The engine manufacturer MAN Energy Solutions, part of the Volkswagen group, will invest €500 million (US$554.36 million) in its subsidiary H-TEC SYSTEMS to ramp up its green hydrogen strategy.
SoftBank-owned SB Energy has signed an order for 1.5GW of thin-film PV modules from First Solar to deploy across its 4GW solar and storage development pipeline projects in the US.
US utility Florida Power & Light (FPL) has picked Cummins to supply a 25MW electrolyser system for what's claimed to be the first green hydrogen plant in Florida.
Polysilicon producer Daqo New Energy’s has signed a long-term supply agreement for high-purity mono-grade polysilicon for a total amount of 30,000MT between 2022 and end of 2026, essentially selling out its inventory for this year.
Australian mining magnate Andrew Forrest’s Squadron Energy will invest AU$3 billion (US$2.16 billion) in wind, solar and battery storage project in Central Queensland, Australia.
Solar tracker manufacturer and project developer Soltec witnessed a strong Q4 performance help reduce its loss for the full year to €1.2 million (US$1.34 million), with its project pipeline growing to in excess of 10GW.
Global energy company AES added more than 2GW of renewables and energy storage to its portfolio last year as the business formally confirmed its intent to exit coal generation by 2025.