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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.
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Trump executive order creating fresh anxiety in US solar market

July 11, 2025
Analysis: A presidential executive order issued on Monday tightening up project start rules is causing concern among developers.
PV Price Watch 4
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PV Price Watch: China’s polysilicon and wafers see price hikes across the board

July 11, 2025
According to the latest pricing data from the Silicon Industry Branch, released on 9 July, the transaction price range for n-type dense polysilicon has oscillated between RMB34,000-38,000/ton (US$4,741-5,299/ton).
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.'
Sunnova

Sunnova, Omnidian enter into US$7 million stalking horse asset purchase agreement

July 10, 2025
US solar residential installer Sunnova has entered into a stalking horse asset purchase agreement with Omnidian for some of its assets.
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.
A ReNew project in India.

ReNew Power receives final buyout offer at US$8 per share

July 7, 2025
ReNew has received a non-binding final acquisition offer from a consortium at US$8 per share, which is 13.2% more than their earlier offer.
Image: Trina Storage.

European PV module price and buyer confidence fall slightly in June 2025

July 7, 2025
In Europe, PV panel prices fell marginally between May and June, leading to a slight downturn in European module buyers’ market confidence.
Supported by 11 international banks globally, the debt term for the loan has been extended to 2029. Image: Zelestra.

Zelestra secures additional US$252 million sustainability-linked loan

July 3, 2025
Spanish IPP Zelestra has secured a €235 million (US$277 million) increase to its sustainability-linked loan, bringing the total to €770 million.

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