Financial & Legal

Utility giant puts forward Francisco Pizarro 590MW project in Extremadura region, just north of separate 500MW scheme already under construction.

Former firm raises US$175m debt package for 256.5MW Kiamal while latter marks commercial launch of 110.9MW Beryl, now supplying Sydney’s trains.

Retroactive scrapping of feed-in tariffs in the early 2010s lands Madrid in major defeat against developer NextEra, which sought arbitration over project losses.

Country fails to dismiss case brought by bankrupt developer over losses from FiT changes, joins Spain among EU states risking multi-million payouts for policy u-turns.

Japanese firm wraps up construction of fourth large-scale project to date in Vietnam, with plans to switch the installation on in next few days.

Dutch financier FMO buys 40% stake of FiT-backed, €35 million Kamianka project, scheduled for commercial launch in Q4 2019.

Solar industry hails changes to motion that would have halted new PV projects on farming and natural land until impacts were fully understood.

Latest trade challenge will hurt Indian solar exports but local content mandates could offer major sales opportunities within India, manufacturer and analyst tell PV Tech.

Cloud Control, Vance Joy, Midnight Oil back scheme allowing artists to finance 34.55MW farm and others, with plans to sell power to Australia’s grid.

Solar PV to reap 20-35% of investments by vehicle billed as the largest renewable-only funding structure seen to date in Europe.