Financial & Legal

The European Bank for Reconstruction and Development (EBRD) has increased its equity stake in Infinity by US$40 million.

Mooring solutions provider Mooreast has commenced feasibility studies to develop up to 500MW of floating renewables in Timor-Leste.

During a week marked by significant developments, ACME Solar and Reliance NU Energies win SJVN tenders while Emmvee launches IPO.

Pine Gate Renewables has filed for Chapter 11 bankruptcy to pursue a court-supervised sale of its solar and energy storage portfolio, along with its independent power producer (IPP) platform.  

EDF Renewables, in partnership with SPIC HHDC and SAPCO, has secured financing for the 400MW solar PV projects in Saudi Arabia.

Apple has signed a power purchase agreement (PPA) with Danish developer European Energy for renewable electricity from the 108MW Lancaster solar park in Victoria, Australia.

Average renewable energy PPA deal price fell marginally to €46.37/MWh (US$53.36/MWh) in Europe in the last week of October, per Pexapark.

IPP ContourGlobal has closed its first renewable energy project financing in the US, as it continues to expand its presence in the country.

Dr KT Tan, CTO at Viridian Solar, chronicles how the expansion of solar raises questions about supply chain transparency and ethical sourcing.

US thin-film module manufacturer First Solar has unveiled plans to build a new 3.7GW manufacturing plant in the US in 2026.