Evren has secured US$600 million in financing to develop a 1GW hybrid firm and dispatchable renewable energy (FDRE) portfolio across Andhra Pradesh and Rajasthan.
ILOS Projects has upsized its structured credit facility to €450 million, as it targets more than 2GW of solar PV and BESS capacity across Europe by 2028.
Solar PV accounted for more than a quarter of total global energy demand growth in 2025, becoming the single largest contributor to new energy supply, according to the International Energy Agency.