energynews

The French solar federation organises itself amid current political and economic attacks

The National Solar Energy Federation, launched on 21 June and formalised on 14 July, brings together installers, equipment suppliers and financiers to defend photovoltaics against political criticism as Paris prepares a new energy roadmap.

CrossBoundary Energy raises $60mn to accelerate Kamoa solar unit

A $60mn subordinated loan will speed delivery of equipment for a 223 MWp solar-storage plant serving the Kamoa-Kakula copper complex, deepening the financial partnership between CrossBoundary Energy and Standard Bank South Africa.

Desri launches the Santa Teresa solar and storage plant in New Mexico

New York developer DESRI, together with utility El Paso Electric, starts construction of the 150 MWac Santa Teresa solar complex and its 600 MWh storage system, financed by an international banking consortium.
en_114015072039540

Geronimo Power launches a 250 MW solar project in Wisconsin

Renewable developer Geronimo Power begins construction of the 250 MW Portage Solar park, expected to generate more than $100 mn in cumulative economic impact in Wisconsin, according to a news release issued on July 15 by PR Newswire.

ATIDI secures financing for a 62 MW solar power plant in Togo with an innovative guarantee

African Trade & Investment Development Insurance (ATIDI) provides a liquidity guarantee to the Sokodé solar project, facilitating private financing for a 62 MW plant dedicated to Compagnie Énergie Électrique du Togo.

ACWA Power, Badeel and SAPCO to invest $8.3bn for 15,000 MW of renewables in Saudi Arabia

Three major players commit to developing five solar plants and two wind farms, with commissioning scheduled between 2027 and 2028 as part of Saudi Arabia’s national programme.
en_114014072044540

SAEL Industries announces $954mn investment for solar plant in India

SAEL Industries will invest $954mn in a solar factory in Greater Noida, boosting Indian manufacturing capacity and supporting the national strategy to localise photovoltaic component production.

Global PV inverter shipments reach 589 GWac as Asia-Pacific dominates in 2024

Global photovoltaic inverter shipments increased by 10% in 2024, driven by the Asia-Pacific region, which accounts for nearly seven out of ten shipments, while China consolidates its influence on the sector.

Arctech Brazil obtains FINAME certification and accelerates its regional expansion

Arctech Brazil has received FINAME certification from the National Bank for Economic and Social Development, making financing more accessible for its solar trackers and consolidating its role in the Latin American solar market.
en_114013072028540

MN8 Energy raises $575mn with Natixis CIB to strengthen its US solar debt

MN8 Energy completes a $575mn secured bond issue led by Natixis Corporate & Investment Banking to refinance project debt and support the development of a diversified solar portfolio in the United States.

Solargik signs 85 MW of new solar projects on complex terrains in Italy

Solargik strengthens its presence in Italy with 85 MW of photovoltaic projects, including partnerships with Revalue and Free Ingegneria, to deploy systems on steep and agricultural land previously considered unexploitable.

EDF inaugurates two solar power plants in Moselle totalling 72 MWp installed

EDF power solutions commissions two new photovoltaic plants in Moselle, together representing a capacity of 72 MWp, capable of annually supplying electricity equivalent to 36,000 inhabitants, or 30% of the population of Metz.
en_1140100736540

Solar energy becomes EU’s leading electricity source in June 2025

Solar energy reached a record share of 22.1% in the European electricity mix in June 2025, becoming for the first time the main source of electricity in the European Union, according to a report by think tank Ember.

Maldives grants first-ever energy permit to Abraxas Power Corp.

Abraxas Power Corp. receives unprecedented authorisation from Maldivian authorities to develop a 100 MW solar project within a new special economic zone, targeting energy security and national climate objectives.

GreenYellow signs 1.8 MWp solar contract with Meaders in Mauritius

GreenYellow and Meaders Feeds Ltd finalise a second 1.8 MWp solar project under the Carbon Neutral Industrial Sector Scheme aimed at decarbonising the Mauritian industrial sector.
en_1140100728540

New community solar project in Baltimore-Washington: a 3.2 MW capacity

The Lime Kiln project, developed by Chaberton Energy and Pivot Energy, will provide renewable energy to 500 homes and businesses in Maryland, while reducing greenhouse gas emissions.

MPC Energy Solutions sells its stake in the Planeta Rica solar project in Colombia

MPC Energy Solutions has signed an agreement to sell its stake in the Planeta Rica solar project in Colombia. The transaction is expected to close by the end of 2025.

EDF power solutions commissions the largest solar power plant in the Territoire de Belfort

EDF power solutions has commissioned the Aéroparc photovoltaic plant, with a capacity of 42.2 MWp, in the Territoire de Belfort, making a significant contribution to the region's energy transition.
en_11409072037540

The Economic Impact of Solar Energy in Europe Amid Surplus Production

The overproduction of solar energy in Europe is causing a drop in captured prices, undermining the profitability of producers. In Germany, Spain, and France, capture prices are at record lows, with profound economic consequences.

Altarea Energies Renouvelables launches its first ground-mounted photovoltaic plant in Caudecoste

Altarea Energies Renouvelables has started work on its first ground-mounted photovoltaic plant in Caudecoste, marking a new milestone in its development. The 7 MWc plant is expected to be operational by the end of 2025.