Financial & Legal

EDF power solutions North America, a renewables subsidiary of French utility EDF, has achieved financial close on a 394MW solar PV project in the US state of Utah.

Anza Power has acquired the 110MWac Karioi and 95MWac Ongaonga solar PV power plants from Helios Energy in New Zealand.

Zelestra has signed a PPA with German steel manufacturer Salzgitter Flachstahl for a new solar-plus-storage portfolio in Germany.

ARENA has unveiled Launchpad, an AU$30 million (US$20 million) funding programme aimed at early-stage clean energy startups.

Thin-film cadmium telluride (CdTe) solar module manufacturer First Solar has adjusted its enforcement of tunnel oxide passivated contact (TOPCon) intellectual property (IP) strategy.

Two community solar platforms in the US have closed over US$370 million of financing to fund 200MW of new projects in New York and Illinois.

The average price of a renewable energy PPA signed in Europe in August reached €46.02/MWh, up from €45.01/MWh in July.

The financial difficulties of one of Europe’s best-known downstream solar companies highlight the faultlines running through the continent’s PV and energy storage business.

Independent power producer Invenergy has partnered with energy investment firm HA Sustainable Infrastructure Capital (HASI) to support 2.7GW of renewables across the US.

Sonnedix has secured US$1.3 billion refinancing covering 1GW solar and wind and 117MW BESS under construction in Chile.