US Lawmakers Urge Crackdown on Foreign-Made Blue Wafers Imports

China to Impose 2% Consumption Tax on Batteries and Solar Cells

Delhi Regulator Simplifies Net Metering Rules for Rooftop Solar Projects

Coal India Announces Winner of 750 MWh Energy Storage Consultancy Auction

Rajasthan Tenders 172 MW/688 MWh Battery Energy Storage Projects

SECI Seeks Bulk Power Buyers for Long-Term Renewable Energy Procurement

Ather Energy Approves ₹12 Billion Preferential Fundraise

Malaysia Launches 2.65 GW Solar Tender with 1.25 GW Battery Storage

Primo Chemicals to Procure Solar Power from TPCS’ 50 MW Project

Borosil’s Revenue Up 17% YoY in Q1, Advances 600 TPD Solar Glass Expansion

ACWA Power, a developer, owner, and operator of power generation projects, along with the Water and Electricity Holding Company (Badeel), a wholly owned company of PIF, and Saudi Aramco Power Company, a wholly owned subsidiary of Aramco, has <a href="https://mercomcapital.com/acwa-power-consortium-secures-financing-for-15-gw-renewable-projects/" target="_blank" rel="noopener">secured</a> $8.2 billion in financing. The funding will be used to develop seven giga-scale projects, comprising five solar projects and two wind energy projects, with a combined capacity of 15 GW.
Premier Energy, an integrated energy provider in Southeastern Europe and a listed company on the Bucharest Stock Exchange, <a href="https://mercomcapital.com/premier-energy-acquires-400-mwh-battery-storage-project-romania/" target="_blank" rel="noopener">acquired</a> a 100% stake in a ready-to-build battery energy storage project with a planned power input and output of 200 MW and an energy storage capacity of 400 MWh. The company plans to begin the construction of the standalone battery energy storage facility in 2026, with commissioning expected in late 2026 or early 2027.
JP Energie Environnement, a French independent renewable energy producer, <a href="https://mercomcapital.com/jp-energie-environnement-secures-496-million-for-solar-and-wind-portfolio/" target="_blank" rel="noopener">secured</a> a €430 million (~$496 million) refinancing for its solar and wind projects. Bpifrance, CIC, Société Générale, and Crédit Agricole Transitions &amp; Energies, alongside the banks of the Crédit Agricole Group, arranged and financed the transaction. The refinancing covers 25 solar projects and 19 wind projects (including one under construction), with a total capacity of 427 MW.
Nofar Energy, an Israeli renewable energy company listed on the Tel Aviv Stock Exchange, <a href="https://mercomcapital.com/nofar-energy-secures-financing-for-531-mw-solar-project-portfolio/" target="_blank" rel="noopener">secured</a> a €192 million (~$223.05 million) financing package for the development and construction of three solar projects totaling 531 MW in southeastern Romania.
ACCIONA Energía, a renewable energy company that develops, builds, and operates wind, solar, and other clean energy projects, <a href="https://mercomcapital.com/acciona-energia-sells-232-mw-solar-and-wind-projects/" target="_blank" rel="noopener">reached</a> an agreement with Cennergi, Exxaro Resource’s wholly owned subsidiary and a renewable energy producer in South Africa, for the sale of its stake in two renewable energy projects located in South Africa totaling 232 MW capacity for an enterprise value of €255 million (~$295 million).
Evcil Group, a Turkish engineering-and-energy company specializing in electrical contracting, renewable energy (especially solar), and construction/engineering services, <a href="https://mercomcapital.com/evcil-group-acquires-three-solar-projects-15-mw-in-romania/" target="_blank" rel="noopener">acquired</a> a portfolio of three solar projects with a combined capacity of 15 MW located in Romania, from an undisclosed seller. Of the three solar projects acquired, two are already operational, while the third is in the ready-to-build stage and has obtained all necessary building permits to begin construction.
Click <a href="https://mercomcapital.com/clean-energy-reports/" target="_blank" rel="noopener">here</a> for reports and trackers on funding and M&amp;A transactions in solar, energy storage, and smart grid sectors.
Read last week&#8217;s project finance <a href="https://mercomcapital.com/project-finance-brief-neoen-renewable-portfolio-france/" target="_blank" rel="noopener">brief</a>.

Project Finance Brief: ACWA, Partners Secure Funding for 15 GW Renewable Projects

