funding

The Australian Renewable Energy Agency (ARENA) has announced a new round of funding to develop and deploy microgrid technologies across regional and remote communities, including a majority of it allocated for microgrid projects in First Nations communities.

This week, Microsoft, Clearloop, Greenbacker and SolarBank have made notable investments into small-scale and community solar projects.

Origis Energy has established a US$750 million funding facility to develop 2GW of large-scale solar and energy storage facilities in the US.

The New Zealand government and BlackRock have launched a NZ$2 billion (US$1.2 billion) fund to support renewable generation in the country.

Santander and ib vogt have concluded a financing deal to provide €350 million for solar projects under construction in the latter's portfolio

The European Investment Bank (EIB) has granted a €575 million (US$637 million) loan to Spanish oil major Repsol to roll out 1.1GW of renewables in Spain.

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.