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The financing, led by SEB Lithuania and Swedbank Lithuania, will support three renewable energy assets.

European Energy secures US$158 million for 78.5MW solar park and 50MW BESS in Lithuania

June 3, 2025
Danish renewables firm European Energy has secured a €145 million (US$158 million) long-term loan to finance a 78.5MW solar park co-located with a 50MW battery storage plant in Anykščiai, Lithuania.
Image: Unsplash

US DOE budget proposal decimates renewable energy funding

June 3, 2025
The US Department of Energy budget proposal promises to remove funding for solar and wind energy and expand support for nuclear weapons.
A rooftop solar installation.

US DOE downsizes loan guarantee to Sunnova from US$3 billion to US$372 million

June 2, 2025
The US Department of Energy has downsized a loan to US residential solar installer Sunnova from an initial US$3 billion to US$371.6 million.
A Meyer Burger facility in Arizona.

US delays or cancels US$14 billion in clean energy investments under Trump presidency

May 30, 2025
Companies delayed or cancelled US$14 billion in investments in clean energy projects in the US in the first four months of this year.
The projects have a planned capacity of 91.6MWp and are expected to begin commercial operations by 2027.

R.Power sells 49.9% stake in 91.6MW solar projects in Poland

May 29, 2025
R.Power has sold a 49.9% stake in two of its special-purpose vehicles, which are developing a solar portfolio of 91.6MWp.
Solaria secures financing for 175MW Spanish PV plant linked to the development of a data centre

Solaria inks €94 million financing to build 175MW solar PV in Spain

May 28, 2025
Renewables developer Solaria has reached an agreement in principle with Spanish bank Banco Sabadell to finance a 175MW solar PV plant in Spain.
The Tropicana gold mine is co-owned by AngloGold Ashanti Australia and Regis Resources. Image: Pacific Energy.

QIC raises AU$2 billion to bolster Pacific Green’s renewables prospects

May 28, 2025
QIC, one of Australia’s largest infrastructure fund managers, has completed an AU$2 billion refinancing and equity raise for Pacific Energy.
Donald_Trump_credit-gage-skidmore-wikimedia-commons-768x512

US renewable energy credits face steep cliff edge in ‘One, Big, Beautiful Bill’

May 23, 2025
The US House of Representatives has passed a bill slashing tax credit provisions for clean energy projects.
'Negative capture prices are here to stay,' said Arhnue Tan, first left. Image: Solar Media

With ‘negative capture prices here to stay’, it’s time to rethink renewables

May 23, 2025
As European power markets consolidate and become more competitive, the increasing frequency of negative capture prices is challenging the viability of renewable energy projects.
Renewables Procurement & Revenue Summit 2025
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Renewable PPAs have become a clean energy ‘cornerstone’, but need further refinement in Europe

May 23, 2025
The PPA is a 'cornerstone' of the European renewables space, according to speakers at Solar Media's Renewables Procurement & Revenue Summit.

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