Companies

Residential solar installer SunPower has invested in its California sales and marketing division to ensure that as many customers can apply for favourable net energy metering (NEM) 2.0 rates.

Otovo stopped trading on Euronext Growth Oslo on 13 February and moved to the main list on the following day.

Utility company Enel Chile's renewable energy arm Enel Green Power Chile has begun commercial operation of its 375MW Campos del Sol PV power plant after receiving official authorisation.

Spanish power company Naturgy and energy infrastructure developer Enagás Renovable have unveiled a 280MW renewable hydrogen power plant in Spain.

Certification services company UL Solutions has formed a partnership with the Modular Energy System Architecture (MESA) Standards Alliance to standardise distributed energy communications.

Toyota Tsusho Corporation has announced an 85% stake purchase in SB Energy, the Japanese Solar developer subsidiary of SoftBank Group.

Global renewable energy developer SOWITEC has sold three Mexican solar PV plants totalling 570MW. The projects represent more than half of its 1GW development portfolio in the country.

Grenergy has purchased the remaining stake of 60% in UK solar energy facility developer Sofos Harbert to strengthen its business in the US.

Indian PV manufacturer Emmvee has partnered with Fraunhofer ISO – a leading solar research centre – to build a 1.5GW solar cell manufacturing facility near Bangalore, southern India.

Israel-headquartered smart energy technology company SolarEdge's yearly net income in 2022 dropped by 45%, despite the total revenue increasing by 58% year-on-year.