Financial & Legal

Renewables developer rPlus Energies has secured US$100 million in tax equity financing for its 125MW solar PV plant in the US state of Idaho.

Indian solar module manufacturer Vikram Solar reported a 79.7% year-on-year increase in revenue for the first quarter of FY26.

Japanese solar cell manufacturer Toyo Solar has sold 1.6GW of solar PV cells in the first half of 2025, driving revenue of around US$139 million.

Nautilus and Summit Ridge Energy secured major financing deals to expand community solar projects across multiple US states.

The US is forecast to reach between US$55-60 billion in clean energy tax credit monetisation in 2025, according to a report from clean energy financing technology platform Crux.

The average price of solar modules sold in Europe fell marginally between July and August, while buyers’ confidence remained steady.

Euclid Power has raised US$20 million Series A round led by Venrock to develop AI-driven platform and services for renewables. 

ClearGen has entered into a US$150 million partnership with Davis Hill to build 245MW of community and commercial solar projects in the US.

During a week of major US clean energy developments, ContourGlobal, PSE, Arevon, and Ameren Missouri advanced solar projects across four states in the US.

Newly formed firm Solaris Assets has acquired the business operations and assets of Texas-based residential solar installer Sunnova.