Inline solar cell measurement equipment specialist Aurora Solar Technologies (AST) has acquired PV equipment specialist BT Imaging for 63 million in common shares and over US$1.2 million in cash.
German energy company STEAG has become a shareholder in fellow German solar software company Solytic as it strives to expand the digitisation of its renewable operations.
US Solar Fund has sold a purchase option over its 50% interest in the 200MW Mount Signal 2 (MS2) PV project in southern California to renewables company MN8 Energy, which was formerly known as Goldman Sachs Renewable Power.
US renewables developer Arevia Power will accelerate its work on new solar and wind projects in the country after securing an investment from KKR and asset management firm GCM Grosvenor.
Indian IPP ReNew Power reported a net loss of INR104 million (US$1 million) last quarter, which it said was as a result of a one-time expense for the refinancing of US bonds with lower cost rupee debt.
Swiss heterojunction cell and module manufacturer Meyer Burger has landed a long-term supply agreement for up to 5GW of PV modules with D. E. Shaw Renewable Investments (DESRI) as it cut its losses in H1 2022 compared with the same period last year.
Canadian Solar has raised its 2022 revenue guidance as it progresses with efforts to ramp up its PV manufacturing capacity following a hike in module shipments in the second quarter.
European solar developer Cero Generation has appointed Ameresco and Sunel Groups’s engineering, procurement and construction (EPC) subsidiary as the contractor for its 100MW solar PV project in Greece.
US residential solar installer Sunnova plans to offer a US$425 million private placement of convertible senior notes due in 2028, to pay off debts and fund operating costs.