Markets & Finance

The Philippines has started an auction scheme for renewable power paired with storage which aims to tender over 9GW of capacity.

Osaka Gas has partnered with Clean Max Enviro Energy Solutions to form a JV to develop a 400MW renewable energy portfolio in India.

Estonian IPP Sunly has secured a €62 million (US$68 million) loan to build and operate the Baltics 'largest' PV plant.

Ongoing investment barriers are preventing Africa from realising the full potential of its solar resources despite strong growth in 2024, according to a Global Solar Council report.

German IPP Enerparc has secured a €266 million financing package for the construction and operation of a 400MW solar PV portfolio in Germany.

The European Commission has launched a consultation seeking feedback on the State aid Framework accompanying the Clean Industrial Deal.

Solar and storage projects accounted for 84% of electricity generating capacity added in 2024, with solar seeing 50GW of new capacity.

The ninth auction for rooftop solar PV awarded 54 projects with an average price of €98.2/MWh, a slight decrease from the previous tender.

The Australian government has released its first National Renewable Energy Priority List, which includes an additional 16GW of renewables.

The European Investment Bank (EIB) has committed €250 million to support the development of Burgenland Energie’s 2GW solar and wind portfolio.