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Markets & Finance

Solar panels owned by Excelsior Energy Capital.

Excelsior closes US$1 billion US renewables equity fund

April 9, 2025
US energy investment firm Excelsior Energy Capital has raised US$1 billion under its latest equity investment vehicle, Excelsior Renewable Energy Investment Fund II.
The 2024 Renewable Energy Revenues Summit.

Europe’s renewable energy procurement market shows record growth amidst new challenges

April 8, 2025
Industry leaders from across Europe will gather at the Renewable Procurement & Revenues Summit 2025 this May.
Image: Photo by American Public Power Association on Unsplash

Maryland passes act standardising ‘onerous’ solar zoning laws

April 8, 2025
The state of Maryland has passed a law to streamline the approval process for solar PV and energy storage projects.
A solar farm in Turkey.

Ember: Global solar generation exceeds 2,000TWh in 2024

April 8, 2025
The world’s cumulative installed solar generation capacity has doubled between 2022 and 2024, to reach over 2,000TWh, according to Ember.
Image: Den Harrson via Unsplash.

South Africa targets up to 5GW renewable energy additions per year

April 8, 2025
South Africa’s government has approved the South African Renewable Energy Master Plan (SAREM) to accelerate renewables deployment.
Maxeon solar panels.

CBP denies Maxeon’s protests against detention of modules, Maxeon to ‘establish alternative’ supply chains

April 8, 2025
US Customs & Border Protection (CBP) has denied Maxeon’s protests made against its detention of the company’s modules brought into the US.
Image: Austin Hervias via Unsplash

US tariffs hit Chinese solar stocks hard, triggering multiple daily limit-downs

April 7, 2025
Donald Trump's announcement of "reciprocal" tariffs has triggered falls in the stock prices of major Chinese solar PV manufacturers.
The US has been blocking the import of some solar imports from China since the UFLPA come into effect last June Image: Port of Los Angeles.

Trump tariffs to have limited effect on US solar imports from Asia – report

April 7, 2025
The global tariffs announced by US president Donald Trump last week will have a limited effect on solar imports from Asia, according to a report from BMI.
Sunnova

Sunnova issued non-compliance letter from NYSE over low stock price

April 7, 2025
Sunnova has received a notice of non-compliance from the New York Stock Exchange requiring it to raise its stock price to a minimum of US$1.
Zelestra signs 238MW solar PV power purchase agreement in Peru

Zelestra inks 238MW solar PV PPA in Peru

April 7, 2025
The PPA will enable the construction of a 238MW PV plant in Peru and increase Zelestra’s Peruvian contracted portfolio to more than 530MW.

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