Financial & Legal

US energy utility AES has posted an improved financial results for 2023 as it narrowed its yearly losses to US$182 million.

French independent power producer (IPP) Neoen has completed debt financing for a 1.5GW portfolio of solar, wind and battery energy storage assets in Australia.

US residential solar provider SunPower has secured over US$300 million in project financing commitments for its residential solar and storage lease programmes.

The Q1 2024 edition of PV Tech Power is available to download now. This issue focuses on PV module quality issues, risk mitigation, carbon pricing policies and much more.

Australian utility Origin Energy has acquired renewables developer Walcha Energy and its 1.3GW project pipeline of solar and wind assets.

The Eland 2 solar-plus-storage project is under early-stage construction and is expected to come online in the first quarter of 2025.

Solar developer Lightsource bp has closed a US$348 million financing package to support the construction of a solar portfolio in Texas, US.

SolarEdge's shipments declined sharply as it only shipped 901MWac of inverters in Q4 2023, down by 76.5% from 3,841MWac in Q3 2023.

Panellists at the Energy Storage Summit 2024 discussed the commercial opportunities for co-located projects.

India’s Central Electricity Regulatory Commission (CERC) has approved tariffs of INR2.6 (US$0.03)/kWh for a portfolio of solar projects.