Markets & Finance

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

Under this new domestic content requirement, solar PV cells based on crystalline-silicon technology would be considered to be domestically manufactured only if they used undiffused silicon wafers.

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

Osaka Gas has partnered with Clean Max Enviro Energy Solutions to form a JV to develop a 400MW renewable energy portfolio in India.

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.

The European Commission has launched a consultation seeking feedback on the State aid Framework accompanying the Clean Industrial Deal.

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

The ninth auction for rooftop solar PV awarded 54 projects with an average price of €98.2/MWh, a slight decrease from the previous tender.