investment

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.

US energy investment firm Excelsior Energy Capital has raised US$1 billion under its latest equity investment vehicle, Excelsior Renewable Energy Investment Fund II.

US independent power producer (IPP) Silicon Ranch has secured a US$500 million investment from Danish fund manager AIP Management.

Uncertainty over tax credits could cause 84% of investors and 73% of developers to decrease their activity in renewable energy, according to ACORE.

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

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

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.

According to Solargis CEO Marcel Suri, solar industry professionals must adopt more granular datasets to improve accuracy.

Interest in solar PV projects saw a downward trend from Chinese central state-owned enterprises (SOEs) in 2024.

Last year has marked a turning point for Chinese energy and power enterprises' investments in PV power plants in China.