Financial & Legal

Global corporate financing in the solar industry reached US$6.5 billion in the third quarter of 2025, a 14% increase from the same period a year ago.

US solar tracker manufacturer Nextracker and Saudi-based energy company Abunayyan Holding have formed a joint venture (JV) in Saudi Arabia.

The average price of a solar PPA signed in Europe in Q3 2025 fell below €35/MWh, reaching €34.25/MWh, according to LevelTen Energy.

Infrastructure investment firm Nuveen Infrastructure has secured US$171 million in financing for a 137MW solar PV plant in South Korea.

Aviva Investors and Astatine have announced an €800 million (US$928 million) investment in renewable energy and decarbonisation solutions.

Recurrent Energy, Ampliform and Dimension Energy have announced new financing rounds this month for US solar projects.

Utility giant Engie has signed a 15-year renewable energy power purchase agreement (PPA) with tech giant Apple in Italy.

Independent power producer (IPP) Atlas Renewable Energy has secured up to US$475 million in financing for a 357MW solar-plus-storage project in Chile.

According to Ronak Maheshwari of CRC-IB, there has been a struggle for US renewable power projects to secure necessary equity .

Jakson Green and Blueleaf Energy have reached financial close for the 840MWp Bikaner solar projects in Rajasthan, western India.