Financial & Legal

First Solar has highlighted the political and policy uncertainties in the US during its second quarter earning call.

FRV Australia has secured a AUS$1.2 billion (US$780 million) refinancing facility to support a 1GW portfolio of eight solar PV projects.

Solar PV accounted for 90% of all renewables that received an Administrative Construction Authorisation (AAC in Spanish).

The long-term debt financing will enable ManoCap to consolidate its business in Ghana and Sierra Leone and expand into neighbouring markets.

Crux said that the tax credit transferability market has “outpaced expectations” from when the Department of Treasury released guidance on the scheme in June 2023.

The portfolio consists of three solar projects – with 160MW, 67MW and 40MW of capacity each – located in Central Greece.

Masdar would acquire a minority stake in Enel Green Power Spain Solar which owns an operational solar PV portfolio of 2GW in Spain.

Uzbekistan will be the first country to benefit from the credit facility with the construction of a solar-plus-storage project in Bukhara.

Greek energy company DEPA Commercial and solar developer Recurrent Energy both secured loans from the bank this week.

Pexapark's latest report notes a 1.5% decline in the average price of a PPA signed in Europe from the end of May to the end of June.