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All articles of topic financing

Businesses in Croatia can access low-interest loans for constructing their own solar power systems

Croatia sets new rules for commercial solar funding

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From 2025 to 2029, companies will have access to low-interest loans, including for the construction of photovoltaic systems, though several eligibility criteria must be met.

Sébastien Clerc is the new face of venture capital investor InnoEnergy

InnoEnergy appoints Sébastien Clerc as CEO

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Sébastien Clerc will take up his new role at InnoEnergy in January 2016, having previously served as CEO of Voltalia.

Solar park in the UK – the country is currently one of the hotspots for market driven PV expansion in Europe

UK – Metlen signs 235 MW PPA with Engie

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Metlen has signed a 10-year Power Purchase Agreement (PPA) with Engie to supply solar-generated electricity from six sites across the UK.

Stacked against progress – high grid connection fees threaten project viability

Croatian green power projects jeopardised by grid policy

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A recent decision on transmission grid connection locations has rendered most large-scale solar and wind projects in Croatia financially unviable, prompting the industry to seek EU intervention.

Abundant sunshine in Italy drives a dynamic and growing solar market

Italy – Capital Dynamics sells 225 MW solar portfolio to Sonnedix

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The portfolio includes five subsidy-free solar projects totalling 225 MW, located across the Lazio and Sicily regions.

The Solar Investors Guide is published at regular intervals.

Solar Investors Guide – ELTIF 2.0 and PPAs open doors for investment

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The updated European Long Term Investment Fund regulation broadens access to solar projects for institutional and private investors, while PPAs now offer returns independent of public subsidies.

Lining up for a solar future – the Econergy Rivarolo Piedmont Solar PV Park

Italy – Econergy secures €58 million for 64 MW portfolio

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The renewable energy company has signed its first project financing agreement in Italy with UniCredit, securing funding for 12 solar PV plants.

This solar array installed atop Kaufland’s Croatian logistics centre is aimed at boosting the retailer’s energy independence.

Rooftop solar powers Kaufland’s Croatian logistics

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The leading European hypermarket chain has launched its first solar power project with a rooftop installation on its logistics centre, marking a milestone for commercial solar viability in the country.

Not a pot of gold at the end of this rainbow, but a battery storage facility in Ireland.

Aviva Investors commits €150 million to battery storage

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The financial agreement will enable German developer Terra One to secure funding for 500 MW of battery energy storage assets.

Left to right: Paula Santos, Director of Energy Communities and Electrification at UNEF; Alipio García Rodríguez, Director General of Energy Transition at the Castilla-La Mancha Regional Government; Mercedes Gómez, Regional Minister for Sustainable Development of Castilla-La Mancha; and José Donoso, Director General of UNEF.

Spain – Castilla-La Mancha boosts funding for community projects

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The second Summit of Energy Communities will meet in Toledo on 24 September to address energy democratisation and strengthen support for community-led renewable initiatives across Spain.

Sun, wind and storage working together at the La Plana hybrid pilot plant near Zaragoza, Spain

Storage and co-location seen as remedy for fragile PPAs

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Negative electricity prices are putting pressure on the PPA business model, but smart combinations with storage and co-location can offer a way forward.

Vast solar arrays supported through international climate finance.

Climate finance by development banks reaches record $137 billion

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Private capital leveraged by multilateral banks increased markedly in 2024, highlighting stronger cooperation between public and private sources in global climate-related investment.

The team of venture capital firm Vireo Ventures

Vireo Ventures raises €50 million for early-stage electrification investments

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The fund will target technologies that drive electrification while bolstering Europe’s energy security and industrial competitiveness.

Photovoltaic and renewable energy costs remain on a steady downward path, with only minor fluctuations.

IRENA: Vast majority of new renewable projects cheaper than fossil fuels

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A new report from the International Renewable Energy Agency (IRENA) finds 91 percent of new renewables in 2023 were cheaper than fossil fuel power, but warns of growing financing and integration barriers, especially in emerging markets.

No shortage of modules, but solar power uptake depends on removing barriers to PPAs

RE-Source calls for state support to de-risk corporate PPAs

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State-backed guarantee schemes to reduce credit risk are a central recommendation in the latest corporate PPA guide.

The expansion of photovoltaics could benefit greatly from a new approach to climate finance.

Alliances on fossil fuel levies could raise billions for climate finance

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Climate economists at the Potsdam Institute for Climate Impact Research (PIK) assessed joint fossil fuel levies by smaller state coalitions and found considerable potential for climate finance.

Swedish households are embracing solar and batteries, mirroring the consolidation across the wider market.

Soltech finalises acquisition of Sesol Group AB

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Soltech Energy Sweden has acquired the turnkey solar installer from Nordic Capital, taking full ownership and underlining the ongoing consolidation in the European solar energy market.

An expansive new partnership for Segen and BNP.

BNP-Segen deal brings instant finance to solar and battery buyers

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Installers in the UK and Germany can look forward to new financing options for solar and storage through a collaboration between distributor Segen and BNP Paribas, with a view to a wider European rollout

Beneath the uniform surface, bankability drives the advance of solar and storage projects.

DNV backs Zelestra in $282 million hybrid project financing

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Independent validation by DNV secured financial close for one of Latin America’s largest hybrid plants, combining solar capacity with a 1 GWh battery system in Chile.

Representatives from Enerjisa Enerji and EBRD.

EBRD backs green energy development in Türkiye quake region

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A €128 million EBRD loan will support the rebuilding and modernisation of the electricity network in Türkiye’s Toroslar region, with a focus on expanding solar power.

More and more solar parks in UK (and elsewhere) are co-located with battery energy storage systems (BESS), which offers several advantages.

UK: Axpo signs PPA for co-located PV project

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Axpo has signed a power purchase agreement (PPA) with British Solar Renewables (BSR) to buy clean energy from its 25 MW solar PV at Whaddon Farm, Wiltshire. The site is co-located with a utility-scale 16MWh battery energy storage system (BESS).

EDP tested Comau's new assembly robot in a solar park for the first time in October 2024.

EDP: more than 15 gigawatts under contract in PPAs worldwide

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Global energy major EDP generates over 41 terawatt hours of renewable energy each year. Around a fifth of supply contracts serve data centres – a sector with a steadily growing appetite for electricity.

Hybrid solar-battery project in Bulgaria.

Battery storage strengthens PPA resilience

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Negative wholesale electricity prices are putting increasing pressure on PPAs. Combined PV and storage projects offer a pragmatic way forward. Read more in our weekly focus, 4-7 August.

A bird's-eye view of one of British Solar Renewables' PV parks.

ElectroRoute and British Solar Renewables agree 15-year UK solar PPA

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The agreement enables stable marketing of 462 MW of solar power, providing long-term revenue certainty for British Solar Renewables and boosting investor confidence in the volatile UK energy market.

Solar park Loutsa in Central Greece.

Greece: PPA between EDF Renewables and Axpo

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The two companies have signed a short-term power purchase agreement (PPA) for the electricity from two EDF solar power plants in the Viotia region.