Financial & Legal

The construction of the Lidsø solar park started in the summer of 2024 and it is expected to be commissioned this summer.

CIP said it expected the CI V fund to add up to 30GW of renewable energy generation and storage assets to global energy grids.

US independent power producer (IPP) Catalyze has secured US$400 million in debt facility from investment firm ATLAS SP Partners.

China's latest tender results show the spot price of n-type modules increasing from RMB0.7/W to as much as RMB0.75/W.

Many of the mechanisms used to manage the finances of the solar sector have not kept pace with the rate of capacity additions.

The Philippines has started an auction scheme for renewable power paired with storage which aims to tender over 9GW of capacity.

Estonian IPP Sunly has secured a €62 million (US$68 million) loan to build and operate the Baltics 'largest' PV plant.

Ongoing investment barriers are preventing Africa from realising the full potential of its solar resources despite strong growth in 2024, according to a Global Solar Council report.

German IPP Enerparc has secured a €266 million financing package for the construction and operation of a 400MW solar PV portfolio in Germany.

Solar and storage projects accounted for 84% of electricity generating capacity added in 2024, with solar seeing 50GW of new capacity.