Financial & Legal

The Australian government will underwrite 32GW of renewable energy generation and energy storage to stimulate clean energy investment.

PV Tech spoke to Isabel Rodriguez, managing director at Glennmont Partners, about the challenges for the European solar supply chain.

Parliament’s decision has been met with both approval and some trepidation by representatives in the European solar industry. It will now pass to negotiations with the European Council to clarify its specifics.

Of its three major operational markets – the US, Europe and Latin America – Grenergy particularly highlighted Chile as a fulcrum for leveraging up its solar and storage businesses.

Summit Ridge Energy and PureSky Energy have established financing facilities, while Mainstream has closed funding for a 97.5MW solar project.

Small-scale utility and community solar developer Renewable Properties has secured a US$25 million development capital investment to continue developing its 1GW US community solar project pipeline.

Norwegian energy company Statkraft has acquired Spanish renewables developer Enerfin for an estimated €1.8 billion (US$1.9 billion).

National Grid Renewables has signed two power purchase agreements for its Blevins solar project in the US state of Texas.

Leeward Renewable Energy has raised US$580 million in tax commitments and debt facilities for two renewable power projects.

Enertis Applus+ has become the technical advisor for the 438MW Boa Sorte solar project for a consortium including Atlas Renewable Energy.