News

Global renewables investor Actis has agreed to sell 100% of African independent power producer (IPP) BTE Renewables to French utility giant Engie and investment firm Meridiam for US$1 billion.

Senegal has announced a partnership with several countries and the EU to accelerate renewable energy deployment, receiving €2.5 billion (US$2.71 billion) new and additional financing starting from 2023.

Indian module manufacturer Vikram Solar has formed a joint venture (JV) with private equity firm Phalanx Impact Partners, and venture capital company Das & Co. to develop a vertically integrated solar manufacturing operation in the US.

Alternative asset manager Blackstone Infrastructure has invested US$1 billion in equity investment in Invenergy Renewables to support its expansion.

In his new position, de Vries is responsible for the long-term operations and maintenance of each of the company's solar project

Grounding issues and damaged modules are the most common safety problems among rooftop solar projects, according to Clean Energy Associates (CEA).

Canadian investor Altius Renewable Royalties has invested US$45 million into US renewable developer Hexagon Energy.

Finnish energy company Ilmatar has plans to develop a 350MWp solar PV project in Grums, central Sweden and two other projects in Finland.

The Emerging Africa Infrastructure Fund has announced that the 40MW Kesses solar project in Kenya has started operations.

Finnish utility Fortum has begun development on an 80MW solar PV plant in Finland’s Virolahti municipality in the Southeast of the country bordering Russia. It will be Fortum’s first solar PV project in its home country.