finance

The European Investment Bank (EIB) will support the RePowerEU scheme with €30 billion (US$29.7 billion) in loans and equity financing over the next five years, as it looks to secure Europe’s renewable energy future and reduce its dependence on Russian gas.

Meyer Burger has approved a capital raise to fund a buildout of the company’s manufacturing capacity for solar cells and modules to approximately 3GW.

Renewables developer ACEN Australia has secured an AU$75 million (US$47.8 million) investment to accelerate the delivery of an 8GW clean energy portfolio in Australia.

NextEra Energy has reported better-than-expected financial results for Q3 2022 despite the damage wrought by hurricane Ian as it continued to buildout its renewable energy pipeline and seeks to take advantage of the Inflation Reduction Act (IRA).

PV Tech Premium provides a round-up of several key policy measures and company announcements China last week, all with big implications for the global solar PV industry.

US microinverter manufacturer Enphase has plans to establish four to six new manufacturing lines in the US by mid-2023 as it seeks to take advantage of manufacturing production tax credits contained with the Inflation Reduction Act (IRA).

Spanish renewables platform Matrix Renewables has closed financing for construction of its California-based Gaskell 2 and 3 solar-plus-storage projects, which are already in an advanced construction phase.

Vena Energy Australia has closed funding for stage one of the 125MW Wandoan South PV project, which is co-located with energy storage.

Controlling interest in US developer Mission Clean Energy has been acquired for an undisclosed sum.

Risen’s president Sun Yuemao sat down with PV Tech to discuss a range of topics, including structural changes in the company, supply chain strategies and new cell technologies