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finance
US ROUND-UP: Arevon, Doral secure project financing in Indiana; 220MW AES project comes online
September 4, 2024
Arevon said that the transaction made use of the Inflation Reduction Act’s (IRA) tax credit transferability scheme.
BNDES raises US$200 million for 402MW of new Brazilian solar capacity
September 3, 2024
The Brazilian Development Bank (BNDES) has raised R$1.14 billion (US$200 million) to support the development of 402MW of new solar capacity.
Top polysilicon producers post losses in H1 2024 after price crunch
September 3, 2024
According to Bernreuter Research, Tongwei Solar, GCL Technology, Daqo New Energy, and Xinte Energy all posted net losses in H1 2024.
Germany awards 2.1GW of ground-mounted solar in first tender since Solarpaket reforms
September 2, 2024
The auction closed on 1st July almost twice oversubscribed after 4,206MW of applications were submitted for the 2,148MW of tendered capacity.
JinkoSolar shipments rise in Q2 2024, revenues steady thanks to ‘irrational pricing’
August 30, 2024
Major Chinese solar manufacturer JinkoSolar has posted increased sequential shipments and revenues in its Q2 2024 results.
Lightsource bp breaks ground on 168MW solar PV project in New Zealand
August 30, 2024
Solar project developer Lightsource bp has commenced construction of its 168MW Kōwhai Park solar PV project in Christchurch, New Zealand, days after securing financing.
RWE, Axpo sign 628MW Polish solar and wind PPA
August 29, 2024
Axpo will offtake a combined 1,500GWh of solar PV and wind power annually from RWE Renewables Poland’s 628MW capacity project portfolio.
NZGIF finances US$48.7 million FNSF solar portfolio amid New Zealand energy crisis
August 28, 2024
NZGIF has provided a NZ$78 million (US$48.7 million) financing facility to FNSF to help complete around 1.1GW of new solar projects.
McKinsey: US and Europe need nearly 200GW of new clean energy deployments
August 27, 2024
Europe and the US could need to announce close to 200GW of new clean energy capacity by 2030 to meet the world’s energy transition goals.
Meyer Burger to scrap 2GW Colorado solar PV cell manufacturing plant
August 27, 2024
Meyer Burger will scrap its proposed 2GW solar cell manufacturing plant in Colorado, claiming that the project is not 'financially viable'.
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