Photon Energy secures financing for two merchant solar plants in NSW

Photon Energy has secured financing for two merchant solar plants in New South Wales, Australia. The deal involves two solar plants with a total capacity of 150 MW. The financing terms were not disclosed. Photon Energy will develop and operate the plants, which are expected to generate enough electricity to power 70,000 homes. The project is part of Photon Energy's expansion plans in Australia.