Mauritania, Niger sign major solar financing deals
Mauritania has signed its first independent power producer contract, covering a 60 MW solar-wind hybrid project. Niger has entered into a financing agreement with the African Development Bank that plans to develop 240 MW of solar power by the end of the decade.
Sungrow initiates Hong Kong listing, targets $126.7 million raise
As part of a dual-listing strategy, the Chinese manufacturer has officially filed its application for an initial public offering on the main board of the Hong Kong Stock Exchange, aiming to fuel its global expansion.
Freight costs steady after early September spike
Freight costs, which contribute towards the total cost of a solar installation, have fallen week-on-week on trade lines out of the Far East, helping to offset a price surge in the US-bound short-term market recorded at the start of September.
Banks fund $65 million for 100 MW solar project in Turkey
The Asian Infrastructure Investment Bank (AIIB) and Industrial Development Bank of Turkey (TSKB) have each contributed $32.5 million toward a senior debt financing package for a 100 MW solar project in southern Turkey.
Brookfield, Solarvest partner on 1.5 GW of solar-plus-storage in Malaysia
The two parties have signed a joint investment framework agreement to develop, construct and operate 1.5 GW worth of solar-plus-storage projects in Malaysia over the next three to five years.
Seven projects pulled from EU hydrogen fund
The projects, equivalent to 1.88 GW of electrolyzer capacity, were withdrawn after choosing not to continue with the agreement procedure or for being unable to provide a signed completion guarantee. As a result, ten hydrogen projects representing 774 MW in capacity from the reserve list have been invited to prepare grant agreements.
Chinese PV Industry Brief: Inverter manufacturers report solid H1 results
Sungrow, Ginlong Solis, GoodWe and Deye all posted higher first-half revenue in 2025, with Sungrow leading on storage growth and Deye delivering the strongest margins.
Scatec’s investment portfolio in Egypt valued at $3.6 billion
Norwegian renewables company Scatec is developing a series of projects in Egypt under the country’s flagship climate action program, including two gigawatt-scale solar-plus-storage sites.
Poland allocates record budget for home solar, storage rebate scheme
The budget for the sixth round of Poland’s rebate scheme for residential solar and storage installations was extended to a record PLN 1.85 billion ($511.8 million), up from an original PLN 400 million, after receiving 121,000 applications. Over half of the budget will be allocated to home energy storage facilities.
S&P Global unveils 2025 Tier 1 module, inverter, battery supplier list
S&P Global’s first 2025 Tier 1 Cleantech Companies list ranks 63 solar, wind, inverter, and battery suppliers by technology, financial health, and sustainability to guide investors and developers.
