finance

The European Investment Bank (EIB) and FirstRand Bank have allocated €400 million (US$444 million) to support the development of solar PV and wind generation projects in South Africa.

PV Tech Premium spoke with Arevon about IRA transferability, domestic content, being an IPP and why they're building in Indiana.

Aggreko Energy Transition Solutions has closed US$66 million in loan financing to develop 88.5MW of distributed solar capacity in the US.

Namibian utility NamPower has secured financing and EPC contractors for its 100MW Rosh Pinah solar PV project.

The PV industry is set for a humbling 2025, with the current manufacturing downturn expected to extend well into 2026.

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.