finance

Solar project developer Lightsource bp has commenced construction of its 168MW Kōwhai Park solar PV project in Christchurch, New Zealand, days after securing financing.

Axpo will offtake a combined 1,500GWh of solar PV and wind power annually from RWE Renewables Poland’s 628MW capacity project portfolio.

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.

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 will scrap its proposed 2GW solar cell manufacturing plant in Colorado, claiming that the project is not 'financially viable'.

With the involvement of new companies in solar, this influx of actors without experience could pose risks for solar project financing.

Generate Capital and KeyState Renewables have closed their third joint fund, which has supported the development of 53.5MW of community solar.

Net revenues for the quarter (for both CSI Solar and Recurrent Energy, the manufacturing and project development businesses) were US$1.6 billion, a 23% increase from US$1.3 billion in Q1.

Emeren has announced its financial results for the second quarter of this year, which include revenue of US$30.1 million.

Against the backdrop of uncertain economics in the PV sector as a whole, the price of high-purity quartz sand has also fallen.