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With an investment of INR10,184 million (US$1.22 billion), the project involves EPC work on a turnkey basis. Image: Waaree Renewable Technologies via LinkedIn.

Waaree, Viet Khanh sign MoU for 100MWp solar project in Vietnam

June 24, 2025
Waaree Renewable Technologies has signed an MoU with Viet Khanh to establish a 100MWp solar project in the region. 
Liberty Solar PV project in Texas from Recurrent Energy reached commercial operations

Recurrent Energy secures financing to build 124MW Italian PV portfolio and co-locate BESS

June 24, 2025
Independent power producer (IPP) Recurrent Energy has secured €61.5 million (US$71.4 million) in financing for its Italian renewables portfolio.
The project is being developed by BluPine Energy’s wholly owned subsidiary, Solarcraft Power India. Image: BluPine Energy via LinkedIn.

BluPine Energy secures US$290 million for 150MW Karnataka solar plant

June 24, 2025
BluPine Energy has raised INR2,416 million (US$290 million) debt sanctions for its 150MW power project in Aland, Karnataka.
A PV project.

Global solar sector needs more balanced investment, says Global Solar Council

June 24, 2025
Imbalances in investment mean that action will be needed if the solar industry is to help meet the world’s climate change targets.
Solar PV plant in Romania from Enery

OMV Petrom, Enery JV to build 400MW solar PV in Bulgaria

June 24, 2025
Independent power producer (IPP) Enery Development has formed a 50-50 joint venture (JV) with Romanian oil and gas producer OMV Petrom to build a 400MW solar PV plant in Bulgaria.
Solar panels above a fishery site in China

China exceeds 92GW of new PV in May, cumulative capacity officially surpasses 1TW

June 23, 2025
China notched up close to 100GW of new PV in May, in the processes surpassing a terawatt of cumulative installed capacity, figures show.
Chart of European power purchase agreements in the past 12 months

Europe registers lowest PPA capacity signed in May since 2020

June 23, 2025
The volume of power purchase agreements signed in May has registered a low of 280MW, according to Swiss consultancy Pexapark.
The acquisition builds on Plenitude's previous expansion in Italy and Spain earlier this year. Image: Plenitude

Eni’s Plenitude sells 20% stake to Ares Management Corporation

June 23, 2025
Eni has sold a 20% stake in its renewables arm, Plenitude, to global investment manager Ares Management Corporation.
David Ward speaks on a PV Tech panel at Intersolar Europe 2025.
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Finding creative solutions to Europe’s solar PV financing challenges

June 20, 2025
Panellists discuss some of the challenges in European solar's financial landscape at an event organised at Intersolar Europe 2025 by PV Tech.
Suntech modules.

Suntech faces renewed crisis, initiates pre-restructuring creditor claims

June 19, 2025
The China Enterprise Bankruptcy and Reorganization Case Information Network has published a notice regarding creditor claims for Suntech.

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