Financial & Legal

Sustained private investment into UK solar is starting to produce results, at least with regard to the role of solar power in its energy mix.

The US Bankruptcy Court for the Southern District of Texas has approved the sale of substantially all of residential solar installer Sunnova's assets and business operations.

Dutch pension fund APG has agreed to provide Octopus Australia with AU$1 billion to support its solar, wind, and BESS portfolio.

First Solar has completed a deal to sell US$391 million in tax credits, bringing its total tax credit sales this year to over US$1.5 billion.

Lucy Nation has said bp paid the price for proceeding “too quickly,” resulting in its exit from the 26GW AREH project in Pilbara.

Spanish solar energy company Soltec has found an investor that will acquire 80% of the company’s shares in a restructuring move.

Spanish oil major Repsol has agreed to sell 40% stake in US renewables developer Hecate Energy, settling outstanding dispute.

Solar developer Atlas Renewable Energy has secured BRL1 billion (US$179 million) in financing for a 579MW Brazilian solar PV complex.

Australia’s Clean Energy Finance Corporation (CEFC) has announced it has invested a record AU$4.7 billion (US$3.09 billion) in large-scale renewables, energy storage, and transmission projects during the 12-month period ending 30 June 2025.

KKR has invested AU$500 million in Australia’s CleanPeak Energy to support the rollout of DERs such as rooftop solar PV and battery storage.