finance

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. 

Silfab Solar has raised US$110 million through the sale of Section 45X Advanced Manufacturing Production Tax Credits (PTCs).

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.

This year’s Renewables Procurement & Revenue Summit (RPR Europe) will bring together more than 300 renewable energy and finance leaders.

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.

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

The rapidly changing nature of the world’s energy mix has necessitated similarly rapid changes in the solar PPA space.

The global solar market will continue to slow in 2025 after 2024 saw the total capacity growth rate decrease by over 50%, according to a report from SolarPower Europe (SPE).

The European Commission (EC) has allocated €52 million to nine renewable energy projects as part of its cross-border auction process.

US tracker manufacturer FTC Solar has announced a 57.6% quarter-on-quarter increase in revenue in the first quarter of this year.