Independent power producer NEFIN has formed a partnership with Taiwanese energy company City Development through its subsidiary NEFIN Capital Taiwan Company (NEFIN Capital) to venture into the solar energy market in the country.
Nine Chinese companies have committed to a collective US$13.76 billion of investment in the Philippines’ renewable energy sector, set to develop solar, wind and energy storage assets.
Sungrow, the Chinese-headquartered inverter and energy storage system supplier, has signed a contract with Samsung C&T to provide its inverter solutions to an 814MW solar PV project in Qatar.
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.
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.
Climate solutions investor Hannon Armstrong Sustainable Infrastructure Capital has closed investment in 1.3GW worth of solar and wind assets to be developed and operated by utility AES. The financing is spread across two programmatic investments of undisclosed value.
Israel-headquartered smart energy technology company SolarEdge has acquired the entire share capital of UK-based Hark Systems, an energy analytics and internet-of-things (IoT) company. SolarEdge said that the acquisition will enable it to offer its corporate and industrial (C&I) customers increased capacity to manage their energy assets.
Solar module supplier Maxeon Solar Technologies has appointed Bill Mulligan as CEO, effective from 23 January, following the departure of its previous CEO, Jeff Waters, in September 2022.
