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US independent power producer (IPP) Enfinity Global has secured €25 million (US$27 million) in assetco financing towards the construction of a 134MW solar PV project portfolio in Italy.

ARR and Apollo have entered into a US$30 million royalty investment with Apex to aid in the latter’s commissioning of the 195MW Angelo solar farm.

Spanish independent power producer Grenergy has secured €175 million (US$190 million) in green financing for the construction of 300MW Spanish solar portfolio.

Recurrent Energy, the project development subsidiary of Chinese solar manufacturer Canadian Solar, has closed financing for the 119MW Horus Solar project in the region of Aguascalientes, Mexico.

Major Chinese polysilicon producer Daqo New Energy saw both production and sales of polysilicon increase by around 50% in 2023 compared with 2022, whilst the dramatic drop in polysilicon prices slashed revenues from US$4.6 billion to US$2.3 billion over the same period.

Engie North America – a regional subsidiary of French energy company Engie – has closed US$1 billion in tax equity financing to support a 1.3GW portfolio of solar PV and wind assets across the US.

US energy utility AES has posted an improved financial results for 2023 as it narrowed its yearly losses to US$182 million.

International solar developer Atlas Renewable Energy has acquired its first solar PV project in Colombia from Rayo Energia.

MPC Energy Solutions has started construction of a 65MWp solar project in Guatemala, and plans to commission the project by mid-2025.

At present, there are limited studies on the processes of decommissioning solar projects and cost estimates vary wildly.