finance

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).

Enel Green Power Australia confirmed its AU$190 million solar-plus-storage project in NSW, Australia, will commence construction in Q3 2024.

Lawrence Berkeley National Laboratory (LBNL) research shows that the use of solar panels on US homes can cut energy burden to as low as 1.3%.