From module makers and BOS producers to utility-scale developers and community solar companies, the Inflation Reduction Act (IRA) has taken centre stage at this year’s RE+ in Anaheim, California.
German investment firm Aquila Capital has raised €1 billion in financing to support the development and construction of a 2.6GW renewables pipeline in Spain and Portugal over the next three years.
The European Bank for Reconstruction and Development (EBRD) is providing up to US$100 million in financing to support the development of 150MW of solar in Turkey.
Toronto-based renewables developer Amp Energy has closed on a US$155 million tax equity and debt financing round for its solar-plus-storage portfolio in the US.
US Solar Fund has sold a purchase option over its 50% interest in the 200MW Mount Signal 2 (MS2) PV project in southern California to renewables company MN8 Energy, which was formerly known as Goldman Sachs Renewable Power.
US renewables developer Arevia Power will accelerate its work on new solar and wind projects in the country after securing an investment from KKR and asset management firm GCM Grosvenor.
LONGi has increased the planned production capacity of a new ingot and wafer project from 20GW to 46GW, with the originally planned high-efficiency mono cell capacity of 30GW and high-efficiency PV module capacity of 5GW remaining unchanged.
TCL Zhonghuan has announced a US$200 million investment into Maxeon Solar Technologies that will allow the company to access Maxeon’s IBC solar cell platform, while using Maxeon's position as a global player to set up shop in international markets.
