Markets & Finance

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

Despite last year seeing a record 73GW of renewable energy utility-scale tenders, it has also witnessed a rise in undersubscribed tenders

The US Environmental Protection Agency (EPA) has reportedly unfrozen funds under its US$7 billion Solar For All Programme.

The move is an effort to strengthen its financial position after reporting losses of €126 million in the first half of 2024.

SolarPower Europe has launched the International Solar Manufacturing Initiative (ISMI) to generate demand for European-made solar products.

The investment will allow the company to build a commercial-scale perovskite manufacturing plant in the US.

The Greenough River solar PV plant has been deemed the best-performing utility-scale solar asset in Australia in February 2025.

Europe’s solar buyers are showing increased optimism for the sector, in spite of fluctuations in module prices across technologies.

Array Technologies expects that 100% of its trackers will be eligible for domestic content benefits n the first half of 2025.

Despite revenue improvements, the company signalled doubts over its ability to continue operations and stay afloat over the coming year.