A consortium led by Macquarie Asset Management is acquiring French independent power producer (IPP) Reden Solar for an enterprise value of €2.5 billion (US$2.7 billion).
Inverter supplier SMA Solar Technology has lowered its 2021 earnings forecast even further and has warned of additional headwinds this year due to the ongoing global chip shortage.
Italy must accelerate the authorisation of new solar projects to reduce the country’s reliance on imports of Russian gas, the president of industry trade association Italia Solare has said.
Swiss fund manager SUSI Partners is exploring PV-plus-storage investment opportunities, building on a string of announcements in recent months that have seen it bolster its utility-scale solar position in markets such as Poland and Italy.
Falling PV prices and expanded financing options have contributed to a rise in rooftop solar deployment among lower-income households in the US in recent years, a new report from Lawrence Berkeley National Laboratory (Berkeley Lab) has said.
US residential solar installer SunPower will provide its PV and battery storage systems to housing developer Landsea Homes at part of a multi-year exclusive agreement between the two California-based companies.
President Joe Biden used his first State of the Union address to emphasise the need for more renewables investment and tax incentives to speed up solar deployment.
German renewables company BayWa r.e. is planning to realise more than 1GW of solar and wind plants this year as it heightens its focus on subsidy-free projects.
Germany is set to rapidly accelerate solar and wind deployment as it brings forward plans for renewables to account for all the country’s electricity needs by 2035.
