Companies

Brookfield Asset Management has raised US$15 billion as part of its Brookfield Global Transition Fund that will focus investments on the transition to a net zero carbon economy.

Australian energy software company Evergen has closed a AU$15 million (US$10.4 million) series B funding round, its largest capital investment to date.

Independent power producer (IPP) AMPYR Solar Europe (ASE) and German developer Belectric have agreed to install a pipeline of more than 200MW of solar PV capacity in Germany within the next two years.

Trina Solar has started construction on a vast new industrial park in the central Chinese province of Qinghai that will cover almost the entire PV manufacturing chain from polysilicon production all the way down to modules.

Tongwei has announced that its subsidiaries have signed a RMB50.9 billion (US$7.58 billion) silicon material sales contract for 216,100 tons with Qinghai Gaojing Solar Energy Technology Co., Ltd.

Spanish developer Matrix Renewables has signed its first US tax equity financing for two solar and energy storage projects in California.

Management firm Mirova has acquired solar finance business SunFunder in a push to expand its investment platform in emerging markets.

A Spanish court has ruled that Iberdrola must return part of the land on which its 500MWp Núñez de Balboa solar project has been constructed.

Solterra Energy has entered into a partnership with renewable investors Leyline Renewable Capital, under which Leyline will provide US$10 million to support up to 1GW of distributed generation (DG) and utility-scale solar projects across the eastern US.

Project developer Solar Philippines has submitted offers to contract output from 10GW of PV plants currently under development.