Companies

Solar tracker manufacturer and project developer Soltec has created a new asset management unit to mitigate risks in the value chain, as it continues efforts to overcome supply headwinds.

JinkoSolar has signed a deal to supply 600MW of its n-type Tiger Neo modules to Brazilian PV distributor Aldo Solar.

The CEO of US solar and energy storage developer Borrego has said the company’s project development business will be less capital constrained under the new ownership of investment firm ECP, following a deal announced earlier this week to spin off and sell the unit.

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.