US-based independent power producer Enfinity Global has closed €300 million (US$316 million) in equity funding from global alternative asset manager ICG, with another €100 million expected to close within a year.
The agreements cover two solar projects and one onshore wind project as they are the first phase of a 10GW pipeline of renewables projects in Azerbaijan signed in 2022.
US residential solar installer Sunnova's new customer addition slightly dropped to over 37,000 in the third quarter this year, while its net loss in the same quarter increased to US$56.5 million year-on-year.
French renewable power producer Neoen has begun construction on a 100MWp PV plant in Sweden, alongside Swedish independent power producer (IPP), Alight.
Multiple European solar associations have published an open letter, calling for the EU to develop industry strategy for the European solar PV sector and opposing the introduction of tariffs and trade barriers.
