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).
Segen, BNP Paribas offer C&I energy storage, solar finance product
The new partnership will initially provide financing to help crowd in investment for photovoltaic systems and energy storage in Germany and the United Kingdom.
US policy uncertainty leads to $1.4 billion in clean energy cancellations
Around $1.4 billion in US clean energy manufacturing investments were canceled in May 2025 due to policy uncertainty, according to research group E2. Republican districts saw the greatest impact, with more than $9 billion in projects canceled, delayed or shut down so far this year.
Array Technologies to acquire APA Solar
Solar tracker supplier Array Technologies has signed an agreement to acquire Ohio-based solar racking company APA Solar for $179 million.
Indonesia’s Pertamina secures 20% stake in Citicore Renewables
Indonesia’s Pertamina New & Renewable Energy (Pertamina NRE) has acquired a 20% stake in Philippine solar developer Citicore Renewable Energy Corp. (CREC) for $120 million, with both companies planning joint investments in solar and other renewable projects in Indonesia.
Romania extends investment in solar for public institutions
Romania’s Ministry of Energy is backing 47 solar projects to produce electricity for self-consumption in schools, hospitals, city halls and other public institutions. It has now supported more than 1,000 such contracts, together reaching a combined capacity of 390 MW.
