Markets & Finance

Spanish renewables developer Greenalia has closed US$200 million in three-year credit facilities to support the development of solar PV, energy storage and wind projects in the US.

ACWA Power has secured loan financing of US$2.3 billion (SAR8.6 billion) to support the construction of three new solar projects in the state.

Members of the European Parliament, the ESMC and Uyghur representative groups discussed the alleged ongoing forced labour and exploitation of the Uyghur population in Xinjiang province.

SJVN Green Energy, a subsidiary of Indian state-owned utility SJVN, has launched a tender seeking nearly 2GWp of PV module supply for several projects across India.

Brazil has imported 17.5GW of solar modules in 2023, slightly down from the previous year, according to Brazilian PV research and consultancy firm Greener.

The legislation Assembly Bill 2619 aims to restore incentives for residents who generate clean power for the grid.

Spanish solar developer Soltec has agreed to provide 164MW of its SF7 solar tracker to a Blue Ridge Power project in the state of Virginia.

The Netherlands has launched a new subsidy aimed at supporting domestic manufacturing of solar panels, batteries and electrolysers.

SunPower has posted a lowered customer growth for four quarters in a row and a net loss of US$247 million for FY2023.

Enerparc has secured bridge financing for a 325MW solar portfolio in Germany, which will include co-located battery storage projects.