Companies

US community solar developer Nexamp has raised US$520 million to expand its operations into new markets and execute its existing project pipeline.

Renewable energy financier Excelsior Energy Capital has signed a 2GW solar module supply agreement with Canadian-headquartered solar manufacturer Heliene.

Japanese conglomerate Toyota Tsusho Corporation has established a new joint venture (JV) seeking to develop renewable energy projects across Africa.

Solar inverter supplier Solaredge has acquired Wevo Energy, an electric vehicle (EV) charging software startup.

Solar PV and energy storage developer and operator MN8 Energy has secured a private placement of US$325 million.

Solar developer Recurrent Energy has secured a €110 million (US$119 million)multi-currency finance facility to support the development of its global solar PV and energy storage project pipeline.

Voltalia has reported earnings before interest, taxation, depreciation and amortisation (EBITDA) of €241.1 million (US$259 million) in 2023.

US utility Dominion Energy has received approval from the Virginia State Corporation Commission for 764MW solar projects.

Kiwa Group has integrated three subsidiaries, PV Evolution Labs (PVEL), PI Berlin and Extel Energy, into one brand.

Invenergy has secured US$1.27 billion for the construction of a 677MW renewables portfolio, including a 189MW solar PV project in Kansas.