Financial & Legal

Canada-based renewables company Polaris Renewable Energy has executed a mixed investment agreement for a 250MW solar-plus-storage portfolio in Mexico.

Polysilicon producer United Solar has reached financial close on a US$50 million equity investment from the World Bank Group's International Finance Corporation (IFC) for its polysilicon facility in Oman.

Swedish independent power producer (IPP) OX2 has acquired the Corop solar-plus-storage project in Victoria, Australia, adding a 230MWac solar PV power plant and up to 290MW/1,160MWh of battery energy storage to its Australian portfolio.

Grenergy has launched a reverse auction in Chile to sell 1.5TWh of annual electricity supply backed by its solar PV and BESS portfolio.

The Asian Development Bank (ADB) has approved a US$160 million loan to support the deployment of at least 310MW of new solar capacity in Bhutan.

The LCOE for solar PV increased marginally in 2025, reaching US$44/MWh, up from US$43/MWh in the previous year.

New Jersey’s legislature has passed a bill to enable plug-in solar in the state, becoming the tenth state to advance such a bill.

SK Inc and KKR have agreed to establish a KRW2 trillion (US$1.29 billion) renewable energy platform that will combine 1.7GW of operating generation assets.

Canadian independent power producer (IPP) Boralex and its Swiss investor partner, Energy Infrastructure Partners, have secured €1.45 billion (US$1.65 billion) in financing to support Boralex's renewable energy business in France.

The US ITC has found North Carolina-based Voltage Energy in violation of two patents owned by Tennessee-based eBOS manufacturer Shoals.