Markets & Finance

Dimension Energy has secured US$360 million in financing to develop a 112MW portfolio of community solar projects across six US states.

Spain has released the results of its investigation into the April blackout, which ruled out renewables as the cause of the disruption.

The US Senate Finance Committee draft bill is a “stake in the heart” of US solar manufacturing, according to Democrat senator, Ron Wyden.

Founder Group has signed a US$220 million memorandum of understanding (MOU) with Chinese polysilicon producer GCL Technology.

Greek developer Metlen Energy and Metals, formerly known as Mytilineos, has refinanced a 532MW solar PV portfolio in Australia.

Australia’s minister for climate change and energy, Chris Bowen, has announced plans to streamline the Capacity Investment Scheme (CIS) to around six months.

The levelised cost of energy (LCOE) for utility-scale solar PV in the US has tightened for a third year in a row, according to Lazard’s latest report.

Blue Elephant Energy has received a €200 million (US$214 million) investment from European asset management company Infranity.

US tax credits for solar PV, wind power and electric vehicles are facing dramatic cuts, while those for energy storage are sustained.

The World Bank has approved a loan of around US$600 million to support the development of 540MW of new solar and wind capacity in Indonesia.