finance

Europe completed power purchase agreements (PPAs) for 1.6GW of renewable energy capacity in March, according to Pexapark.

The world invested US$300 million into the off-grid solar sector in 2024, a 30% year-on-year decline in total funding, according to GOGLA.

Renewable energy will need policy support to reach “economically optimal” levels for the global energy transition, according to BloomberNEF.

Korean chemical firm OCI Holdings has reportedly paused public listing plans for its Malaysian polysilicon business amid global stock market uncertainty.

US renewable energy company Sunraycer Renewables has closed a US$475 million project financing facility for two solar-plus-storage projects in Texas.

Texas-based renewables developer Vesper Energy has begun commercial operations on its 600MW Hornet Solar project.

Acen Australia has revealed it has completed an AU$750 million debt financing for a growing 13GW renewable energy and storage portfolio.

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.