Section
Finance
Funding rounds, project finance, M&A, IPOs and asset sales across solar and storage. The section follows capital flows, valuations and the investors underwriting new capacity.
Spain: Erco Energy Boosts Solar Investment, Targets 400 MWp Generation
Erco Energía has secured Series C funding to more than double its 2026 investment in 2027, targeting 400 MWp of new solar generation. This expansion includes the 386 MWp Andes project and two solar parks with integrated battery storage, supporting Colombia's grid expansion and post-earthquake infrastructure recovery.
JinkoSolar Defies China's Slump: To Deliver 75 GW in 2026, Projects Up to 20% Growth in Latin America for 2027
JinkoSolar projects 70 to 75 GW of global module deliveries for 2026, including 4 GW for Latin America, despite a 25% contraction in domestic Chinese demand. This geographic shift highlights the growing importance of international markets for module manufacturers as regional demand patterns diverge.
Battery Overseas Expansion, A Bill Paid in Advance
The article details how Chinese battery manufacturers are facing rising costs and regulatory hurdles while expanding production into Europe. It highlights the financial impact of these overseas investments on recent quarterly earnings for major industry players.
China: Bettery Surges Over 80% in a Week as Copper Paste Technology Resonates with US Battery and Solar Demand
Bettery shares surged over 80% in a week as expectations for reinstated U.S. clean energy subsidies following the midterm elections boosted sentiment in China's A-share solar and storage sectors. This volatility highlights how geopolitical policy shifts and export control regulations directly impact investor confidence and supply chain dynamics for solar and energy-storage professionals.
South Korea: EZ Analysis: Hanwha Solutions Rides the Blue Wave... Solar Power Expectations, When Will Results Follow?
Hanwha Solutions is adjusting module sales to prepare for price increases while awaiting the depletion of market inventory. This matters because the timing of actual shipments and profit realization is critical for translating policy expectations into sustained earnings for solar professionals.
Vietnam: Solar power company formerly controlled by Dragon Capital raises 320 billion VND in 10-year bonds
BECIS Vietnam has completed a 320 billion VND bond issuance with a 10-year tenor and a 7.4% fixed interest rate. This financing supports the expansion of rooftop solar projects within the BECIS system, marking a significant capital raise for the sector in Vietnam.
China: Zhongrun Solar Acquires *ST Yijing for 719 Million Yuan in a Reverse Merger Gamble by a Failed IPO Candidate
Zhongrun Solar is investing 719 million yuan to acquire controlling stake in *ST Yijing, a listed shell company with negative net assets. This reverse merger allows the cell manufacturer to bypass IPO delays and access capital markets despite previous listing failures.
South Korea: Ecopro BM Holds Steady with ESS Despite EV Slump... Q3 Operating Profit at 120 Million Won
EcoPro BM reported Q3 operating profit of 12 billion won, with ESS revenue surging 173% quarter-over-quarter to 123.6 billion won. This demonstrates how energy storage and AI data center demand are diversifying revenue streams for battery material manufacturers facing EV market slowdowns.
Battery Market Landscape Shifts: South Korea Smiles at US ESS Growth, China Frowns at Supply Glut
Korean battery makers like LG Energy Solution are seeing improved performance driven by rising US demand for energy storage systems, while Chinese firms face supply oversaturation and regulatory headwinds. This divergence highlights the critical importance of supply chain diversification and regional market dynamics for energy storage professionals.
African Development Bank Group Invests $66 Million In Egypt’s 500 MW Solar And 100 MWh Battery Storage Project
The African Development Bank Group has approved a $66 million financing package for the Dandara solar and battery storage project in Egypt. This project combines 500 MW of solar capacity with 100 MWh of storage to supply renewable power to an aluminium producer, supporting industrial decarbonisation in the region.
From Volume to Profit: Solar Industry Narrows Losses Quarter-on-Quarter—Is the Turning Point Really Here?
Third-quarter financial reports from Chinese listed solar companies show marginal recovery, with Aiko Solar achieving a single-quarter profit and JinkoSolar narrowing losses. This matters to industry professionals because it highlights that current profitability gains are driven by product mix adjustments and energy storage diversification rather than a clear rebound in module prices.
