Markets & Finance

The levelised cost of energy (LCOE) for utility-scale solar PV in the US has tightened for a third year in a row, according to Lazard’s latest report.

Blue Elephant Energy has received a €200 million (US$214 million) investment from European asset management company Infranity.

US tax credits for solar PV, wind power and electric vehicles are facing dramatic cuts, while those for energy storage are sustained.

The World Bank has approved a loan of around US$600 million to support the development of 540MW of new solar and wind capacity in Indonesia.

The LC will enable Redeux to fund development costs tied to interconnection and power purchase agreement (PPA) commitments across projects. Image: Redeux Energy.

US solar residential installer Sunnova has received court approval for a US$90 million debtor-in-possession financing agreement.

Amazon plans to invest AU$20 billion to expand Australia’s data centre infrastructure, with utility-scale solar PV plants set to power these.

The European PPA space could see more tailored PPAs and hybrid deals, according to experts at the Renewables Procurement & Revenue summit.

As our annual PV ModuleTech USA event kicks off in Napa, California next week, “uncertainty” is the watchword for the US solar industry.

Earthrise Energy has secured US$630 million for its 270MWac solar project in Gibson City Solar, Illinois.