Financial & Legal

The US Department of Energy (DOE) will need to invest US$25 billion by 2030 to maintain its position as a leader in the global energy sector.

The world invested US$554 billion into solar PV projects in 2024, leading renewable electricity generation sources, according to IRENA.

International solar manufacturer Canadian Solar has posted stable financials in Q3 2025, as its solar module and battery energy storage system (BESS) sales shift.

The European Bank for Reconstruction and Development (EBRD) has increased its equity stake in Infinity by US$40 million.

Mooring solutions provider Mooreast has commenced feasibility studies to develop up to 500MW of floating renewables in Timor-Leste.

During a week marked by significant developments, ACME Solar and Reliance NU Energies win SJVN tenders while Emmvee launches IPO.

Pine Gate Renewables has filed for Chapter 11 bankruptcy to pursue a court-supervised sale of its solar and energy storage portfolio, along with its independent power producer (IPP) platform.  

EDF Renewables, in partnership with SPIC HHDC and SAPCO, has secured financing for the 400MW solar PV projects in Saudi Arabia.

Apple has signed a power purchase agreement (PPA) with Danish developer European Energy for renewable electricity from the 108MW Lancaster solar park in Victoria, Australia.

Average renewable energy PPA deal price fell marginally to €46.37/MWh (US$53.36/MWh) in Europe in the last week of October, per Pexapark.