Markets & Finance

Avaada has secured approximately US$1.3 billion in debt to fund a 2.15GW portfolio of hybrid and solar projects in Gujarat and Maharashtra.

First Solar reported net sales of US$1.06 billion for Q2 2026, down 4% year-on-year, while reaffirming its full-year 2026 guidance.

German energy company RWE has sold its US distributed clean energy generation business to Goldman Sachs.

Singapore-based renewable energy developer PCG Global has closed its Pre-Series A financing round, with GenZero, a fully owned decarbonisation investment platform under Temasek, acting as the lead investor.

Australia's installed cost of utility-scale solar has not fallen at the pace required to reach the country's “ultra-low-cost solar” (UCLS) ambitions, despite continued progress in cell and module efficiency.

Queensland and Northern Territory have refused to back a national framework requiring large data centres to underwrite new renewable energy.

EDPR has agreed to sell an 80% equity stake in a 384MW solar-plus-storage portfolio in the US to a Private equity firm Ares Infrastructure.

Walden has secured US$250 million from Crayhill Capital Management to support its 5GW US utility-scale solar PV and BESS pipeline.

The two PPAs cover projects of ContourGlobal and Zelestra in Arizona and Texas, respectively, with a combed solar PV capacity of 590MW.

Australia's CEC calls for a national ‘Renewable Resources Payment’ scheme, requiring a legislated payment for every MWh of renewables.