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Attendees at the 2024 Renewable Energy Revenues Summit.

European IPPs navigate rising negative power price challenge with new strategies

May 19, 2025
IPPs across Europe are rapidly adapting their business models as negative power prices become increasingly prevalent.
Solar park in Latvia from independent power producer Sunly.

Lithuania’s Ignitis Group secures funds for 239MW Latvia PV portfolio

May 19, 2025
Lithuanian government-owned utility and renewables developer Ignitis Group has signed a financing deal with SwedBank to support 239MW of solar PV capacity in Latvia.
A Sungrow project in Italy.

Google, energyRe ink 600MW REC deal to support data centres

May 16, 2025
Google will purchase renewable energy certificates from a 600MW solar and energy storage portfolio in the US state of South Carolina.
Two executives at Canadian Solar and LONGi spoke at an event in China about the state of the solar industry

Canadian Solar financial strife persists despite steady shipments

May 15, 2025
Solar manufacturer Canadian Solar recorded a slight increase in module shipments and endured losses in Q1 amid 'geopolitical complexities.'
The six projects, grouped into the Belinchón and Brazatortas clusters, are expected to be operational in the second quarter of 2026.

Zelestra secures €147 million to build 237MW solar PV projects in Spain

May 14, 2025
Spanish renewables developer Zelestra has secured €146.6 million ($164 million) in funding to develop a solar PV portfolio totalling 237 MW in Castilla-La Mancha, Spain. 
A Silfab Solar facility.

Silfab Solar raises US$110 million through Section 45X tax credit sales

May 14, 2025
Silfab Solar has raised US$110 million through the sale of Section 45X Advanced Manufacturing Production Tax Credits (PTCs).
BNZ's Alamak Solar project in Spain.

LevelTen: European solar PPA prices rise just 1.3% in Q1 2025

May 13, 2025
The average value of a solar PPA signed in Europe in the first quarter of 2025 was just 1.3% higher than in the previous quarter, according to LevelTen.
Attendees at the 2024 Renewable Energy Revenues event.

‘Facilitating buyers and sellers’ at this year’s Renewable Procurement & Revenue Summit

May 12, 2025
This year’s Renewables Procurement & Revenue Summit (RPR Europe) will bring together more than 300 renewable energy and finance leaders.
A Scatec project in Egypt.

Scatec reports YoY revenue growth in Q1 2025

May 9, 2025
Scatec has announced revenues of NOK2.39 billion (US$230 million) and profits of NOK1 billion (US$96 million) in the first quarter of 2025.
Presentation at Intersolar Europe 2025.

Floating PV needs policy and incentives to realise considerable potential

May 6, 2025
Building floating PV (FPV) projects on just 10% of the world’s water reservoirs could almost single-handedly meet global electricity demand.

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