REC Silicon has secured a US$40 million term loan from Hanwha International LLC, a subsidiary of Korean conglomerate and REC majority shareholder, Hanwha Solutions.
Utility-scale solar and storage developer Solar Proponent has inked 1.6GWac of power purchase agreements (PPAs) across four solar PV power plants in Texas, US.
The US Department of Energy’s (DOE) Loan Programs Office (LPO) announced two conditional commitments and one loan closing in Puerto Rico, totalling over US$1.2 billion.