State renewables standards increasingly vulnerable

Chilean mining projects are emerging rapidly as more sponsors look for environmental approval. A wide variety of financing plans will emerge, including project finance and balance sheet deals. By Nic Stone

Revenue share offtake contracts are emerging in the Australian battery storage market. The market now offers a range of contracts including virtual tolling agreements. By Alexandra Dockreay

DFIs and private credit funds are looking at financing merchant battery storage schemes in Central and Eastern Europe. Deals and structures are starting to emerge. By Cristiana Sandeva

The impact of the current global instability has quickly moved beyond the Gulf as energy prices have jumped leading to new concerns about inflation and growth. The Covid pandemic upset the infrastructure applecart with interest rate hikes and inflation and there are fears once again rates will jump, even if the situation is resolved quickly. The problems at NCP have provided a little light relief, although not obviously for those involved.

India’s corporate renewable power purchase agreement market has evolved rapidly. Over the past five years, corporates have moved beyond procuring clean energy essentially for sustainability reporting to embedding it into their operations and energy procurement strategy. By Khawar Iqbal, managing director and head of infrastructure finance and Gaurav Kala, vice-president, infrastructure finance, HSBC India

Grid instability, tepid prices and weak PPA appetite has eroded Iberia’s solar returns. Storage and hybridisation are emerging as the sector’s most credible defences, as risk profiles and financing models across the peninsula shift. By Hassan Butt