finance

The consortium building the Al Sadawi PV power plant in Saudi Arabia has reached financial close on the 2GW project.

Solar and energy storage developer SolAmerica Energy has raised US$100 million through a revolving credit facility with Deutsche Bank. 

Investment fund Stonepeak has launched a new Middle Eastern renewables platform headed up by a former executive at Jinko Power.

Maxeon shipped just 153.2MW of modules in the first half of this year, just 15% of the capacity sold in the first half of 2024.

JP Casey investigates efforts currently being made to standardise the offtake agreement for the renewable power sector.

The World Bank has approved a loan and investment worth up to US$250 million for United Solar’s planned polysilicon production plant in Oman.

Over 1.4GW of PV capacity has been allocated in the second round of Romania's contracts for difference (CfD) programme.

Madrid-headquartered renewables developer Elawan has signed a 10-year power purchase agreement (PPA) to support a 150MW solar PV portfolio in northern Spain.

Juniper Green Energy has secured INR17.39 billion (US$197 million) in debt financing from government-backed Indian Renewable Energy Development Agency (IREDA). 

CEA said the US could lose 60GW of planned solar capacity if strict "start of construction" rules come into force.