Companies

Clean energy investor Octopus Investments Australia has launched a AU$10 billion (US$6.9 billion) platform that will finance renewables assets and has already acquired Australia’s largest operational solar project.

Following the implementation of the US’ Uyghur Forced Labor Prevention Act (UFLPA) on 21 June, the EU has come under increasing pressure to enact similar measures, with upcoming legislation potentially holding big implications for the region’s solar sector.

GAF Energy has committed to building a new solar shingle factory in Georgetown, Texas that will see its annual capacity rise to 300MW.

Keppel Energy Nexus has landed a contract to pilot a membrane-based nearshore floating solar PV (FPV) system at Jurong Island, Singapore using FPV company Ocean Sun’s technology.

Totalenergies has launched legal action against major solar manufacturer Trina Solar, alleging fraud and breach of contract relating to a 900MW+ module order.

India’s government will stop the electronic reverse auctions of renewables projects in the country amid fears it is leading to “unhealthy competition”.

JA Solar is forecasting to ship as much as 40GW of modules this year as it expects its n-type cell capacity expansion to deliver next year.

TRC Companies has acquired solar PV and storage engineering company Blue Oak Energy, strengthening its renewable energy capabilities.

US community solar owner-operator Summit Ridge Energy has secured a US$175 million investment from private equity firm Apollo Global Management.

Corporate funding in the global solar sector in the first half of 2022 was down 11% year-on-year as activity dropped especially during Q2, according to research from Mercom Capital Group.