Companies

Clean energy investment platform Renewable Power Capital (RPC) has announced the creation of a new joint venture that will develop and acquire 3.4GW of solar PV in Spain.

Solar developer ReneSola returned to net profit last year despite struggling with declining revenues throughout 2020.

Market leading PV module film material manufacturer, First Applied Materials has reported soaring profits on the back of growing demand, increased capacity and higher average selling prices (ASPs) for the fourth quarter and full-year 2020.

UK energy supplier Octopus Energy is to take on Octopus Renewable’s assets as part of an internal transaction that will see it become on of Europe’s largest renewable energy generators.

German agriculture group BayWa is forecasting a significant revenue rise for its renewables unit this year, thanks to a strong project pipeline and growth in PV component trading.

US residential installer Vision Solar plans to add around 1,000 jobs by the end of 2022 on the back of projected business growth of 168% per annum.

US solar installer SunPower has confirmed that chief executive Tom Werner is to retire from the company.

Encavis expects revenue from its solar parks to rebound this year following a 2020 that saw the company’s portfolio affected by “average” meteorological conditions.

Scatec has unveiled a NOK 100 billion (US$11.7 billion) plan that will see the company expand its renewables portfolio to 15GW over the next four years.

LONGi Solar has taken its confirmed solar module orders from Pakistan this year to 500MW, the majority of which it said were for its Hi-MO 5 series.