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.
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 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 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.
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.
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.”
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 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.
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.
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).
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