Markets & Finance

Analysis: Just as the energy crisis following Russia’s invasion of Ukraine led to a European pivot on clean energy, the US-Israel war on Iran presents another potential turning point, this time with a wider global reach.

Enery has closed a €460 million (US$534 million) syndicated green project financing for a 761MWp solar, 1GWh-plus BESS project in Romania.

The EU’s “Industrial Accelerator Act” (IAA) for key domestic manufacturing sectors has been met with mixed reactions by the continent’s solar industry.

PPA prices are set to continue to rise in the short-term, “as demand outpaces supply”, accotding to Geoffrey Lehv of kWh Analytics.

The European Commission is inviting proposals for ground-mounted solar projects under the latest round of its cross-border tender programme.

Singapore has raised its solar PV deployment target to 3GW by 2030 after reaching its previous 2GW target in 2025.

A consortium of companies led by Global Infrastructure Partners (GIP), a subsidiary of global asset owning giant BlackRock, is set to acquire US utility AES Corporation in a US$10.7 billion deal. 

The LCOE for fixed-tilt solar PV increased by 6% in 2025, according to BNEF, but solar remains the cheapest source of electricity.

Massachusetts’ state energy efficiency bill contains some positive support for solar energy but falls short on efforts to reduce energy bills, according to US renewables advocacy groups.

The final months of 2025 saw a surge in US residential solar installations as homeowners sought to take advantage of the end of the federal tax credit for purchased systems, according to the solar marketplace EnergySage.