11/5/2025-Solar Energy Investment News & People Moves
- Viridian Energy
- May 8
- 5 min read
Germany Solar PV News
Hogan Lovells Advises Reventon on Eiffel Group Financing for 12 GW Renewable Portfolio
Law firm Hogan Lovells has advised Reventon, a renewable energy platform, on securing financing from the Eiffel Investment Group to support the expansion of a 12 GW renewable energy portfolio in Germany.
The funding aims to accelerate the development of large-scale solar and wind projects, supporting Germany’s decarbonization strategy. Reventon, launched by ILOS Projects and Eiffel, focuses on acquiring, developing, and operating assets across Europe. This deal highlights growing investor confidence in large-scale renewable platforms and the increasing role of legal expertise in structuring complex energy transactions.
Tricera Energy Showcases EPC Capabilities at ees Europe 2025
Tricera Energy is positioning itself as one of Germany’s top battery EPCs, with a prominent presence at the upcoming ees Europe 2025.
The company will highlight its expertise in engineering, procurement, and construction (EPC) for battery energy storage systems (BESS). With over 40 professionals and a robust track record in delivering technically demanding projects, Tricera emphasizes its end-to-end project execution strengths. The firm’s presence at the trade fair underlines its commitment to scaling up battery storage as a pillar of the energy transition.
BayWa Sells RWA Stake to Cut Debt by €500 Million
BayWa AG has finalized the sale of its 47.53% stake in Austria's Raiffeisen Ware Austria AG (RWA AG) to RWA eGen, which already holds 49.99% of RWA AG. The transaction, valued at €176 million, received approval from competition and investment authorities across seven countries. This move is part of BayWa's broader transformation strategy aimed at reducing its debt by €500 million and enhancing operational efficiency.
The company also plans a €150 million capital increase, supported by its major shareholders, to further strengthen its financial position. These initiatives are designed to enable BayWa to achieve financial stability and competitiveness by 2027.
DAL Arranges Project Financing for MaxSolar’s 147 MWp Solar Parks in Bavaria
DAL (Deutsche Anlagen-Leasing) has successfully arranged project financing for MaxSolar GmbH’s two major solar parks in Bavaria, with a combined capacity of around 147 MWp.
These large-scale projects mark a significant step in Germany’s utility-scale solar deployment. The projects are expected to supply clean electricity to tens of thousands of households annually, reinforcing regional energy resilience. MaxSolar continues to solidify its role as a key player in Germany's renewable landscape, with DAL providing the necessary financial architecture to realize long-term sustainable energy production.
USA Solar PV News
Trump’s Budget Proposes $20 Billion in Energy and Climate Cuts
Former President Donald Trump’s 2025 budget proposal includes over $20 billion in cuts to energy and climate programs.
The proposed reductions would significantly impact the Department of Energy’s clean energy initiatives, the Environmental Protection Agency, and climate resilience programs.
This proposal signals a dramatic policy shift that could hinder the U.S.'s progress toward decarbonization and affect clean energy investments. While unlikely to pass in its current form, the budget outlines Republican priorities and sets the stage for political contention over climate funding.
Double Black Diamond Becomes Largest Solar Operator East of the Mississippi
Double Black Diamond Solar Project in Illinois has become the largest operating solar power producer east of the Mississippi River.
Developed by Swift Current Energy and spanning over 1,500 acres, the 800 MWdc installation supports Meta and McDonald's clean energy goals through long-term PPAs. The project demonstrates the growing momentum behind corporate renewable procurement and the scalability of solar power in traditionally coal-reliant regions. This milestone reinforces the Midwest’s emergence as a competitive solar hub.
Top Five U.S. Solar States Continue Growth in Capacity and Investment
A recent report highlights how the top five U.S. solar states—California, Texas, Florida, Nevada, and North Carolina—are driving national solar growth through increased capacity and capital investment. California remains the leader in installed capacity, while Texas is quickly catching up due to its utility-scale pipeline. This momentum is backed by favorable state policies, corporate procurement, and tax incentives. These states continue to attract investment and innovation, setting benchmarks for solar deployment nationwide.
SunPower Returns to Profitability and Resolves Nasdaq Compliance Issue
SunPower has reported its first profitable quarter in four years and resolved its Nasdaq noncompliance issue. The company posted positive net income and met filing deadlines, restoring investor confidence after a turbulent financial period. CEO Peter Faricy credited cost reductions, improved supply chain management, and a streamlined focus on the residential solar market for the turnaround. This recovery positions SunPower to regain market share and stability, with enhanced outlooks for shareholders and analysts alike.
People Moves
Julius Möhrstedt Becomes New CEO of IBC Solar
IBC Solar has announced Julius Möhrstedt as its new Chief Executive Officer. Succeeding Udo Möhrstedt, company founder and long-time leader, Julius steps into the role with a clear mission: guiding the company through its next phase of innovation and international growth. With prior experience in IBC Solar and a strong background in management and strategy, his leadership will focus on digital transformation, market expansion, and sustainability. The appointment marks a generational transition, aiming to build on the company's legacy while adapting to evolving global solar industry demands.
Sean Finnerty Appointed CEO of BlueWave
BlueWave has announced Sean Finnerty as its new Chief Executive Officer. With a strong background in renewable energy leadership and infrastructure investment, Finnerty brings strategic expertise to guide BlueWave’s next phase of growth. Known for his focus on sustainable innovation and scalable clean energy solutions, he will lead the company’s mission to accelerate solar and energy storage development across the U.S. His appointment signals a renewed emphasis on expanding BlueWave’s impact in community solar and agrivoltaics, aligning with the company’s commitment to environmental stewardship and energy equity. Finnerty’s leadership marks a pivotal moment in BlueWave’s evolution.
Lucas Pillatzke has been appointed Director of Construction – Federal & Utility Solutions at Ameresco
Lucas Pillatzke has been appointed Director of Construction – Federal & Utility Solutions at Ameresco, a leading cleantech integrator and energy solutions provider. With extensive experience in managing large-scale infrastructure and renewable energy projects, Pillatzke will oversee construction operations for federal and utility clients. His focus will be on delivering high-performance, sustainable energy projects, including solar, storage, and energy efficiency upgrades. His leadership is expected to strengthen Ameresco’s ability to execute complex projects with precision and scale, supporting the company’s mission to drive energy independence and decarbonization across critical public-sector and utility infrastructures.
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