finance

The company signed a 25-year power purchase agreement with Egypt Aluminium for a 1.1GW/200MWh solar-plus-storage project in the country.

CIP said it expected the CI V fund to add up to 30GW of renewable energy generation and storage assets to global energy grids.

China's latest tender results show the spot price of n-type modules increasing from RMB0.7/W to as much as RMB0.75/W.

Many of the mechanisms used to manage the finances of the solar sector have not kept pace with the rate of capacity additions.

The capacity is spread across three commissioned projects: the 40MWp Greenberry, 40MW Fontenet 3 and the 47MW Amance projects.

Terabase Energy has raised US$130 million in finance to support the scale-up of its Terafab solar project assembly line.

“We want to scale up our localisation drive in solar materials," said managing director of the Rural Electrification Agency.

Ongoing investment barriers are preventing Africa from realising the full potential of its solar resources despite strong growth in 2024, according to a Global Solar Council report.

The company said it would supply "one of the largest tech companies in the US" with roughly 2.9GWh of solar power from 2026 through 2040.

The European Commission has launched a consultation seeking feedback on the State aid Framework accompanying the Clean Industrial Deal.