finance

Group lands deal to build 100MW worth of plants in southern Russia, securing a €56.2 million loan to develop a further 90MW in projects in Kazakhstan.

IFC, ADB anchor green bond structure meant to fund 5GW-by-2025 renewable goal of Philippines player, with PV plants under construction in Vietnam.

Octopus survey finds grid-scale plants are most sought-after asset class for institutional financiers, with Australian names the most enthusiastic.

‘Solar Module Super League’ (SMSL) member Canadian Solar has surprised with an upwardly revised PV module shipment forecast for the fourth quarter of 2018.

Leading PV manufacturing equipment supplier Meyer Burger has sold its photovoltaic, semiconductor and sapphire wafering business to Precision Surfacing Solutions for CHF 50 million (US$49.8 million) in cash.

Cubico Sustainable Investments has closed the financing for two solar projects in Portugal totalling 29.4MW.

The corporate power purchase agreement (PPA) market is currently struggling from a “large gulf” in understanding that standardised contracts could solve, but the industry is still a “long way off” from introducing them.

The continued growth of the secondary solar market on a pan-European scale will result in “exciting times” for the sector, but big utilities are unlikely to stay on the sidelines.

Cubico Sustainable Investments will acquire a 580MW portfolio of solar projects from US developer Cypress Creek Renewables.

China-based PV energy provider (PVEP) Panda Green Energy Group has issued a profit warning for the full year 2018.