Markets & Finance

A consortium of EDF Renewables and Korea Western Power Corporation (KOWEPO) has reached financial close on a 500MW solar PV plant in the Sultanate of Oman.

GCLSI has signed a module supply contract with NTPC Renewable Energy to supply the company with 1.1GW of solar modules.

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.