US solar developers Soltage, Origis Energy, and rPlus Energies have secured more than $1 billion in financing across three major deals, signaling sustained investor confidence in utility-scale solar and storage despite US policy uncertainty. The transactions back more than 1.4 GW of solar and 1.8 GWh of battery capacity.
Australian battery tech startup Voltavate has secured AUD 850,000 ($535,000) in an oversubscribed pre-seed funding round led by global investment firm Artesian.
US residential solar company Sunnova has entered into asset and power purchase agreements to support operations while it seeks a buyer.
Financial package announcement coincides with groundbreaking ceremony for Project Budai in Chiayi County, Taiwan. The 115 MWp project is expected to be complete in 2026, according to Lightsource BP.
The Ukrainian government is launching a €2 million ($2.3 million) pilot project with the municipality of Grafenwörth, Austria, to expand solar infrastructure and enhance local energy resilience.
US residential solar lender Mosaic has filed for Chapter 11 bankruptcy amid rising interest rates and policy uncertainty, joining a wave of financial distress sweeping the sector. The company, which backed more than $15 billion in home energy loans, will pursue a court-approved restructuring backed by existing lenders.
Heliup has commissioned a 100 MW factory in France to produce lightweight solar panels for flat commercial and industrial (C&I) rooftops with limited load-bearing capacity, using ultra-thin glass technology.
Aurora Energy Research has rolled out Lumus, a contract valuation tool that helps energy market participants assess long-term risk in power purchase agreements (PPAs) across key parts of Europe.
The €310 million ($351 million) funding package includes over €268 million ringfenced for solar installations for self-consumption. The deadline for companies to submit applications is August 21.
The European Commission has selected projects for €992 million ($1.1 billion) of EU public funding, while the Japanese government has agreed to provide $4.80 in subsidies for hydrogen fuel cell trucks.
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