Financial & Legal

Albania has launched its fifth round of auction for new PV projects, and is aiming to add 300MW of new capacity to the country’s energy grid.

Tandem PV has secured US$6 million to advance research and development and plans to build its first manufacturing plant.

UK-based renewable energy developer SSE Renewables has acquired a 400MW solar portfolio in Poland.

India-based renewables developer Avaada Group has signed a memorandum of understanding (MoU) with the Indian government of Gujarat to develop 6GW of hybrid solar-wind capacity.

Greek renewables developer Mytilineos has reached financial close on four solar PV projects in Chile, combining 588MW of capacity.

Europe has to find a balance between a rapid need to scale up PV manufacturing capacity and innovation to remain competitive, according to a report from The European Technology & Innovation Platforms for Photovoltaics (ETIP PV).

Infrastructure investment manager I Squared Capital has agreed to invest up to US$400 million in Brazilian distributed generation company Órigo Energia.

A consortium of EDF Renewables and Korea Western Power Corporation (KOWEPO) has reached financial close on a 500MW solar PV plant in the Sultanate of Oman.

Renewables investor Aquila European Renewables has secured a €50 million (US$54.7 million) debt facility through a 180MWp solar PV portfolio in Spain.

The European Bank for Reconstruction and Development (EBRD) has invested €100 million to into Taaleri Energia's renewables fund SolarWind III.