finance

The Western Australian government has unveiled an AU$153.3 million (US$109 million) 'Made in WA Energy Affordability Investment Program (MEAIP)' designed to accelerate decarbonisation across the state's manufacturing sector through low-interest loans of up to AU$15 million per business.

A roundup of European solar stories, with developments from Sonnedix, Helleniq, Nuveen Infrastructure and Nord/LB.

Spanish independent power producer (IPP) Zelestra has secured a US$176 million green financing package for its 242MWdc Babilonia solar project in Peru. 

Renewable energy platform Lyra Energy has reached financial close on its 255MW solar PV project in Thakadu, South Africa.

Australia & Canada have signed their first bilateral Clean Energy Partnership, establishing a framework for cooperation across five key areas.

Origis Energy has secured US$545 million in financing for three utility-scale solar projects with a combined capacity of 413MW in Texas.

Enery has closed a €460 million (US$534 million) syndicated green project financing for a 761MWp solar, 1GWh-plus BESS project in Romania.

PPA prices are set to continue to rise in the short-term, “as demand outpaces supply”, accotding to Geoffrey Lehv of kWh Analytics.

The European Commission is inviting proposals for ground-mounted solar projects under the latest round of its cross-border tender programme.

Kardinia Energy has received AU$2.15 million in funding to accelerate the scale-up of its flexible printed solar technology manufacturing.