finance

The Massachusetts Senate’s new energy efficiency legislation has been broadly welcomed by US solar industry and clean energy representatives.

Firmus Technologies has signed a 12-year wholesale energy supply agreement with Gunvor Group, including 1.2GW of renewables by 2032.

Vena Energy has raised A$1.4 billion (US$970 million) to support 614MW of solar PV capacity and 1,141MWh of BESS in Australia.

Canadian independent power producer (IPP) Boralex and its Swiss investor partner, Energy Infrastructure Partners, have secured €1.45 billion (US$1.65 billion) in financing to support Boralex's renewable energy business in France.

Europe’s solar industry seemed a little downbeat as it trudged to Munich for Intersolar Europe 2026 this week. Under the unforgiving June heat, PV Tech took the temperature of the industry.

R.Power has secured a €41.6 million (US$47.3 million) project finance facility for four solar projects in Romania with a combined capacity of approximately 75MWp.

Pathfinder Clean Energy (PACE) has secured a €100 million investment to support its deployment of a solar and BESS portfolio in the UK.

Toyo Solar has raised around US$50 million to finance the expansion of the company’s cell manufacturing work in Houston, Texas.

Europe will not be able to produce a “disruption” in the solar manufacturing industry, according to Peter Fath, CEO of RCT Solutions.

Origis has secured a US$900 million package, which consists of US$650 million in credit facilities and a US$250 million LoC facility.