finance

Encavis has secured €145 million in financing to complete the construction of the 260MW Bartow solar park in Germany.

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.

The tender will seek ground-mounted solar PV projects and onshore wind capacity, though the Commission has yet to announce the tendered capacity.

The long-term debt financing will enable ManoCap to consolidate its business in Ghana and Sierra Leone and expand into neighbouring markets.

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.

Greek energy company DEPA Commercial and solar developer Recurrent Energy both secured loans from the bank this week.

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.

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 has secured a AU$215 million debt facility to construct and operate a 120MW solar-plus-storage facility in Western Australia.

Policies in the EU and US to impose a carbon price on imported materials and goods will inevitably hit solar manufacturers.