Markets & Finance

Independent power producer (IPP) Recurrent Energy has secured €61.5 million (US$71.4 million) in financing for its Italian renewables portfolio.

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

Imbalances in investment mean that action will be needed if the solar industry is to help meet the world’s climate change targets.

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.

China notched up close to 100GW of new PV in May, in the processes surpassing a terawatt of cumulative installed capacity, figures show.

The volume of power purchase agreements signed in May has registered a low of 280MW, according to Swiss consultancy Pexapark.

Eni has sold a 20% stake in its renewables arm, Plenitude, to global investment manager Ares Management Corporation.

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

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

Norwegian energy company Statkraft has narrowed down its focus on fewer markets and technologies as it targets to reduce its expenses by NOK2.9 billion (US$290 million) annually by 2027.