FOSTER Q3 Profit Jumps 64.5% to 1.13B Yuan as China PV Film Rivals Struggle at Break-Even
FOSTER reported a 64.5% year-on-year increase in net profit for the first three quarters of 2026, standing alone among major Chinese photovoltaic encapsulation film manufacturers while rivals struggled at break-even. This divergence highlights the widening earnings gap between leading and second-tier companies in the supply chain, indicating that profitability recovery is not uniform across the sector.
rPlus Energies Credit Facility Closes at Up to $450M
rPlus Energies closed a $450 million revolving credit facility to support solar and storage projects in the American West. This financing structure provides flexible capital for developers managing multiple projects backed by existing operating assets.
What it takes to finance a battery in Hungary
Hungarian banks discussed how they assess battery storage projects, noting that cash flow predictability is critical for debt sizing. This matters because understanding local lending criteria helps developers structure viable financing for energy storage assets.
SolarEdge Cuts Ties With Australia
SolarEdge has announced it is ceasing all operations in the Australian market, with a final order deadline set for two weeks from the announcement. This withdrawal impacts local installers and customers who must now rely on international support channels for warranty and technical assistance, raising concerns about service quality in the region.
ARRAY Technologies and Shoals merge to create integrated solar hardware platform
ARRAY Technologies and Shoals Technologies Group have agreed to an all-stock merger valued at approximately $1.32 billion to create a unified solar hardware platform. This consolidation aims to streamline supply chains and reduce installation labor for utility-scale solar and storage projects by integrating structural and electrical systems.
Peak Energy CEO: ‘Anywhere LFP ESS goes, we go – and we do it better
Peak Energy raised $108 million in a Series B round to expand its Sacramento factory for grid-scale sodium-ion BESS. This investment supports the production of 4 GWh annually, aiming to compete with LFP on cost and safety.
K-Battery Big Three: Q3 Earnings Recovery in Sight... ESS at the Center of Rebound [Battery Radar]
Korean battery majors report Q3 earnings recovery driven by North American ESS demand and European EV market recovery. This highlights the growing role of energy storage in stabilizing battery manufacturer profitability amid EV market fluctuations.
China: Orders Exceed Targets but Profits Lag, as Energy Storage Drags Down Siyuan Electric's Q3 Margins
Sieyuan Electric reported that its new order growth exceeded annual targets, yet net profit margins were compressed due to the rising share of lower-margin energy storage products. This highlights the financial impact of shifting product mixes on profitability for major power equipment manufacturers in the energy transition sector.
Samsung SDI books 60 GWh of US storage orders and begins Indiana LFP ESS production
Samsung SDI reported a record quarterly operating profit driven by over 60 GWh of US energy storage orders and the start of LFP cell production in Indiana. This shift highlights the strategic pivot of major battery manufacturers toward stationary storage to offset slowing electric vehicle demand in the US market.
China's Big Four Solar Firms Post 1 Trillion Won Loss in Q3... Recovery Unlikely by End of 2027
Four major Chinese solar manufacturers reported a combined net loss of 4.63 billion yuan in Q3, with new installations falling 54% year-on-year. Analysts indicate that structural oversupply and sluggish demand will likely prevent a clear industry recovery before the end of 2027.
LG Energy Solution posts record Q3 sales on rising ESS shipments
LG Energy Solution reported record Q3 sales and a 25.7 percent rise in operating profit, driven by increased North American ESS shipments and EV battery sales. This highlights the growing contribution of energy storage to the company's financial performance and operational stability.
Changzhou giant worth 110 billion yuan dumps large chunk of solar assets
Trina Solar is in preliminary talks to sell a controlling stake in its mounting structure subsidiary to Shenzhen Nanshan Thermal Power. This move allows the company to consolidate core photovoltaic and energy storage businesses while focusing on AI data center applications.
Analysis of Q3 Solar Power Earnings in China: Eight Major Companies Report Combined Loss of 27.7 Billion Yuan, Aiko Solar Achieves Solo Profitability
China's eight major solar companies reported a combined net loss of 27.7 billion yuan for the first three quarters of 2026, driven by a 53.9% drop in domestic installations. This financial divergence highlights the impact of low module prices and the upcoming 2027 national standards on industry consolidation.