Finance · Day
2026-11-04
6 stories in this section.
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.