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finance
Excelsior closes US$1 billion US renewables equity fund
April 9, 2025
US energy investment firm Excelsior Energy Capital has raised US$1 billion under its latest equity investment vehicle, Excelsior Renewable Energy Investment Fund II.
Nordic Solar secures funds for second 80MW Lithuania PV project
April 8, 2025
Danish solar PV developer Nordic Solar has secured project financing for an 80MWp solar PV installation in Lithuania.
US tariffs hit Chinese solar stocks hard, triggering multiple daily limit-downs
April 7, 2025
Donald Trump's announcement of "reciprocal" tariffs has triggered falls in the stock prices of major Chinese solar PV manufacturers.
Sunnova issued non-compliance letter from NYSE over low stock price
April 7, 2025
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.
Premium
Tariffs will ‘undermine’ US PV manufacturing and inflate clean energy costs, industry says
April 4, 2025
President Trump's tariffs could simultaneously hamper US renewables manufacturing and make imported products more expensive, PV Tech heard.
Sunnova appoints Robyn Liska as interim CFO to recover from US$447.8 million losses in 2024
April 3, 2025
Sunnova has appointed a new interim chief financial officer as it continues to repair damage done to its finances.
Vale sells stake in Brazilian renewable power portfolio for US$1 billion
April 2, 2025
Brazilian mining giant Vale has sold a 70% stake in a renewable power portfolio in the country, generating around US$1 billion in cash.
Meta inks purchase agreement for 150MW floating PV project in Singapore, continues Texas expansion
April 1, 2025
US data and technology giant Meta has signed a renewable energy purchase agreement (REPA) for a 150MWp floating solar project in Singapore.
FTC Solar reports quarter-on-quarter revenue growth to US$13.2 million in Q4
April 1, 2025
FTC Solar has reported revenue of US$13.2 million in the fourth quarter of 2024, the highest quarterly figure reported in 2024.
Moving beyond TMY: Why the solar industry needs time series data for PV project evaluation
March 31, 2025
As solar projects become more complex, Typical Meteorological Year data is holding the industry back, according to Solargis' Marcel Suri.
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