Will Norman

Masdar acquired 70% of Terna Energy’s outstanding shares at €20 per share, valuing the company at an enterprise value of €3.2 billion.

India installed around 13.2GW of new utility-scale solar capacity from January through September this year, a roughly 161% increase.

FTC Solar will implement a reverse stock split later this week in order to meet the US$1 minimum stock price required to list on Nasdaq.

SPE said the inverter industry “faces difficulties due to global manufacturing overcapacity and a slowdown in the rooftop PV segment in several important European markets.”

Leading a consortium of investors via a holding company, Elbe BidCo, KKR acquired 87.41% of outstanding shares in Encavis at €17.50 per share.

Solarcycle will buy naturally produced soda ash from Genesis Alkali, a key component in glass production.

RWE will acquire seven potential solar and energy storage projects on Peabody’s land and will partner with the mining firm on the remaining three.

A roundup of three solar project announcements in the US states of Texas, California and Illinois from three developers.

Gautam Adani is accused of allegedly paying US$250 million in bribes to Indian officials to secure solar energy contracts.

Since filing the complaints, Trinasolar has announced the sale of its Texas solar module manufacturing facility to Freyr Battery.