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Shreeyashi Ojha

SAEL, through its subsidiary SAEL Solar P6 Private Limited, is investing INR82 billion (US$954 million) in the project. Image: Markus Spiske via Unsplash

SAEL to build 10GW solar cell and module plant in India

July 15, 2025
Indian renewable energy company SAEL Industries is developing a 5GW solar cell and 5GW module manufacturing facility in Greater Noida, Uttar Pradesh.
The agreement spans a duration of 25 years and is valued at SAR22.5 billion (US$6 billion). Image: ACWA Power

ACWA Power signs 12GW solar PV PPAs in Saudi Arabia

July 14, 2025
ACWA Power has signed power purchase agreements (PPAs) with Saudi Power Procurement Company (SPPC) for five solar PV projects in the country.
The funding was structured through CIP’s Green Credit Fund I (CI GCF I). Image: Elements Green.

Elements Green secures US$93.5 million for 13GW pipeline

July 14, 2025
Elements Green has secured €80 million (US$93.5 million) in financing from Danish investment firm Copenhagen Infrastructure Partners (CIP).
As per the agreement, MN8 can issue additional notes in 2026 and 2027 as more projects become operational. Image: Unsplash

MN8 Energy raises US$575 million to refinance 517MW of PV projects

July 14, 2025
Solar and storage developer MN8 Energy has raised US$575 million to refinance three PV projects in North Carolina, Kentucky and Illinois.
bechtel

Sabanci Renewables to build 156MW solar project in Texas

July 11, 2025
Sabanci Renewables, the North American subsidiary of Turkish conglomerate Sabanci Holdings, is building a 156MWdc solar project in McLennan County, Texas.
A Juniper Green Energy project.

Juniper Green Energy commissions 217MWp solar project in Maharashtra

July 11, 2025
Indian independent power producer (IPP) Juniper Green Energy has commissioned an additional 71MWp at Chapalgaon Solar Project in Solapur, Maharashtra.
Under the agreement, the funding package remains valid until mid-2029. Image: BayWa r.e.

BayWa r.e. secures US$3.5 billion in funds to build its renewables portfolio

July 10, 2025
German renewables company BayWa r.e. has secured a €3 billion (US$3.5 billion) loan for 'operational initiatives and pipeline expansion.'
The project, powering 50,000 homes, created over 275 jobs locally. Image: Invenergy Renewables.

Invenergy commissions 250MW solar project in Indiana

July 10, 2025
US renewables developer Invenergy has launched commercial operations of 250MW Fairbanks Solar Energy Center in Sullivan County, Indiana. 
The greenfield project is scheduled for commissioning by 2028. Image: Copenhagen Energy via LinkedIn.

Copenhagen Energy, Thy-Mors Energi to develop 100MW solar-plus-storage project in Denmark

July 10, 2025
Copenhagen Energy has partnered with Thy-Mors Energi to set up a 100MW PV and BESS project in Ballerum, about 370km from Copenhagen. 
Image: Michael Pointner/unsplash

Shakti Pumps raises US$34 million for 2.2GW solar cell and module plant in India

July 9, 2025
Indian solar water pump and motor manufacturer Shakti Pumps has successfully raised INR2.9 billion (US$34.1 million) to build a solar cell and module manufacturing plant.

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