finance

Actis has entered a strategic partnership with the companies behind a 3.5GW solar, 4.5GWh storage project in the Philippines.

The increase in frequency, severity and range of severe weather events is having a growing impact on renewable projects year-round.

Arevon said that the transaction made use of the Inflation Reduction Act’s (IRA) tax credit transferability scheme.

The Brazilian Development Bank (BNDES) has raised R$1.14 billion (US$200 million) to support the development of 402MW of new solar capacity.

According to Bernreuter Research, Tongwei Solar, GCL Technology, Daqo New Energy, and Xinte Energy all posted net losses in H1 2024.

The auction closed on 1st July almost twice oversubscribed after 4,206MW of applications were submitted for the 2,148MW of tendered capacity.

Major Chinese solar manufacturer JinkoSolar has posted increased sequential shipments and revenues in its Q2 2024 results.

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.