Financial & Legal

LevelTen's Plácido Ostos tells PV Tech Premium why the average price of solar PPAs signed in Europe has stabilised after months of decline.

The loan guarantee will allow for the development of up to 200MW of solar PV and 285MW/1,140MWh of standalone BESS in Puerto Rico.

TCL Zhonghuan Renewable Energy is Maxeon's largest shareholder and invested almost US$200 million in the company this year.

Board chair Christine Detrick cited an "ongoing disconnect between the share price and our view of intrinsic value."

The US added 18.5GWac of utility-scale solar capacity in 2023, and added 14.3GWac of such capacity in the first eight months of 2024.

In its World Energy Outlook 2024 report, the IEA said that geopolitical tensions and fragmentation are “major risks” for international energy supply security

Independent power producer BNZ has closed a financing deal worth €680 million (US$741million) to fund its ongoing solar portfolio expansion plans in southern Europe.

France installed 4GW of solar PV capacity in 2023, a “record” according to the International Energy Agency (IEA).

US independent power producer (IPP) BrightNight has secured US$260 million in tax-equity finance from investment banks JP Morgan and Capital One, to aid in the development of a 300MW solar PV power plant in Pinal County, Arizona.

The world will need to invest US$1.5 trillion per year until 2030 to meet the target of tripling clean power capacity by 2030.