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Supply chain traceability reduces regulatory risk in European solar procurement
Verifying upstream material origins and compliance with environmental and social standards requires time and documentation, while project timelines remain tight. The ability to demonstrate a transparent and audited supply chain is therefore becoming a prerequisite for participation in large-scale projects in Europe.
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May 20, 2026
Oman power company signs 2.7 GW PPA for continuous wind-solar-storage project
The gigawatt-scale solar, wind and battery project developed by O-Green Energy expected to provide round-the-clock power. It is part of a push from Nama Power and Water Procurement to secure 7 GW solar, 3 GW battery storage capacity by 2030.
Hanwha Japan unit closes JPY 9 billion solar fund loan
Sumitomo Mitsui Banking Corp. (SMBC) has arranged a JPY 9 billion ($57 million) syndicated loan for Q.ENEST Holdings, the power business spun out of Hanwha Japan in 2023, to finance an 80 MW portfolio of distributed low-voltage solar assets across Japan.
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How hail is rewriting the solar insurance rulebook
Insurers tell pv magazine that severe convective storms (SCS) drove $60 billion in insured losses in 2025, a mounting toll that has become the primary force tightening capacity and raising prices across the solar energy insurance market.
May 12, 2026
Longer-duration BESS finds footing in Germany’s toll market
BlackRock‑backed developer Akaysha Energy says lenders require 60% to 80% contracted revenue before committing project debt to utility‑scale battery energy storage system (BESS) projects in Germany – a threshold that structured offtake products borrowed from its home market can meet.
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Egypt’s National Bank takes 20% stake in Scatec’s Obelisk project
National Bank of Egypt has acquired a 20% equity interest in Scatec ASA’s 1.1 GW Obelisk solar and battery energy storage system (BESS) project, reducing the Norwegian developer’s economic interest to 40% while leaving it in majority control through a layered ownership structure.
EU solar and storage push could cut power system costs by nearly half
A scenario analysis by SolarPower Europe, modeled by Rystad Energy, finds that accelerating PV and battery storage deployment could save the European Union €223 billion ($260.7 billion) in gas imports between 2026 and 2030 and reduce wholesale electricity prices by 14% compared with 2025 levels.
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