L R AS Published on Monday 13 December 2021 - n° 386 - Categories:funding
Financial highlights: First Solar, Sunbooster, SunPower, Photosol, ACWA-Natixis, ib vogt
Financial highlights: First Solar, Sunbooster, SunPower, Photosol, ACWA-Natixis, ib vogt
500 million loan to set up a thin-film production plant in India
which is expected to have a capacity of 3.3 GW-dc in the Tamil Nadu region. The plant is expected to start production in the second half of 2023 and sell its output to the Indian market. Editor's note: This move into India is a major step forward for First Solar, which until now has been primarily American. This will allow us to establish ourselves industrially and commercially in the country with the greatest potential for expansion of solar installations. This will give the American company a new stature with this internationalisation of its activity. It is taking advantage of the success of its current product (the Series 6) to better distribute it.
4.7m to market a thermal protection barrier for solar panels, using rainwater. It improves the annual electrical performance of the panels by about 10% and guarantees the longevity of the power plant, without any risk of damage to the equipment or danger to the sites equipped.
Establishment of a credit facility to facilitate solar installations for SunPower customers. This solution allows the customer to have a single point of contact for design, installation, and lending. Editor's note: This is not the first time that a company has wanted to expand its business into the financial sector. It is rarely a success because finance is a specific field far removed from the original activity. So after a few years, the client portfolio is usually sold to a professional
42.5m for the construction of six PV plants in France, with a total capacity of 50.2 MWp
Natixis Corporate & Investment Banking (Natixis CIB) financing of ACWA projects
45 million for the German company ib vogt
https://www.pv-tech.org/us-approves-us500m-loan-for-first-solars-india-module-production-plant/
https://www.pv-tech.org/acwa-signs-financing-deal-with-natixis-for-up-to-us2bn-of-projects/
