finance

Poland to integrate private finance and EU funding to meet solar deployment goals

November 26, 2024

Attracting private investments into Polish solar will be essential for Poland's solar goals, Dr Konrad Wojnarowski said at LSSCEE 2024.

Indonesia eyes 75GW of renewable energy generation by 2040

November 26, 2024

Indonesia’s president, Prabowo Subianto, has established a 75GW renewable energy capacity target for the country at the G20 Summit in Brazil.

J&V Energy enters the Philippines utility-scale solar market with 180MW acquisition

November 22, 2024

Taiwan-headquartered developer J&V Energy has entered the utility-scale solar PV sector in the Philippines by acquiring a 180MW power plant in General Santos.

Gautam Adani charged in US with ‘massive’ US$250 million solar contract bribery scheme

November 21, 2024

Gautam Adani is accused of allegedly paying US$250 million in bribes to Indian officials to secure solar energy contracts.

Trump presidency ‘unlikely’ to derail energy transition – WoodMac

November 19, 2024

Wood Mackenzie director of energy transition practice, David Brown, said that a Trump administration 'will not change' demand for solar PV in the US in the 'near term'.

NRS bags US$145 million for 140MW/50MW New Mexico solar-plus-storage site

November 19, 2024

Construction financing for the Shallow Basket Project in Rio Arriba County, New Mexico, came from Deutsche Bank.

Premium

Inverter manufacturers facing ‘growing pains’ as industry big picture shifts

November 18, 2024

Cormac Gilligan of S&P Global said macro market forces have combined with technology shifts to impact the fortunes of inverter producers.

Australia reveals AU$125 million investment package for renewables in the Pacific

November 18, 2024

Australia has revealed an AU$125 million (US$80 million) investment package to support the rollout of renewable energy technologies across the Pacific region.

SMA Solar to slash jobs amid ‘persistently challenging’ residential PV market

November 14, 2024

In its Q1-3 2024 financial results, SMA Solar said it will cut up to 1,100 jobs and reduce costs by between €150 and €200 million by the end of 2025.

AXIAN secures US$89.2 million in finance for Kolda solar-plus-storage plant in Senegal

November 13, 2024

The EAAIF, FMO and DEG have invested €84 million (US$89.2 million) into AXIAN Energy’s Kolda solar-plus-storage portfolio in Senegal.

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