Companies

US independent power producer (IPP) Silicon Ranch has secured a US$500 million investment from Danish fund manager AIP Management.

Dwindling stocks are causing concern in the European solar module market even as prices remained steady in March, according to the latest pv.index report from solar trading platform sun.store.

FTC Solar has reported revenue of US$13.2 million in the fourth quarter of 2024, the highest quarterly figure reported in 2024.

JinkoSolar shipped a record 99.6GW of products in 2024, but its operations delivered losses for the first time in the last five years.

Qair has inked PPAs with Tunisian state utility Société Tunisienne de l’Electricité et du Gaz (STEG) for 298MW of solar PV.

Canadian Solar has recorded a 1% quarter-on-quarter increase in revenues in the fourth quarter of 2024, while year-end profits have fallen.

The IPP has a renewables portfolio of 1.9GW solar, wind and energy storage capacity operational or under construction.

Scatec has penned a 25-year PPA with Tunisian state utility Société Tunisienne de l'Electricité et du Gaz for a 120MW solar PV power plant.

Actis has acquired Stride Climate Investments, from the Macquarie Group, and with it a 371MW portfolio of operating solar assets in India.

CIP said it expected the CI V fund to add up to 30GW of renewable energy generation and storage assets to global energy grids.