finance

Four Republican US senators have signed an open letter urging a “stable and predictable” approach to US energy tax credits.

A round-up of news from the US community solar sector this week, including Altus Power, Castillo Energy, NSE and CCSA.

German energy company RWE and Greek renewables developer PPC Renewables will build 567MWp of solar PV capacity in Northern Greece.

US energy investment firm Excelsior Energy Capital has raised US$1 billion under its latest equity investment vehicle, Excelsior Renewable Energy Investment Fund II.

Danish solar PV developer Nordic Solar has secured project financing for an 80MWp solar PV installation in Lithuania.

Donald Trump's announcement of "reciprocal" tariffs has triggered falls in the stock prices of major Chinese solar PV manufacturers.

Sunnova has received a notice of non-compliance from the New York Stock Exchange requiring it to raise its stock price to a minimum of US$1.

President Trump's tariffs could simultaneously hamper US renewables manufacturing and make imported products more expensive, PV Tech heard.

Sunnova has appointed a new interim chief financial officer as it continues to repair damage done to its finances.

Brazilian mining giant Vale has sold a 70% stake in a renewable power portfolio in the country, generating around US$1 billion in cash.