW solar portfolio in North American from French oil major TotalEnergies.

German renewables developer ABO Energy is looking to begin owning and operating its energy projects in a transition from a “pure play” developer to an independent power producer (IPP) model.

Italian energy utility Enel has issued a US$4.5 billion (€3.8 billion) bond seeking investment from “US and international” investors.