Financial & Legal

The refinancing deal will allow MaxSolar to build a portfolio of around 1.3GW of renewable energy capacity.

Germany’s vertical bifacial PV specialist Next2Sun has filed for the initiation of insolvency proceedings under self-administration for parts of the company.

Japanese trading company Sumitomo has invested in a utility-scale renewable energy park combining solar PV, wind and energy storage in India.

Enel has completed the acquisition of seven PV sites in the Southern US, via its wholly-owned subsidiary, Enel Green Power North America.

A round-up of the latest financing news from the US PV industry, with Maxwell Power, CleanChoice Energy and Lydian Energy securing a combined US$1.3 billion.

First Solar has filed a patent lawsuit against JA and some of its subsidiaries, as well as American Panel Solutions, a wholly-owned subsidiary of Corning.

Spanish energy and water infrastructure group Cox has secured financing for a 75.2MWp solar project in Guatemala.

Independent power producer Rezolv Energy has secured a €561 million (US$637 million) financing for its 1.3GWp Dama Solar project in Romania.

Proparco and Banco Santander have invested into Grupo Enhol’s 467MW Illa solar PV project, which is currently under development in Peru.

Imports of PV modules to Brazil have dropped by 48% year-on-year in the first half of 2026, from 10.6GW in 2025 to 5.5GW in 2026.