funding

AES Dominicana has raised US$368 million in a loan facility that will be used to finance renewable energy projects in the Dominican Republic.

Econergy has closed a €60 million funding facility with Austrian bank Raiffeisen for its 155MW Ratesti solar project in Romania.

Recurrent Energy has announced the funding for its 300MW Ciranda solar project, which consists of a US$100 million (BRL490 million) package.

Summit Ridge Energy and PureSky Energy have established financing facilities, while Mainstream has closed funding for a 97.5MW solar project.

Ashtrom Renewable Energy has raised US$270 million in funding for its 400MWdc Tierra Bonita solar project in the US state of Texas.

The US Department of Energy has agreed to supply up to US$3.3 billion in loan funding to US residential solar developer Sunnova.

BlueWave has raised US$91 million in new funds to support five solar agrivoltaic projects in the US state of Massachusetts.

TeraPlast has received €1.1 million from the EU via the national government to build a 4.56MWp PV plant in northern Romania.

The Australian Renewable Energy Agency (ARENA) has announced a new round of funding to develop and deploy microgrid technologies across regional and remote communities, including a majority of it allocated for microgrid projects in First Nations communities.

This week, Microsoft, Clearloop, Greenbacker and SolarBank have made notable investments into small-scale and community solar projects.