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Finance hurdles threaten strong PV growth in Africa – Global Solar Council

March 12, 2025
Ongoing investment barriers are preventing Africa from realising the full potential of its solar resources despite strong growth in 2024, according to a Global Solar Council report.
Image: Getty

Nexwell Power inks 145MW PPAs in Spain with ‘one of the largest US tech companies’

March 12, 2025
The company said it would supply "one of the largest tech companies in the US" with roughly 2.9GWh of solar power from 2026 through 2040.
Teresa Ribera speaks at the European Parliament.

European Commission launches consultation into Clean Industrial Deal state aid framework

March 12, 2025
The European Commission has launched a consultation seeking feedback on the State aid Framework accompanying the Clean Industrial Deal.
The Kelso Solar project in the US.

Arevon secures US$509 million in finance for 430MW Missouri solar portfolio

March 11, 2025
Arevon Energy has secured US$509 million in financing for its Kelso 1 and 2 PV projects in Missouri, which have a combined capacity of 430MW.
A Burgenland Energie project.

EIB supports 2GW Austrian renewable power portfolio as new government considers solar taxes

March 7, 2025
The European Investment Bank (EIB) has committed €250 million to support the development of Burgenland Energie’s 2GW solar and wind portfolio.
Image: Unsplash

US Environmental Protection Agency unfreezes US$7 billion Solar For All funds

March 6, 2025
The US Environmental Protection Agency (EPA) has reportedly unfrozen funds under its US$7 billion Solar For All Programme.
Adapture Renewables' Wildberry Solar Center in Tennessee.

Adapture Renewables secures US$321 million debt facility from MUFG for US solar portfolio

March 5, 2025
Adapture Renewables has secured US$321 million in finance from MUFG to support the development of a 441MW solar portfolio in the US.
sma solar inverters in germany

SMA Solar inverter sales and income mirrors ‘declining’ residential, C&I markets

March 5, 2025
SMA Solar posted preliminary net losses of €117.7 million (US$126 million) in 2024—down from €225.7 million in income last year.
european energy

European solar buyers report increased optimism despite module price variations

March 4, 2025
Europe’s solar buyers are showing increased optimism for the sector, in spite of fluctuations in module prices across technologies.
Sunnova in Puerto Rico.

Sunnova revenues rise in 2024, issues future concerns amid ‘terrible’ political & financial environment

March 4, 2025
Despite revenue improvements, the company signalled doubts over its ability to continue operations and stay afloat over the coming year.

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