Markets & Finance

The credit facility consists of US$275 million term loan, a $175 million revolving credit facility, and a $150 million letter of credit facility.

Chinese solar module manufacturer Hanersun will supply 400MW of its n-type modules to Brazilian solar investment platform Solfácil for its distributed generation operations.

The European Commission has approved this week Italy’s and Hungary’s aid schemes to support renewable energy projects.

Econergy has closed a €60 million funding facility with Austrian bank Raiffeisen for its 155MW Ratesti solar project in Romania.

A total of about 8.5GW of solar capacity was added in the first three quarters of 2023 in India, down by 25% year-on-year.

Lightsource bp has launched a request for submissions for its latest multi-buyer corporate power purchase agreement in Europe.

Germany’s auction for solar installations on buildings and noise barriers has awarded contracts to 88 bids with a cumulative capacity of 191MW.

The European Commission has opened this year’s Innovation Fund with a budget of €4 billion to support the development of decarbonisation technologies.

Recurrent Energy has announced the funding for its 300MW Ciranda solar project, which consists of a US$100 million (BRL490 million) package.

Extremely high population density and the necessity to use land for agriculture are the reasons for building FPV in Southeast Asian countries.