Americas

Independent power producer (IPP) Arevon Energy has closed a US$600 million credit facility to support its solar PV and energy storage portfolio in the US.

Voting on the US tax reconciliation bill is expected to begin in the Senate today, following a draft published on Friday that hit clean energy tax credits hard.

US clean energy developer Clearway Energy Group has received corporate credit facilities over US$1 billion.

A round-up of news from the US solar sector this week, including Akuo, Meta and RWE.

A group of minority shareholders in Norwegian silicon firm REC Silicon has triggered an investigation into the circumstances surrounding the closure of the company’s US polysilicon production site.

Adapture Renewables and Meta have signed two EAPAs that will see the latter acquire power from a 360MW Texas solar portfolio.

First Solar has sold US$311.8 million in tax credits to “a leading financial institution” under the rules set out in the IRA.

Spanish energy utility giant Iberdrola has appointed the former CEO of its US renewable energy development subsidiary, Avangrid, as its new head.

US EPC contractor SOLV Energy has acquired high-voltage (HV) transmission contractor Arizona-based Spartan Infrastructure.

US IPP BrightNight and Canadian asset manager Cordelio Power have reached commercial operations at a 300MW solar PV plant in Arizona, US.