finance

NextPower V ESG (NPV ESG), an international fund operated by NextEnergy Capital (NEC), has acquired a 248MW Spanish solar PV portfolio.

The UK’s Standard Chartered Bank will provide a €249 million (£213 million) loan for Turkish investment company Kalyon Enerji.

At the same time, the company said that US trade laws and tax credits had created some uncertainty in the solar project market.

Data released this week by American Clean Power Association (ACP) showed that, since mid-2022, US$500 billion of investment has been planned for clean energy production and generation projects in the US.

The 3.3GW nameplate capacity facility will produce silicon ingots, wafers, cells and modules in what will be the largest vertically integrated solar manufacturing hub in the US.

In the three months to 30th June 2024, SunRun generated total revenue of US$523.8 million, down YoY from US$590.1 million in Q2 2023.

This is JERA Nex’s first foray into the US solar market and was executed in partnership with JERA Americas.

The €50 million green loan will support the design, construction and operation of five solar PV projects in Castilla y Leon and Extremadura.

The average price of monofacial n-type solar modules in Europe fell 13% over the month, from €0.128/Wp to €0.113/Wp.

Blueleaf Energy has reached financial close for a 200MW solar-plus-wind hybrid project, under development in Madhya Pradesh, India.