Norwegian start-up Otovo has secured NOK 300 million (US$33.7 million) through a private placement to support the expansion of its solar marketplace into six new European countries.
Renewables investor and developer Econergy has secured more than €200 million (US$227 million) through two joint ventures (JVs) to support the construction of part of its project pipeline in Eastern Europe.
French electrical equipment group Schneider Electric has acquired a controlling stake in EnergySage that will see the US-based solar marketplace provider look to scale its business globally.
Leading US solar installer Sunrun installed 792MW of solar capacity in 2021, a 31% growth on 2020, exceeding guidance, reflecting the highest growth rate in five years and bringing its total networked capacity to 4.7GW, according to its Q4 and full year 2021 financial results.
Having completed its entry into the electric vehicle (EV) sector, microinverter supplier Enphase Energy is now accelerating efforts to develop bi-directional charging to offer a package that benefits homeowners and its installer partners while easing pressure on the grid.
US solar installer SunPower’s backlog has reached its highest ever level, but the firm said its Q4 earnings were hit by a supplier quality charge as well as installation delays because of COVID and poor weather.
According to a 2019 IRENA report, less than a third of renewables sector jobs were filled by women, a figure which falls further in certain geographies and positions. Molly Lempriere profiles some of the industry initiatives to drive fair representation forward.
