funding

The Bank of China has supplied ACWA Power with a US$80 million equity bridge loan for the latter’s Tashkent solar-plus-storage portfolio.

The US Department of Energy has invested up to US$22 million to improve planning, siting and permitting of large-scale renewable projects.

The US Department of Energy (DOE) will commit US$475 million in funding for five clean energy projects at mine sites across the US.

ARR and Apollo have entered into a US$30 million royalty investment with Apex to aid in the latter’s commissioning of the 195MW Angelo solar farm.

Meyer Burger has called an emergency general meeting to approve final funding for its Colorado and Arizona manufacturing plants.

Appetite to invest in US community solar projects has seen increased interest since last year, boosted by the Inflation Reduction Act.

The Connecticut Green Bank has more than doubled its support for commercial-scale solar, and will now commit US$110 million to new facilities.

Albania has launched its fifth round of auction for new PV projects, and is aiming to add 300MW of new capacity to the country’s energy grid.

Tandem PV has secured US$6 million to advance research and development and plans to build its first manufacturing plant.

Indian commercial and industrial (C&I) renewables developer Serentica Renewables has secured funding for a 530MW round-the-clock hybrid project in India.