finance

Net revenues for the quarter (for both CSI Solar and Recurrent Energy, the manufacturing and project development businesses) were US$1.6 billion, a 23% increase from US$1.3 billion in Q1.

Emeren has announced its financial results for the second quarter of this year, which include revenue of US$30.1 million.

Against the backdrop of uncertain economics in the PV sector as a whole, the price of high-purity quartz sand has also fallen.

Birch Creek Energy has completed financing, and commissioned, its 42MW Altona Solar project in the US state of Missouri.

The European Bank for Reconstruction and Development (EBRD) has provided a €25.1 million loan for 50MW of solar in Bosnia and Herzegovina.

Anza has launched a new programme to provide industry decision-makers with real-time information on solar products.

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.