Financial & Legal

A round-up of news coming from Europe, with IPP Encavis acquiring a 265MW solar PV portfolio in Italy, Iberdrola starting construction on 366MW of solar PV in its home country and IPP Sonnedix signing a renewables supply agreement with a subsidiary of Volkswagen in Spain.

Solar PV companies in the US are not waiting for guidance from the US Departments of the Treasury or Energy to act regarding Foreign Entity of Concern (FEOC), according to a survey conducted by Crux.

US solar PV module prices have stabilised at just over US$0.28/W in the three months to November 2025, according to Anza.

The average price of several types of solar PV modules remained stable in Europe in November, according to sun.store.

Spanish IPP Zelestra has signed an agreement to sell its 3.5GW Latin America renewables platform to Colombian natural gas firm Promigas.

Origis Energy has raised US$265 million in finance from Advantage Capital to support the development of a 305MW solar PV portfolio in the US.

The Italian government has granted awards to 474 solar PV projects, with a combined capacity of 7.698GW, under the FER X programme.

The Asian Development Bank has approved a US$650 million loan to accelerate rooftop solar PV deployment in India.

The Australian Renewable Energy Agency (ARENA) has announced up to AU$151 million (US$98 million) in conditional funding for Sunman Energy to establish a 500MW per annum solar module manufacturing facility in the Hunter Valley, New South Wales (NSW).

Astronergy and JA Solar have 'reached an agreement on cross-licencing' of tunnel oxide passivated contact (TOPCon) patents moving forward.