Financial & Legal

Europe will more than triple its renewable power capacity by 2050, but this rate will not be enough to meet climate goals.

Insurer kWh Analytics has been awarded US$500,000 to develop a 'tax credit insurance product' for the distributed renewable energy sector.

Although the investigation is still ongoing, the allegations are for an attempted fraud involving €340,000 (US$352,000) in European Union (EU) funds.

As of today, "goods produced by the named 37 entities will be prohibited from entering the United States," the government said.

Australia’s Clean Energy Regulator (CER) has taken compliance action under the small-scale renewable energy scheme (SRES) against rooftop solar PV retailer RACV Solar and Formbay Trading for allegedly using unaccredited installers.

Utility giant Engie North America has signed an Environmental Attributes Purchase Agreement (EAPA) with tech platform giant Meta.

The US Department of Commerce (DoC) has awarded polysilicon producer Hemlock Semiconductor up to US$325 million in direct funding.

Linea Energy has closed project debt financing for a 109MWdc utility-scale solar PV power plant in Wilcox County, Georgia, in the US.

The high cost of capital and growing community opposition to projects will be pressing challenges for the European solar industry in 2025.

Origis Energy has closed a US$415 million finance package for its 145MW Swift Air Solar project currently under construction in Texas.