Markets & Finance

US independent power producer (IPP) Cypress Creek Energy has secured US$3.5 billion in financing to support the development of a 1.63GW/1.9GWh solar-plus-storage project in Arkansas.

German renewables developer Juwi will cut jobs and reduce its management staff in response to declining margins and “significant economic pressure” in the German renewables market.

The ongoing permitting challenge is a key factor slowing down solar manufacturing and deployment in the US, according to T1 Energy’s CEO, Dan Barcelo.

The European Union has launched an investment platform to expand renewable energy, clean technology manufacturing and electricity networks across the Mediterranean region.

South African national utility Eskom has launched a new unit to focus on large-scale renewable energy projects.

GoldenPeaks Poland Holding has filed for Chapter 11 bankruptcy protection in the US after a severe liquidity crunch.

Australia’s Queensland has allocated AU$3.2 billion to the CopperString transmission project in its 2026-27 State Budget.

Gamuda Renewables has secured an interest in the 450MW Hazelwood North solar-plus-storage project from Latrobe Valley-based developer Manthos Investments.

JA has dropped ‘solar’ from its name to reflect its shift from PV manufacturing to a wider clean energy technology and services brief.

New figures from SEIA and Wood Mackenzie reveal that solar and storage accounted for 91% of new additions to the US grid in Q1 2026.