finance

The European Bank for Reconstruction and Development (EBRD) will provide up to US$229.4 million to ACWA Power to develop a 200MW/500MWh solar-plus-storage project in Uzbekistan.

Spanish renewable power developer Zelestra has added €225 million (US$242.1 million) in loan financing to its funding streams.

The World Bank has committed US$1.5 billion to support India’s renewable energy transition, including new renewable power generation capacity.

Genex Power has secured a five-year US$107 million senior debt facility for its 50MW Kidston and Jemalong solar projects in Australia.

Last week’s Intersolar Europe 2024 event saw the PV industry’s leaders meet in Munich to discuss the biggest trends in the sector.

US independent power producer (IPP) Doral Renewables has signed a deal for a US$400 million minority equity investment from Dutch pension fund APG.

Canadian asset manager Brookfield has signed a share purchase agreement with French independent power producer (IPP) Neoen.

AEMO has revealed that by 2050, AU16 billion must be invested to enable the growth of grid-scale wind and solar in Australia.

Global Solar Council offers policy recommendations to increase the installed solar capacity and address barriers slowing its deployment.

Soltec has published its financial results for the first quarter of 2024, which include revenues of €121 million (US$130 million).