<table id="amazon-polly-audio-table">
						<tr>
						<td id="amazon-polly-audio-tab">
							<div id="amazon-ai-player-label">Listen to this article</div>
							<div id="amazon-ai-player-container">
			<audio class="amazon-ai-player" id="amazon-ai-player" preload="none" controls controlsList="nodownload" >
				<source type="audio/mpeg" src="https://cms.mercomindia.com/wp-content/uploads/2025/12/amazon_polly_87423.mp3?version=1764737790">
			</audio>
		</div>
							<div id="amazon-polly-subscribe-tab"></div>
							<div id="amazon-polly-by-tab"></div>
						</td>
						</tr>
					</table>From: <a href="https://mercomcapital.com/project-finance-brief-acwa-partners-renewable-projects/" target="_blank" rel="noopener">Mercom Capital Group</a>
ACWA Power, a developer, owner, and operator of power generation projects, along with the Water and Electricity Holding Company (Badeel), a wholly owned company of PIF, and Saudi Aramco Power Company, a wholly owned subsidiary of Aramco, has <a href="https://mercomcapital.com/acwa-power-consortium-secures-financing-for-15-gw-renewable-projects/" target="_blank" rel="noopener">secured</a> $8.2 billion in financing. The funding will be used to develop seven giga-scale projects, comprising five solar projects and two wind energy projects, with a combined capacity of 15 GW.
Premier Energy, an integrated energy provider in Southeastern Europe and a listed company on the Bucharest Stock Exchange, <a href="https://mercomcapital.com/premier-energy-acquires-400-mwh-battery-storage-project-romania/" target="_blank" rel="noopener">acquired</a> a 100% stake in a ready-to-build battery energy storage project with a planned power input and output of 200 MW and an energy storage capacity of 400 MWh. The company plans to begin the construction of the standalone battery energy storage facility in 2026, with commissioning expected in late 2026 or early 2027.
JP Energie Environnement, a French independent renewable energy producer, <a href="https://mercomcapital.com/jp-energie-environnement-secures-496-million-for-solar-and-wind-portfolio/" target="_blank" rel="noopener">secured</a> a €430 million (~$496 million) refinancing for its solar and wind projects. Bpifrance, CIC, Société Générale, and Crédit Agricole Transitions &amp; Energies, alongside the banks of the Crédit Agricole Group, arranged and financed the transaction. The refinancing covers 25 solar projects and 19 wind projects (including one under construction), with a total capacity of 427 MW.
Nofar Energy, an Israeli renewable energy company listed on the Tel Aviv Stock Exchange, <a href="https://mercomcapital.com/nofar-energy-secures-financing-for-531-mw-solar-project-portfolio/" target="_blank" rel="noopener">secured</a> a €192 million (~$223.05 million) financing package for the development and construction of three solar projects totaling 531 MW in southeastern Romania.
ACCIONA Energía, a renewable energy company that develops, builds, and operates wind, solar, and other clean energy projects, <a href="https://mercomcapital.com/acciona-energia-sells-232-mw-solar-and-wind-projects/" target="_blank" rel="noopener">reached</a> an agreement with Cennergi, Exxaro Resource’s wholly owned subsidiary and a renewable energy producer in South Africa, for the sale of its stake in two renewable energy projects located in South Africa totaling 232 MW capacity for an enterprise value of €255 million (~$295 million).
Evcil Group, a Turkish engineering-and-energy company specializing in electrical contracting, renewable energy (especially solar), and construction/engineering services, <a href="https://mercomcapital.com/evcil-group-acquires-three-solar-projects-15-mw-in-romania/" target="_blank" rel="noopener">acquired</a> a portfolio of three solar projects with a combined capacity of 15 MW located in Romania, from an undisclosed seller. Of the three solar projects acquired, two are already operational, while the third is in the ready-to-build stage and has obtained all necessary building permits to begin construction.
Click <a href="https://mercomcapital.com/clean-energy-reports/" target="_blank" rel="noopener">here</a> for reports and trackers on funding and M&amp;A transactions in solar, energy storage, and smart grid sectors.
Read last week’s project finance <a href="https://mercomcapital.com/project-finance-brief-neoen-renewable-portfolio-france/" target="_blank" rel="noopener">brief</a>.

<a href="https://www.nofar-energy.com/" target="_blank" rel="noopener">Nofar Energy</a>, an Israeli renewable energy company listed on the Tel Aviv Stock Exchange, secured a €192 million (~$223.05 million) financing package for the development and construction of three solar projects totaling 531 MW in southeastern Romania.
The European Bank for Reconstruction and Development (EBRD) will provide €64 million (~$74 million) for the construction of the Slobozia, Corbii Mari, and Iepuresti II solar projects, with the remaining €128 million (~$149 million) mobilised from commercial lenders. Nofar Energy owns the majority of these solar projects.
The projects are located in Dâmbovița and Giurgiu counties and are expected to produce approximately 676 GWh of green electricity annually, which is expected to contribute to Romania&#8217;s goal of reaching 38% of gross final energy consumption from renewables by 2030.
Favi Stelian, Chief Executive Officer of Nofar Energy Romania, said: &#8220;We are pleased to announce this second financing with EBRD, which strengthens confidence in our long-term vision and our ability to deliver impactful renewable infrastructure in Romania. This partnership accelerates the deployment of new green energy assets and reinforces Nofar&#8217;s role in advancing Romania&#8217;s sustainability goals and regional energy security.&#8221;
The Slobozia project will operate under a 15-year Contract for Difference (CfD), secured during Romania&#8217;s first-ever CfD auction, a mechanism designed and implemented with the support of the EBRD. In contrast, electricity from the Corbii Mari and Iepuresti II solar plants will be traded directly on Romania&#8217;s competitive Day-Ahead Market, highlighting the increasing market readiness and commercial appeal of unsubsidised renewable power.
According to Mercom&#8217;s 9M and Q3 2025 Solar Funding and M&amp;A <a href="https://mercomcapital.com/product/9m-q3-2025-solar-funding-ma-report/" target="_blank" rel="noopener">report</a>, large-scale project funding increased by 43% in the first nine months of 2025 compared with the same period in 2024.
In November, N-Sun Energy, a solar development platform created by Alantra Solar, <a href="https://mercomcapital.com/n-sun-energy-secures-408m-financing-275-mw-solar-portfolio/" target="_blank" rel="noopener">signed</a> a €355 million (~$408 million) green financing agreement with Intesa Sanpaolo, through its Italian subsidiary N-Sun Energy Advisors Italy 2.

Nofar Energy Secures Financing for 531 MW Solar Project Portfolio

nofar-energy

Get the most relevant India solar and clean energy news.

RECENT POSTS