Markets & Finance

Spanish solar developer Solarpack has closed a US$176 million senior financing package for a 300MW solar PV plant in Peru.

The CPUC has approved requests made by utilities in the state to allow solar and storage facilities to use Limited Generation Profiles.

Primergy has signed a “long-term” power purchase agreement (PPA) with California community solar initiative San Diego Community Power (SDCP).

Trina Solar has signed an agreement with renewables wholesaler CCL Energy Group to supply 1.2GW of i-TOPCon modules to Europe.

With solar a global industry, perhaps a global approach is the best way to ensure a more consistent supply of funding.

UAE state-owned renewable energy developer Masdar has acquired a 50% stake in US IPP Terra-Gen from Energy Capital Partners.

Japan has announced the new feed-in tariffs (FIT) for residential and commercial and industrial (C&I) solar installations for 2024 and 2025.

Spanish utility Iberdrola has planned to invest €15.5 billion (US$17 billion) in renewables by 2026 and commission 6GW of solar PV and onshore wind by 2027.

Global investor KKR has acquired a majority stake in US-based solar and energy storage developer Avantus.

Italian grid operator Terna has planned to invest €16.5 billion (US$18 billion) in the next five years to strengthen and expand Italy’s transmission grid.