European developers signed 20 PPAs for 1,429 MW in June
Swiss-based analytics firm Pexapark says the European power purchase agreement (PPA) market recovered strongly in June following a poor result in May, with solar accounting for the majority of newly-signed capacity.
Canadian province extends heat pump rebates to apartments, condos
British Columbia’s rebate scheme for heat pump installations now offers up to CAD 5,000 ($3,638) for the purchase and installation of an electric heat pump in suites within multi-unit residential buildings.
Slovenia opens €29 million call to fund priority solar, wind projects
Slovenia has opened a €29 million ($33.7 million) call under the European Union’s Modernisation Fund to support priority solar and wind projects, with applications due by Jan. 7, 2026.
Saudi Arabia signs 5 solar PPAs totaling 12 GW
Saudi Arabia has inked five solar power purchase agreements (PPAs) with a developer consortia led by ACWA Power covering 12 GW of new capacity. Alongside two wind PPAs totaling 3 GW, the seven projects have been billed as the largest renewable energy capacity signed for in a single phase globally.
UK developer secures $471 million financing for 536 MW-146 MWh solar, BESS portfolio
British Solar Renewables reached financial close on 12-project solar portfolio with three co-located battery energy storage system (BESS) assets. The GBP 345 million financial package covers 536 MW of PV capacity and 146 MWh of BESS.
Spain PV prices to fall amid curtailment, weak demand
Carmen Izquierdo, CEO of Spain-based nTeaser, tells pv magazine that current PV project pricing in Spain “can lay the foundations for a more rational and sustainable ecosystem in the long term.”
Chinese PV Industry Brief: Fox ESS, Gold Electronics plan IPOs in Shenzhen
The Shenzhen Stock Exchange (SZSE) has approved a plan by Fox ESS to raise more than CNY 1.6 billion ($223 million) through a share sale, while Hangzhou Gold Electronics has secured clearance to seek up to CNY 850 million for its battery management system (BMS) business.
Enfinity closes $245 million for 22 GW solar-storage portfolio
Enfinity Global has secured a $245 million credit facility expansion to fund development, construction, and operation of its 22 GW solar and energy storage pipeline across the United States.
US solar manufacturers seek to match rhetoric with reality
Executives from Qcells, Talon PV and Solar Manufacturers For America (SEMA) say extending the Section 48E tax credit with the domestic content bonus levels the playing field so US manufacturers can pay off factory investments made in good faith under the credit.
Eni sells 20% stake in renewables unit for €2 billion
Italian energy giant Eni has sold a minority stake in its Plenitude subsidiary to US-based investment company Ares for €2 billion ($2.32 billion).
