Finance

United Solar Holding has secured more than $900 million to complete the financing required for its 100,000 MT polysilicon manufacturing facility in Oman. Production is expected to begin during the first quarter of this year.

Silver prices hit a record $94.73/oz on January 19. Silver analyst Philip Newman tells pv magazine the metal could soon surpass $100/oz, increasing pressure on PV module manufacturers to reduce silver usage.

TCL Zhonghuan has entered exclusive talks to acquire a controlling stake in module manufacturer DAS Solar, marking one of the most significant consolidation moves in China’s photovoltaic manufacturing sector as the industry faces continued financial pressure and overcapacity.

JA Solar, TCL Zhonghuan, JinkoSolar, Trina Solar and Daqo each announced significant losses for full fiscal year 2025 amid continued price declines and overcapacity.

Joint owners of the 2 GW Al Dhafra solar power plant Abu Dhabi National Energy Company, Abu Dhabi Future Energy Company, EDF Power Solutions and Jinko Power, alongside offtaker Emirates Water and Electricity Company, have issued the green bonds to refinance the plant’s existing debt obligations and support its continued operation.

Abu Dhabi-based developer Masdar and Montenegro’s state-owned power company EPCG have entered into a framework agreement that could see a joint venture company belonging to the two parties develop, build, own and operate large-scale solar projects in the country.

One of the main benefits of hybridization is the ability to offer more attractive and stable energy products to clients. A hybrid PPA better covers consumption needs, reduces risks associated with the variability of a single source, and allows for more competitive long-term pricing, writes Rodrigo López, head of revenues at BNZ.

Aurora Energy Research’s latest report says Europe requires €600 billion ($700.2 billion) of investment by the end of the decade, increasing to €1.5 trillion by the middle of the century, to support the expansion of the continent’s renewable energy.

The European Bank for Reconstruction and Development and German development bank KfW have signed a €87 million ($102.5 million) financing package for a 134 MW solar project in North Macedonia, the country’s largest under development.

Provisional data from the Sustainable Energy Authority of Ireland (SEAI) for 2025 showed that monthly utility-scale solar generation increased from an average of 0.73 TWh in 2024 to 0.99 TWh in the first nine months of 2025.