Markets & Finance

Spanish electric utility Iberdrola has issued €850 million (US$932 million) in green bonds to investors, to support the development of new renewable projects around the world.

The US Department of Energy (DOE) has released US$45 million in funding to support domestic solar manufacturing and dual-use PV projects, US$18 million of which is issued under the Bipartisan Infrastructure Law.

Indian electric utility GUVNL has announced that it is accepting bids for two 600MW solar projects to be built at the Khavda renewables park.

Solar manufacturing jobs in the US will more than triple in the next 10 years, according to the Solar Energy Industries Association.

US thin-film module manufacturer First Solar has secured a five-year revolving credit and guarantee facility for US$1 billion.

The Australian government and the renewables sector in the country have been ramping up its energy transition efforts. Although a lot of new policies and projects were announced in recent years, experts said more has to be done to address labour shortages, skills gaps and reliance on fossil fuels.

European Energy has announced a plan to sell 49% of the stake of a 304MW solar plant in Denmark to Japanese conglomerate Mitsui.

Nordic Solar and EIG have signed an agreement on what the former calls a “flexible credit facility” to funding for the Nordic Solar's projects

UK-headquartered solar developer ib vogt has agreed to sell a 98.4MWp Italian solar portfolio to French renewable company Rubis Photosol.

The Democratic Republic of Congo's energy company Nuru has secured US$40 million for the construction of 13.7 MWp.