European PPAs held back by diverging price expectations, says Pexapark
Pexapark has attributed a slowdown in the number of power purchase agreements (PPAs) signed across most of Europe’s leading markets to a lack of pricing consensus between buyers and sellers.
Ghana, Switzerland partner on $200 million rooftop solar rollout
Ghana’s new clean energy program, backed by Switzerland’s Klik Foundation, will install 4,000 rooftop systems totaling 137 MW to expand renewable capacity and cut emissions.
Meralco increases stake in Philippine’s largest solar developer
Manila Electric Company (Meralco), via its subsidary MGen Renewable Energy Inc, has increased its stake in SP New Energy Corporation (SPNEC) after the transfer of 10.8 billion exchangeable shares in a deal valued at PHP 13.76 billion ($233.5 million). The company is working on the world’s largest solar-plus-storage project currently under development.
EBRD invests in 1 GW of solar, 1.3 GWh of storage in Uzbekistan
The European Bank for Reconstruction and Development (EBRD) is providing $142 million in financing to two ACWA Power-led solar-plus-storage projects in central Uzbekistan.
Saudi Arabia awards 3 GW of solar in sixth renewables tender round
Saudi Power Procurement Co. (SPPC) has concluded the sixth phase of the country’s National Renewable Energy Program by awarding four solar projects and one wind farm. They include the 1.4 GW Najran solar site, which has the second-lowest levelized cost of electricity (LCOE) for solar energy to date.
Hybrid PPA model improves PV-BESS bankability, say researchers
Researchers have modeled a hybrid financing scheme combining contracted and merchant components to improve the bankability of PV-battery energy storage system (PV-BESS) assets, using a Bayesian LSTM forecast integrated with a MILP optimization model to assess performance.
Wood Mackenzie records solar LCOE of $37/MWh in MENA region
Wood Mackenzie researchers say single-axis PV offers the lowest utility-scale generation costs globally, with efficiency gains and stable supply chains expected to drive down solar’s levelized cost of electricity (LCOE).
Solar sector corporate funding falls 22% year-over-year
Venture capital, public market, and debt financing into the solar industry reached $17.3 billion through the first 9 months of 2025, said Mercom Capital Group.
European developers signed 19 PPAs for 630 MW in September
Swiss-based analytics firm Pexapark recorded 19 power purchase agreements (PPA) in Europe this September, as PPA prices across most major European markets fell month-on-month.
DR Congo provides grants for minigrids, solar home systems
The Mwinda Fund is aiming to distribute $500 million in grants for minigrids, solar home systems and clean cooking solutions in DR Congo by 2030. It is already backed by $65 million in funding from the World Bank and $7 million from the Global Energy Alliance for People and Planet.
