SunPower has extended its supply agreement with solar technology company Maxeon until 2025 as it seeks to meet rising demand for residential solar in the US.
Renewables developer Econergy Renewable Energy has finalised a €150 million (US$157.7 million) loan agreement with Phoenix Insurance to support its pipeline of solar PV projects in Romania and Poland.
The share of renewables in net electricity generation in Germany nearly accounted for half of total power generation in 2022 with 49.6%, according to the Fraunhofer Institute for Solar Energy Systems (ISE).
US independent power producer (IPP) Silicon Ranch has conducted a US$600 million equity raise, bringing its total funds raised in 2022 to over US$1 billion.