Markets & Finance

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.

Canadian-headquartered power producer Capital Power has signed a supply agreement with US thin film solar module manufacturer First Solar in the first cooperation between the two companies.

Goldbeck Solar has secured a loan of €44 million to fund four new solar PV plants, with a combined capacity of 93MWp, in Canada and Chile.

Portugal has updated its national energy and climate plan (NECP) and targets an installed capacity of 20.4GW of solar PV by 2030.

Jonathan Touriño Jacobo caught up with Vladimir Tabutov, founder and CEO of Bulgarian solar power project developer HEC Solar, following Solar Media’s Large Scale Solar Europe event in Lisbon, Portugal. They spoke about recent and upcoming changes in the Bulgarian regulations regime for adopting renewable energy technology.