finance

Canadian solar developer OYA Renewables has secured US$27 million in financing from City National Bank, the US subsidiary of the Royal Bank of Canada.

Brazil will invest BRL50 billion (US$9.5 billion) in new transmission lines and infrastructure to boost solar and wind deployments.

Enel North America  and global food giant Nestlé have partnered on a Texas solar-plus-storage project with both an investment and a power purchase agreement (PPA) in place.

PV Tech spoke with Peter Dickson, partner at Glennmont Partners, one of Europe’s largest renewable energy investment managers, about PPAs, legislation and price capping. 

PV manufacturer Hounen Solar has announced plans for its first US solar module manufacturing facility in South Carolina, a 1GW factory representing US$33 million in investment.

US-based solar PV manufacturer SEG Solar has closed the acquisition of a 2GW PV module plant in Houston, Texas.

US independent power producer (IPP) Navisun has secured financing of up to US$235 million through two debt facilities, which it says will contribute to its growth strategy and executing its project pipeline.

Greek utility Public Power Corporation S.A (PPC) has signed a deal to purchase the entirety of Enel Group’s Romanian equity and assets.

Renewable energy investor Copenhagen Infrastructure Partners (CIP) has acquired the majority share in Mulilo Energy Holdings, a South African independent power producer (IPP),

US PV manufacturer Silfab has closed a US$125 million investment led by ARC Financial Corp to fund a 1GW solar cell manufacturing facility in the US.