Financial & Legal

The Australian government’s green bank, the Clean Energy Finance Corporation (CEFC), has confirmed it invested a record AU$3.5 billion (US$2.19 billion) in the six months to 31 December 2024.

Australia’s Minister for Climate Change and Energy, Chris Bowen, has called on the Australian Renewable Energy Agency (ARENA) to increase funding for community electrification initiatives involving solar PV and batteries.

REC Silicon has secured a US$40 million term loan from Hanwha International LLC, a subsidiary of Korean conglomerate and REC majority shareholder, Hanwha Solutions.

A JinkoSolar subsidiary has filed a patent infringement lawsuit against LONGi in Japan, demanding LONGi cease its 'infringement actions'.

The company will continue to list on the New York Stock Exchange under its NEP ticker symbol until 3rd February.

December 2024 saw 2GW of power purchase agreements contracted in Europe, making it the second strongest month of the year for off-take deals.

Silicon Ranch and United Power have signed a power purchase agreement (PPA) for the former’s 150MW Byers Solar Farm in Colorado.

Utility-scale solar and storage developer Solar Proponent has inked 1.6GWac of power purchase agreements (PPAs) across four solar PV power plants in Texas, US.

The Australian government has allocated an additional AU$2 billion (US$1.25 billion) to its green bank, the Clean Energy Finance Corporation (CEFC), to support renewable energy generation and energy storage.

Counties in Texas can expect to receive tax revenue of as much as US$18.8 million by locating a 100MW solar project on their land.