finance

February 28, 2023
Solar module underperformance has nearly doubled since 2019, accounting for around US$2.5 billion in projected losses for the global solar industry.
February 21, 2023
Energy major TotalEnergies has signed two power purchase agreements (PPA) with fellow French industrial gases company Air Liquide for 260MW of solar PV and wind power. The power offtaken will supply the Secunda oxygen production site in South Africa.
February 17, 2023
US-based independent power producer Altus Power has reached financial close on 220MW of solar PV assets representing an investment of approximately US$293 million.
February 14, 2023
Israel-headquartered smart energy technology company SolarEdge's yearly net income in 2022 dropped by 45%, despite the total revenue increasing by 58% year-on-year. 
February 13, 2023
Spanish renewable energy provider Iberdrola has secured a €150 million (US$160 million) loan from the European Investment Bank (EIB) to develop 400MW of PV and wind projects in Italy.
February 8, 2023
French renewables Voltalia has signed a €250 million syndicated credit facility that will be used to pre-finance construction work on new power plants.
February 8, 2023
US renewables developer Longroad Energy has reached financial close and begun construction on the 202MWdc Umbriel Solar project in Polk County, Texas.
February 8, 2023
Italian renewable energy group Enel Green Power has reportedly entered talks to sell a stake in its 3GW PV module manufacturing facility in Sicily.
February 6, 2023
German IPP SUNfarming Group has extended its relationship with investor HANSAINVEST Real Assets through a €50 million (US$53.8 million) mezzanine financing agreement to develop PV projects in Poland.
February 6, 2023
Renewables asset owner Brookfield Renewable has reported 2022 net income of US$138 million, improving from a loss in the same period a year earlier of US$66 million. Whilst in Q4 2022, it recorded net income of US$60 million, increasing from US$33 million in Q4 2021.

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