Markets & Finance

Renewables investor Aquila European Renewables has secured a €50 million (US$54.7 million) debt facility through a 180MWp solar PV portfolio in Spain.

Andel and Better Energy have entered a joint partnership to build a portfolio of “energy parks” with a total power capacity of 2GW.

Auxin Solar has filed a lawsuit against US government bodies for failing to collect payments relating to the AD/CVD tariffs on solar imports.

The European Bank for Reconstruction and Development (EBRD) has invested €100 million to into Taaleri Energia's renewables fund SolarWind III.

Indian commercial and industrial (C&I) renewables developer Serentica Renewables has secured funding for a 530MW round-the-clock hybrid project in India.

The European Commission (EC) has approved a €2.9 billion (US$3.2 billion) French aid scheme supporting investment in green industries.

Indian independent power producer (IPP) ReNew Power has sold a 300MW solar project in Rajasthan for US$199 million to India Grid Trust.

Iberdrola says that of the agreed amount €170 million has already been committed to finance onshore wind projects in Poland.

GreenIT, an Italian joint venture by oil group Eni and state lender Cassa Depositi e Prestiti (CDP) Equity, has signed an agreement with renewables developer Galileo to build 140MW of solar PV in Italy.

The renewable industry is facing a perfect storm of factors leading to tighter business interruption and equipment breakdown insurance terms.