finance

Arevon Energy has secured US$509 million in financing for its Kelso 1 and 2 PV projects in Missouri, which have a combined capacity of 430MW.

The European Investment Bank (EIB) has committed €250 million to support the development of Burgenland Energie’s 2GW solar and wind portfolio.

The US Environmental Protection Agency (EPA) has reportedly unfrozen funds under its US$7 billion Solar For All Programme.

Adapture Renewables has secured US$321 million in finance from MUFG to support the development of a 441MW solar portfolio in the US.

SMA Solar posted preliminary net losses of €117.7 million (US$126 million) in 2024—down from €225.7 million in income last year.

Europe’s solar buyers are showing increased optimism for the sector, in spite of fluctuations in module prices across technologies.

Despite revenue improvements, the company signalled doubts over its ability to continue operations and stay afloat over the coming year.

Ellomay Capital has closed financing for a 198MW portfolio of solar assets it plans to build and operate in Italy.

The company signed the financing MoU with the New and Renewable Energy Department of the Madhya Pradesh government.

Iberdrola invested a record €12 billion into its operations in 2024, which yielded a 31% increase in operational solar capacity.