The International Finance Corporation (IFC) has finalised a US$653 million debt package for 13 solar projects at the Benban Solar Park, near Aswan in Egypt.
US residential solar PV and energy storage installer Sunrun has secured a US$244.5 million of senior secured credit facilities from a syndicate of lenders for future growth.
Brazilian bank Banco do Nordeste announced that it will provide financing for a portfolio of PV projects in Brazil that boast a combined generation capacity of 482MW.
Leading Taiwanese solar cell and module manufacturer Motech Industries said it was entering into a Joint Venture (JV) with metallisation paste supplier, Giga Solar Materials Corp to establish a solar module assembly plant in Taiwan to meet future domestic demand.
‘Silicon Module Super League’ (SMSL) member Canadian Solar is selling various interests in three solar farms in Queensland, Australia to UK-based renewables firm, Foresight Solar Fund.
With many of the top-20 module suppliers to the solar industry now having multi-GW shipment volumes, attention has turned firmly to assessing metrics that companies can use to benchmark the quality and reliability of shipped products against their competitors.
