finance

European Energy has reached financial close on €234.1 million (US$270 million) for its 225MW agrivoltaic project in Vizzini, Sicily, Italy.

Solar module manufacturer Heliene has laid off 93 employees at its Mountain Iron solar module assembly plant in the US state of Minnesota.

Clearway Energy generated and sold 3,585GWh of solar power in the second quarter of 2026, up from 2,800GWh in Q2 2025.

SolarEdge posted Q2 2026 revenue of US$346.2 million, up 20%, driven by stronger demand in Europe and growth in the US C&I segment.

Avantus has closed a US$1.05 billion corporate credit facility, doubling the US$522 million facility it secured in July 2024.

Shoals posted record quarterly revenue of US$163.4 million, driving net income of US$12.1 million, in the second quarter of 2026.

According to the Silicon Industry Branch, the average price of n-type G10L monocrystalline wafers dropped 3.61% month-on-month.

Australia's National Electricity Market recorded a combined 3,320GWh of solar generation in July 2026, comprising 1,448GWh from utility-scale assets and 1,872GWh from rooftop systems.

Avaada has secured approximately US$1.3 billion in debt to fund a 2.15GW portfolio of hybrid and solar projects in Gujarat and Maharashtra.

First Solar reported net sales of US$1.06 billion for Q2 2026, down 4% year-on-year, while reaffirming its full-year 2026 guidance.