funding

The US Department of Energy (DOE) has announced plans to release US$20 million in funding for solar waste reduction and lifecycle technologies, including US$8 million of funding from the Bipartisan Infrastructure Law.

Japanese conglomerate Itochu Corporation has announced a plan to invest US$2 billion in renewable energy generation assets in the US and Canada.

The Democratic Republic of Congo's energy company Nuru has secured US$40 million for the construction of 13.7 MWp.

Goldbeck Solar has secured a loan of €44 million to fund four new solar PV plants, with a combined capacity of 93MWp, in Canada and Chile.

The Dutch government will invest up to €412 million into “circular solar panels” under its National Growth Fund.

Spanish utility Endesa has signed two loans with Instituto de Crédito Oficial (ICO), a Spanish state finance agency, and the European Investment Bank (EIB) worth €500 million to fund solar and wind projects in the country.

Independent power producer (IPP) Energix Renewables has secured US$520 million for six utility scale solar projects that are expected to generate 416MW of electricity.

The government of the Australian Capital Territory has announced an initiative to fund the adoption of rooftop solar PV within its borders.

Solar wafer producer NexWafe has secured a €30 million (US$32 million) investment to accelerate the construction of its first commercial-scale wafer plant in Bitterfeld, Germany.

Accelergen Energy will use the funds to develop "a multi-gigawatt pipeline of high quality solar and storage projects".