A new partnership between CrossBoundary Energy Access and Engie Energy Access plans to build a US$60 million portfolio of mini-grids that are expected to connect more than 150,000 people to electricity in Nigeria.
A subsidiary of Indian conglomerate Reliance Industries will invest US$12 million to acquire a 20% stake in Caelux Corporation, a California-based company working on perovskite solar technology.
JA Solar has been promoted to AAA-Rating status for the first time, joining LONGi Solar and Trina Solar in this exclusive bankability ratings, now recognised widely across the PV sector as one of the most accurate and detailed ranking systems on offer to PV module buyers when undertaking supplier due diligence.
Renewables developer Prospect14 has partnered with a group of investors to launch a joint venture that will develop, build and operate utility-scale PV and solar-plus-storage projects in the US.
The proliferation of solar requires PV projects to adapt to their grid surroundings, which increasingly entails connecting alongside adjacent technologies, be it energy storage, other renewables or green hydrogen. Amid the growing threat of curtailment, Jules Scully looks at the rise of the ‘solar-plus’ market and the financial models underpinning it.
Spanish tracker manufacturer PV Hardware is aiming to reach more than 21GW of annual production capacity globally as it progresses with plans to open a new factory in the US next year.
US energy software-as-a-service (SaaS) company Enverus has acquired Madrid-headquartered PV software provider RatedPower, broadening its portfolio of solutions in the solar industry.
