Companies

US solar and energy storage developer Borrego will spin off and sell its development business, including its more than 8.4GW PV project pipeline, to investment firm ECP.

Danish developer Better Energy has partnered with Finish solar company Forus to develop more than 1GW of solar PV in Finland.

Spanish utility Iberdrola will invest €3 billion (US$3.2 billion) in green hydrogen, the company’s chairman, Ignacio Galán, has announced as he called for a stable European framework to boost investment in the technology.

TotalEnergies has made its “largest investment in US renewables” to date, acquiring a stake in developer Clearway Energy.

Canadian Solar has unveiled a new PV manufacturing strategy, bringing more upstream capacity inhouse to reduce its exposure to pricing volatility.

South Korean conglomerate Hanwha Group has said it will invest US$3.3 billion in solar and wind technology and intends to create a solar R&D hub in Korea as part of a massive investment strategy focused on several industrial areas.

Solar testing firm PI Berlin has been acquired by Kiwa Group, bolstering the latter’s growing position in the solar PV field.

Shipping costs will fall in the coming years, but will not fully normalise for at least another five years, PV Tech Insights heard this week.

Independent power producer (IPP) RES has announced a collaboration with power purchase agreement (PPA) provider Alight to develop new solar projects in central and south Sweden. 

SMA Solar CEO Jürgen Reinert tells PV Tech Premium how the solar industry is benefiting from increased access to politicians as he calls for more support for European PV manufacturers.