Markets & Finance

Radial Power has raised US$80 million in tax equity financing from the Bank of America to develop 96MW of new solar capacity in the US.

Sabanci Renewables has raised US$185 million in tax equity funding to complete the financing of its Cutlass Solar II project.

SunPower has breached a credit agreement, and Enphase Energy has announced layoffs, raising concern over the companies' ability to operate.

French renewable power company Voltalia has commissioned a 140MW solar project in southern Albania, said to be the country’s largest to date.

The European Commission has granted €65 million to 17 renewable technology projects, including a solar agrivoltaics project in France.

The tender is seeking bids for up to 600MW/2,400MWh of dispatchable capacity in South Australia and Victoria.

Lightsource bp has sold a solar portfolio in Australia with a combined capacity of 1GW to Beijing Energy International Australia.

The European Commission has called on Europe’s governments to “enhance their efforts” to accelerate the energy transition.

The strength of the Inflation Reduction Act (IRA) is dependent on other implemented policies, according to Giovanni Bertolino, head of 3Sun USA.

The head of 3Sun USA speaks with PV Tech Premium about IRA's ongoing challenges, from disparity of module capacity to high interest rates.