EDF subsidiary PowerFlex is to offer commercial and industrial (C&I) customers onsite solar, adding to its battery storage, electric vehicle (EV) charging, microgrids and energy management systems offerings.
Solar’s dominance in recent renewables auctions in Poland has further reinforced the promising outlook for the market, with developers and analysts welcoming support provided for the construction of smaller projects.
German renewables asset operator Blue Elephant Energy has shelved plans for an initial public offering (IPO) after it secured a €75 million (US$88.8 million) cash injection.
While the Asian solar industry has been hit by COVID-19 fueled disruption, the pandemic has also boosted interest from offtakers, industries and governments alike.
BlackRock has secured more than US$250 million for a finance vehicle that will invest in renewables and energy storage projects in countries across Asia, Latin America and Africa.
Generac is to acquire Chilicon Power, a US-based microinverter and solar monitoring solutions provider, in a deal which will see the company take aim at the solar microinverter market.
Italy’s transmission system operator Terna will invest €18.1 billion (US$21.4 billion) in the next ten years to strengthen the country’s grid and support the integration of new clean energy projects.
The proven ability to install large-scale floating PV plants on water bodies across Southeast Asia means financing should be readily available for new projects, it was suggested during a panel discussion today.
