SK Inc and KKR have agreed to establish a KRW2 trillion (US$1.29 billion) renewable energy platform that will combine 1.7GW of operating generation assets.
Canadian independent power producer (IPP) Boralex and its Swiss investor partner, Energy Infrastructure Partners, have secured €1.45 billion (US$1.65 billion) in financing to support Boralex's renewable energy business in France.
First Solar is facing a class action lawsuit from shareholders over its response to US tariff policy and alleged “misleading” statements about its resilience to the shifting policy landscape.
Pakistan installed 27GW of distributed solar in the last two years, prompting a 21% surge in electricity demand, according to a new report from UK-based energy think tank Ember.