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US utility-scale solar PV LCOE tightens to US$38-78/MWh in 2025 – Lazard

June 17, 2025
The levelised cost of energy (LCOE) for utility-scale solar PV in the US has tightened for a third year in a row, according to Lazard’s latest report.
The funding agreement will support the development and construction of Blue Elephant’s 1GW renewable energy pipeline across Europe. Image: Blue Elephant Energy.

Blue Elephant Energy secures US$214 million from Infranity

June 17, 2025
Blue Elephant Energy has received a €200 million (US$214 million) investment from European asset management company Infranity.
Mike-Crapo-Senate-Finance-Committe-chairman-via-YouTube-1024x518

Senate Finance Committee reconciliation bill slashes solar PV, wind incentives, energy storage survives

June 17, 2025
US tax credits for solar PV, wind power and electric vehicles are facing dramatic cuts, while those for energy storage are sustained.
The Vena Energy Lombok solar project in Indonesia.

World Bank provides US$600 million loan for 540MW of new Indonesian solar and wind capacity

June 17, 2025
The World Bank has approved a loan of around US$600 million to support the development of 540MW of new solar and wind capacity in Indonesia.
The LC will enable Redeux to fund development costs tied to interconnection and power purchase agreement (PPA) commitments across projects. Image: Redeux Energy.

Redeux Energy secures US$30 million credit facility

June 16, 2025
The LC will enable Redeux to fund development costs tied to interconnection and power purchase agreement (PPA) commitments across projects. Image: Redeux Energy.
Image: Sunnova

Sunnova receives court approval for US$90 million debtor-in-possession financing

June 16, 2025
US solar residential installer Sunnova has received court approval for a US$90 million debtor-in-possession financing agreement.
Image: Amazon.

Amazon to invest AU$20 billion in Australian data centres powered by solar PV

June 16, 2025
Amazon plans to invest AU$20 billion to expand Australia’s data centre infrastructure, with utility-scale solar PV plants set to power these.
Nahel Brihi speaks at the 2025 Renewables Procurement & Revenue Summit.
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More technologies, more trust: Changing PPA priorities in Europe

June 13, 2025
The European PPA space could see more tailored PPAs and hybrid deals, according to experts at the Renewables Procurement & Revenue summit.
The PV ModuleTech 2024 event.

Navigating US module procurement in uncertain times

June 13, 2025
As our annual PV ModuleTech USA event kicks off in Napa, California next week, “uncertainty” is the watchword for the US solar industry.
The project is expected to open in 2026 and will operate in the Midcontinent Independent System Operator (MISO) power market.

Earthrise raises US$630 million for 270MW Illinois solar project

June 12, 2025
Earthrise Energy has secured US$630 million for its 270MWac solar project in Gibson City Solar, Illinois.

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