US residential solar lender Mosaic files for bankruptcy amid policy uncertainty
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 switches on 100 MW lightweight solar panel factory in France
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 launches PPA valuation software in Europe
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.
Romania opens €310 million investment call for self-consumption installations
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 Hydrogen Stream: EU backs 15 hydrogen projects
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.
European Commission opens investment call including solar in Western Balkans
The European Commission has published a call for private companies to invest in the Western Balkans. Financial backing could be made available for participating projects in areas including the development of renewable energy sources. The deadline for expressions of interest is May 21.
UK investors back 50 MW of solar in Nigeria with $3.6 million
Konexa, Climate Fund Managers and Norfund have agreed a funding package totaling $3.6 million to support a 50 MW solar plant in Nigeria, alongside new grid connections.
New biodiversity toolkit helps solar farm developers fast-track projects
Australia’s Thesium has launched a new product designed to help solar farm developers de-risk and accelerate their projects, which includes a credit feasibility analysis and board-ready stakeholder documentation.
Halocell, Australian researchers to scale lead-free solar tech
Australian perovskite cell producer Halocell Energy is partnering with University of Queensland researchers to accelerate the commercial production of lead-free solar panels based on record-breaking tin-halide PV cell technology.
EBRD backs 1 GW solar-plus-storage project in Egypt with $30 million loan
Scatec has broken ground on Egypt’s first major hybrid solar and battery project after securing a $30 million equity bridge loan from the European Bank for Reconstruction and Development (EBRD).
