finance

Axis Energy has signed a memorandum of understanding (MoU) with the Government of Odisha to develop up to 5GW of renewable energy capacity in the state. 

A 77.5MW PV plant in Estonia is to be coupled with a 55MW/250MWh battery energy storage system to create what is claimed will be the country’s largest hybrid project.

EIB is investing US$40 million to construct and operate three PV plants in southwestern Romania, with a combined capacity of 190MW.

The Philippines will launch a number of renewable energy auctions between 2027 and 2035 for at least 25GW of capacity each year.

European solar PV module and component buyers’ sentiment improved significantly in January 2026, according to sun.store's pv.index report.

Greenbacker has raised US$440 million in finance to support the development of the 674MW Cider solar project in the US state of New York.

A round-up of a number of European project stories from this week, including METLEN, European Energy and TSE.

FinDev Canada has announced a US$56 million loan to support the development of project Illa, which will be the largest in Peru.

Market dynamics and growing concerns over Europe’s grid bottlenecks were key topics at this year’s Solar Finance & Investment Europe summit.

The European Investment Bank (EIB) is planning to provide dedicated support to European solar inverter manufacturers amid a call for greater energy security and strategic autonomy.