finance

Europe’s somewhat delicate position in global solar means it is uniquely-positioned to take advantage of global supply chain uncertainties.

First Solar has announced net sales of US$1.7 billion for the fourth quarter of 2025, driving full-year sales of US$5.2 billion.

Atlas Renewable Energy has secured refinancing of US$3 billion for a solar and BESS portfolio in Latin America.

Polish IPP R.Power has raised US$50.7 million (€43 million) in finance to support the development of a 70.5MW solar PV portfolio in Poland.

Making investment decisions based on an entire renewable energy portfolio, rather than the merits of an individual project, is now the norm.

ACEN Australia has announced the integration of its 400MW Stubbo Solar project in New South Wales into its AU$750 million (US$530 million) non-recourse portfolio debt facility.

New Zealand gentailer Contact Energy has announced a NZ$525 million (US$316 million) equity raise to accelerate its Contact31+ strategy, which aims to position the company as a leader in New Zealand’s renewable energy future.

Axis Energy has signed a memorandum of understanding (MoU) with the Government of Odisha to develop up to 5GW of renewable energy capacity in the state. 

A 77.5MW PV plant in Estonia is to be coupled with a 55MW/250MWh battery energy storage system to create what is claimed will be the country’s largest hybrid project.

EIB is investing US$40 million to construct and operate three PV plants in southwestern Romania, with a combined capacity of 190MW.