Independent power producer (IPP) Greenbacker Renewable Energy Company has secured US$950 million in aggregate financing to support the acquisition, construction and operation of a 500MWac solar PV power plant being pursued in the state of New York, US.
The Australian government’s green bank, the Clean Energy Finance Corporation (CEFC), has confirmed it invested a record AU$3.5 billion (US$2.19 billion) in the six months to 31 December 2024.
Australia’s Minister for Climate Change and Energy, Chris Bowen, has called on the Australian Renewable Energy Agency (ARENA) to increase funding for community electrification initiatives involving solar PV and batteries.
REC Silicon has secured a US$40 million term loan from Hanwha International LLC, a subsidiary of Korean conglomerate and REC majority shareholder, Hanwha Solutions.