Financial & Legal

The ISA already has the World Bank and EIB on board and is expected to sign another deal with EBRD tomorrow.

Specialist semiconductor and PV equipment supplier Intevac has reported delays in supplying a 12 unit order for its ‘ENERGi’ solar ion implant tool to a customer in China planning to ramp N-type mono IBC (Interdigitated Back Contact) solar cells and modules.

Going to Indian courts over renegotiations of solar power purchase agreements (PPAs) can be a costly and time-consuming process, but is this where the trouble ends?

State Bank of India (SBI) is to lend INR23.17 billion (US$357 million) to seven companies for 575MW of grid-connected rooftop solar projects under a World Bank programme.

Polysilicon producer REC Silicon ASA benefited from higher sales volumes and ASP increases to report a 23% increase in revenue in the third quarter of 2017.

UK-based developer Lightsource Renewable Energy has now also reached financial close on a 60MW project in the state of Maharashtra.

The International Finance Corporation (IFC) has finalised a US$653 million debt package for 13 solar projects at the Benban Solar Park, near Aswan in Egypt.

WElink Energy has started construction of a 221MW solar PV plant in Portugal that will not benefit from subsidies.

Scatec Solar and its partners have reached financial close for six PV projects in Egypt with a combined generation capacity of 400MW.

India’s Ministry of New and Renewable Energy (MNRE) is finalising laws that will include penalties for state governments and distribution companies (Discoms) that do not honour power purchase agreements (PPAs), according to power minister R.K. Singh.