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The Apex Solar project has a capacity of 105MW. Image: Enlight Energy

Enlight bags US$400 million for 364MW/1.2GWh New Mexico solar-plus-storage

July 31, 2024
Independent Power Producer (IPP) Enlight Renewable Energy has closed financing for the battery energy storage system (BESS) portion of its 364MW/1.2GWh Atrisco solar-plus-storage project in New Mexico, USA.
Ilmatar's Joroinen airport solar farm in Finland. Image: Ilmatar.

EU issues second cross-border renewables tender under RENEWFM

July 31, 2024
The tender will seek ground-mounted solar PV projects and onshore wind capacity, though the Commission has yet to announce the tendered capacity.
Microgrids have proven popular in rural markets, but have also started to be picked up in urban areas to mitigate power outages. Image: Steama Co.

Mirova invests US$20 million in West African C&I solar developer

July 30, 2024
The long-term debt financing will enable ManoCap to consolidate its business in Ghana and Sierra Leone and expand into neighbouring markets.
Silfab Solar is aiming to expand its module production capacity in the US by 1.3GW by 2024. Image: Silfab Solar

IRA transferability market reaches US$11 billion in H1 2024

July 30, 2024
Crux said that the tax credit transferability market has “outpaced expectations” from when the Department of Treasury released guidance on the scheme in June 2023.
Image: Recurrent Energy

EIB makes two loans to back PV in Southern Europe

July 25, 2024
Greek energy company DEPA Commercial and solar developer Recurrent Energy both secured loans from the bank this week.
Solar-wind hybrid project

Pexapark reports 1.5% decline in European PPA prices in June

July 25, 2024
Pexapark's latest report notes a 1.5% decline in the average price of a PPA signed in Europe from the end of May to the end of June.
nextera energy

NextEra Energy posts increased earnings in Q2 2024

July 25, 2024
US energy company NextEra Energy posted adjusted earnings of US$1.968 billion in its Q2 2024 financial results, a roughly 9% increase compared with the same period in 2023.
Frontier Energy's Bristol Springs solar project will have a power capacity of 114MW. Image: Frontier Energy

120MW solar-plus-storage project in Western Australia aided by AU$215 million debt finance

July 25, 2024
Frontier Energy has secured a AU$215 million debt facility to construct and operate a 120MW solar-plus-storage facility in Western Australia.
Shipping containers on a boat.
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The costs to the solar industry of a price on carbon

July 24, 2024
Policies in the EU and US to impose a carbon price on imported materials and goods will inevitably hit solar manufacturers.
an aerial view of a solar project in poland

GoldenPeaks Capital secures funds for 177MW Polish PV portfolio

July 24, 2024
Swiss renewable energy investment group GoldenPeaks Capital and German commercial bank Nord/LB have closed €109 million in financing to support two solar PV project portfolios in Poland.

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