project finance

Norwegian independent power producer (IPP) Scatec said it has put on hold a 900MW solar project in India due to a lack of supply of domestic modules and the upcoming introduction of a new import duty.

This year could be a tipping point for Europe’s green hydrogen sector, with a flurry of activity predicted if the necessary policy environment is achieved, according to research and consulting firm Delta-EE.

Saudi solar developer ACWA Power has signed a memorandum of understanding (MoU) with Natixis Corporate & Investment Banking (Natixis CIB) that will see the partners explore opportunities to develop projects, including renewable energy plants.

Solar risk manager kWh Analytics has launched a new offering that it says allows PV project owners to receive upfront payments in return for maintaining asset performance.

The equity transfer comes weeks after Meralco launched a 2MW/2MWh battery electric storage system 50km north of Manila that will work to stabilise energy from a 3.8MW solar farm.

Credit Agricole and Korea Development Bank provide construction and term debt for the US$210m, 150MW first project phase, due to go live next spring.

Funding package of US$150m will finance solar and onshore wind projects that will generate 1,900 jobs.

The project, financed by US Bank, HSBC, Rabobank and Nord/LB is expected to become operational mid-2020.

A new report from the Climate Bonds Initiative noted that the Brazilian green bonds market has now reached US$3.67 billion.

Canadian Solar’s Japanese project fund has been approved for listing by the Tokyo Stock Exchange.