finance

Toyo Solar has raised around US$50 million to finance the expansion of the company’s cell manufacturing work in Houston, Texas.

Europe will not be able to produce a “disruption” in the solar manufacturing industry, according to Peter Fath, CEO of RCT Solutions.

Origis has secured a US$900 million package, which consists of US$650 million in credit facilities and a US$250 million LoC facility.

Norwegian independent power producer (IPP) Scatec has reached financial close for the 120MW Sidi Bouzid II solar PV project in Tunisia.

Developer Lightsource bp has reached financial close on the 171MWdc Glorit solar PV power plant, north of Auckland, New Zealand.

Distributed solar developers including MCEC, Aligned Climate Capital and Catalyst Power have secured funding across US projects.

PV Tech Premium sat down with Anne Loomis, partner at Troutman Pepper Locke, to discuss the safe harbour deadline for US solar developers.

The deployment of renewable energy capacity in Spain has driven a decoupling from volatile global gas prices, resulting in a 19% reduction in consumer electricity bills.

Silicon valley tech giant Meta has signed another power purchase agreement (PPA) with RWE for a solar project in Texas.

German renewables developer Juwi will cut jobs and reduce its management staff in response to declining margins and “significant economic pressure” in the German renewables market.