Financing News

German-Norwegian power storage systems provider Eco Stor has closed project financing for a 300-MW/718-MWh battery energy storage system (BESS) in Förderstedt, Saxony-Anhalt.

El Salvador's parliament has approved a government plan to borrow up to KWD 3 million (USD 9.73m/EUR 8.41m) from the Kuwait Fund for Arab Economic Development to finance the construction of a solar farm in La Libertad department, the house said on Thursday.

US renewable energy developer and operator Cypress Creek Renewables has secured USD 3.5 billion (EUR 3.03bn) in financing for part of its gigawatt-scale Steel River Energy Center, a huge solar-and-storage project in Arkansas.

Philippine power generator Angeles Power Inc (API) has obtained PHP 2 billion (USD 32.8m/EUR 28.4m) in debt financing to support the development of a 49.9-MW solar project in the Central Luzon region of its home country.

Independent power producer Enray Power has secured project financing of GBP 43 million (USD 57.4m/EUR 49.7m) from Cooperative Rabobank UA to back the delivery of a 71-MW solar project in North Yorkshire, UK.

South African renewables developer and independent power producer Mulilo has reached financial close on the 77-MW/308-MWh Hartebeesfontein battery energy storage system (BESS) project in North West province, the firm said on Thursday, as it took its fifth project to the financing stage since the start of 2026.