finance

Danish renewables firm European Energy has reached financial close on a 137MW utility-scale solar PV portfolio in Australia.

Dimension Energy has secured US$360 million in financing to develop a 112MW portfolio of community solar projects across six US states.

US solar tracker manufacturer Array Technologies has acquired APA Solar, a producer of foundations and fixed-tilt racking for solar projects.

The US Senate Finance Committee draft bill is a “stake in the heart” of US solar manufacturing, according to Democrat senator, Ron Wyden.

Greek developer Metlen Energy and Metals, formerly known as Mytilineos, has refinanced a 532MW solar PV portfolio in Australia.

US tax credits for solar PV, wind power and electric vehicles are facing dramatic cuts, while those for energy storage are sustained.

The World Bank has approved a loan of around US$600 million to support the development of 540MW of new solar and wind capacity in Indonesia.

The European PPA space could see more tailored PPAs and hybrid deals, according to experts at the Renewables Procurement & Revenue summit.

Origis Energy has secured a financing package from MUFG to support the development of a 350MW solar portfolio in the US.

A group of Republican Congress members penned an open letter on Friday urging the US Senate to moderate proposed changes to renewable energy manufacturing and deployment support.