Financial & Legal

Q2 2019 results show small-scale solar specialist reversing losses of last two quarters, with US$11m capital raise being mulled as short-term borrowings continue to pile

Azure Power and Mahindra Susten were the reverse auctions' big winners, winning 370MW and 450MW respectively across both tenders.

Development financier walks PV Tech through project milestones under first solar-only stage of renewable programme, set now to diversify with €300m funding extension.

Europe’s top PV market must drive five-fold solar boom and hit 59GWh storage capacity by 2040 if it is to plug gaps left behind by phase-outs, says industry-backed analysis.

The southeast Asian state's "relatively favourable investment environment," its thriving domestic solar manufacturing industry and "low political, economic and operating risks" will spur solar development, according to Fitch.

New 287.11MW auction for ≤20 MW PV schemes sees Athens slightly trim capacity on offer from earlier tender, with bidding set to start at €66.02/MWh.

Global solar investor adds to Aussie large-scale push with new AU$150m loan scheme for smaller ventures, certified by green finance players.

Residential player Solaria turns to individual investors to bankroll boost of manufacturing capacity, said to already have doubled via deal with Shinsung this year.

Credit Agricole and Korea Development Bank provide construction and term debt for the US$210m, 150MW first project phase, due to go live next spring.

European Investment Bank mulls shifting lending to batteries and market-based clean energy projects as part of policy reboot to help EU lead fight against climate change.