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Tubesolar Files for Insolvency, Administrator Seeks M&A Solutions
Tubesolar AG, a flexible perovskite developer, has filed an application for insolvency proceedings and appointed an administrator to initiate a M&A process. With a EUR 4.68 million capital increase in 2022, the company is continuing operations with assured salaries for its 140 employees.
Jul 3, 2023 // Markets & Finance News, Tubesolar AG
NorSun Closes $8.6MM Raise, Plans 5GW US Solar Plant
NorSun has raised 8.6 million dollars to fuel its growth projects in Europe and the US. Statkraft Ventures, Ardal Energi, Nysno Klimainvesteringer, and more, have subscribed to the capital. NorSun plans to build a 5GW production facility in the US and 3GW expansion in Årdal, Norway, funded in part by the EU Innovation Fund.
Aug 17, 2023 // Markets & Finance News, USA, Europe, North America, NorSun
Scatec, Norfund offload passion in 258-MW solar park in S Africa
Norway's Scatec ASA (OSL: SSO) and Norfund are marketing a combined 50% stake in the 258-MW Upington solar park in South Africa to a fund managed by STANLIB Asset Management Pty Ltd
Feb 2, 2023 // Plants, Large-Scale, Commercial, Scatec, Solar Park, norfund, S Africa
UK Renewables Power NZ Solar Revolution
Lodestone Energy is joining forces with Hive Energy, Ethical Power and Solar South West to develop 9 solar parks in NZ. Projects are estimated to generate 500 GWh of electricity annually, enough to power 50,000 homes. HES Aotearoa, Ethical Power NZ taking part in the joint venture. EPC works underway. Be a part of this groundbreaking endeavor.
Oct 6, 2023 // Plants, Large-Scale, Commercial, UK, Europe, PV Power Plant, Lodestone Energy
Suniva Reboots US Solar Cell Production with 1GW Capacity
Suniva Inc, leading US solar cell manufacturer, announced expansion of a Norcross, Georgia factory - creating 240 full-time jobs and 1GW capacity. 2.5GW capacity possible with new financing commitment and wafer supply agreement. US solar manufacturing gets a boost!
Oct 12, 2023 // Manufacturing News, USA, North America, suniva
$35mn Boost for ISA Global Solar Facility
The International Solar Alliance (ISA) and partners announce a $35 million capital contribution to the Global Solar Facility (GSF), designed to stimulate solar investments in underserved regions. India and Bloomberg Philanthropies to invest $25 and $10 million respectively. GSF anticipates $10 billion investments to benefit 200 million by 2030.
Nov 1, 2023 // Markets & Finance News, ISA, GSF, The International Solar Alliance, Global Solar Facility
JinkoSolar preparations STAR listing, eyes R&D boost after US$ 458m equity financing
Leading solar manufacturer JinkoSolar has claimed it is now "actively preparing" to detail its Jiangxi subsidiary on China's STAR market after it increased around US$ 458 million through an equity funding round.
Oct 30, 2020 // Markets & Finance News, Jinko, Kangping Chen, shanghai stock exchange, star
Statkraft to acquire Solarcentury
Norwegian state-owned electricity supplier Statkraft has signed an arrangement to obtain the British solar developer Solarcentury.
Nov 10, 2020 // Markets & Finance News, UK, Europe, solarcentury, Statkraft, Christian Rynning-Tønnesen
Solar module maker Verditek pockets GBP 600k in share sale
September 27 (Renewables Now) - Verditek Plc (LON:VDTK), the company producing lightweight solar panels in Italy, today raised GBP 600,000 (USD 739,500/EUR 676,400) in a share placing to speed up its growth plans, replenish working capital and fund a silicon/graphene solar project.
Sep 27, 2019 // Manufacturing News, Italy, Europe, Verditek Plc, Gavin Mayhew
1366 Technologies Adds $18m in its Quest to Obtain Cheaper Solar Cells
1366 technollogy investing so much to ensure that they spend less time forming wafer with the use of molten silicon.
Dec 20, 2019 // Technology, Manufacturing News, Markets & Finance News, USA, solar cell, wafer, North America, 1366 technollogy
German solar start-up Sunvigo elevates EUR 15m
German solar start-up Sunvigo GmbH has actually increased EUR 15 million (USD 17.1 m) in a funding round backed by renewable energy financiers Eneco and also Sparta Capital.
Feb 9, 2022 // Markets & Finance News, Germany, Europe, Sunvigo GmbH
Gresham House's BSIF expands financial investment group
Gresham House's British Strategic Investment Fund (BSIF) is increasing its investment team with a new hire.
Jul 6, 2020 // Markets & Finance News, UK, Europe, utility scale, renewables, Gresham House, British Strategic Investment Fund, Peter Bachmann, Tom Dalwood
PosiGen bankruptcy spotlights US rooftop solar’s financing and policy fragility
Rooftop provider PosiGen filed for bankruptcy, citing funding stress, credit shifts and lender disputes—underscoring the sector’s sensitivity to incentives and capital costs.
Nov 26, 2025 // Markets & Finance News, Policy, Rooftop PV, USA, North America, financing, bankruptcy
Bosnia's Solar Revolution: Czech Firm's 92.5-MW Park
Woodburn Capital Partners secures deal for 92.5-MW solar park in Bosnia and Herzegovina's Canton 10, bringing renewable energy to the region with Earth Finance and Yingli panels.
Apr 8, 2024 // Plants, Large-Scale, Commercial, PV Power Plant, Bosnia, Woodburn Capital Partners
GoldenPeaks and Faerch Sign Solar PPA in Hungary
GoldenPeaks Capital secures groundbreaking 12-year PPA with Faerch Group in Hungary, providing 15 GWh of renewable energy annually. A game-changer for sustainability in the region.
Jul 15, 2024 // Plants, Large-Scale, Commercial, PPA, Hungary, Europe, GoldenPeaks