Companies

Residential solar installer SunPower increased its new customer addition record for a single quarter with 23,100 customers added in Q3 thanks to continued strong demand for rooftop PV.

Bank of America and CrossBoundary Energy will explore financing solutions to expand the latter’s renewable energy portfolio across Africa, the commercial and industrial (C&I) solar developer announced at the COP27 conference this week.

Norwegian renewables developer Hydro Rein and German investment company Commerz Real have agreed to acquire 362MW of solar PV projects in Denmark.

Global investment firm KKR has signed a US$400 million financing deal with Indian-based Serentica Renewables to expand its clean energy projects.

Renewables asset owner Brookfield Renewable is planning to commission at least 10GW of clean energy projects in the next three years, leveraging its newly acquired US solar businesses.

Aspen Power Partners, a US distributed generation developer, has received a US$350 million investment from global investment firm Carlyle. It said that the funds will be used to fuel its growth and acquisitions strategy.

The CEO of US solar installer Sunrun has called for faster action to reduce import delays that continue to impact the country’s PV industry.

Norwegian energy company Equinor has acquired Danish solar developer BeGreen, strengthening Equinor’s solar PV portfolio and capabilities.

Independent Power Producer AMPYR Solar Europe (ASE) has acquired Netherlands-based SolarEnergyWorks (SEW) and its 750MWp asset pipeline of ready-to-build and under-development assets