Financial & Legal

Magdalena Hilgner of PLAY explains that projects that deliver power reliably and at a fair price will always be attractive for offtakers.

As solar panel prices continue their downward trend in November, module prices are expected to face a ‘slight uptick’ in December, according to the latest pv.index report.

Australia’s Global Power Generation (GPG) has secured an AU$2.3 billion (US$1.49 billion) financing facility to support the development of its 1.8GW renewable energy and storage portfolio.

Power from the project, which is under construction, will be sold to PGE under a 25-year contract and marketed through its Green Future Impact (GFI) scheme.

French independent power producer (IPP) TSE has secured €65 million (US$68 million) bond financing from asset management firm Eiffel Investment Group for a 800MW agrivoltaics portfolio.

MA Solar Italy, a subsidiary of McLaren, acquired FIMER for an undisclosed fee amid challenges for the inverter market.

Masdar acquired 70% of Terna Energy’s outstanding shares at €20 per share, valuing the company at an enterprise value of €3.2 billion.

Located in the southern region of Arequipa, the Matarani Solar Project started operations for power exports and sales in July 2024.

Serbia has launched its second renewable energy auction, seeking 124.8MW of solar capacity alongside 300MW of wind capacity.

Speakers at LSSCEE 2024 discussed key topics for the Eastern European solar sector, including storage, private investment and risk management.