Markets & Finance

Australia’s Clean Energy Finance Corporation (CEFC) has announced it has invested a record AU$4.7 billion (US$3.09 billion) in large-scale renewables, energy storage, and transmission projects during the 12-month period ending 30 June 2025.

KKR has invested AU$500 million in Australia’s CleanPeak Energy to support the rollout of DERs such as rooftop solar PV and battery storage.

The US state of New York expects to install 35GW of solar PV and 9.4GW of battery energy storage system (BESS) by 2040.

Prices of products across various segments of China's PV industry chain—polysilicon, wafers, cells, modules—have begun to rise recently.

Nautilus Solar Energy has entered a US$275 million tax equity partnership with Greenprint Capital to expand its US community solar portfolio.

Oil and gas major bp has confirmed it will exit the Australian Renewable Energy Hub (AREH), a 26GW wind, solar and green hydrogen project planned for Western Australia.

Spanish independent power producer (IPP) Sonnedix has raised €2 billion (US$2.35 billion) through two refinancing transactions in Europe.

Spanish energy utility giant Iberdrola has recorded over €3.5 billion in net profits in the first half of 2025 as it continues to expand investments in grid networks and high-value markets.

The Spanish Congress of Deputies has toppled the royal decree-law aimed at reforming the grid after the 28 April blackout, which affected the Iberian Peninsula.

Utility giant Engie North America has acquired a portfolio of multiple solar projects from solar energy developer Prospect14.