Companies

Canadian Solar has raised JPY22 billion (US$208 million) for its Japan Green Infrastructure Fund (JGIF), which will develop and accumulate solar projects in the Asian country.

Major PV inverter manufacturer SolarEdge Technologies reported year-on-year revenue growth of just 2.4% in 2020, compared to growth rates of over 50% per annum in recent years.

Newly-launched unit to benefit from quicker lead times for new products, plots European expansion

Lightsource BP has brought its Italian development pipeline up to 1.2GW with the purchase of a 78MW project in Sicily.

India’s renewables sector will need to garner investments of around US$500 billion in order to meet its target of 450GW of clean energy capacity by the end of the decade.

Greek industrial group Mytilineos has acquired a portfolio of solar and battery storage projects in a €56 million transaction it says “heralds the transition to a new era” for the company.

Integrated PV module manufacturer REC Group has said its CEO of six years, Steve O’Neil, is to leave the company at the end of this month.

Hamburg-based solar operator Blue Elephant Energy has entered the Greek market for the first time by acquiring two solar parks totalling 45MWp capacity from developer ABO Wind AG.

Amazon, Google, and Verizon bought more renewable energy than any other corporations in the US, according to a new report, which also claims that utility-scale solar power is the most popular fuel in the corporate space.

Lightsource BP has added another 845MW to its solar development pipeline by acquiring a PV project portfolio from local developer Iberia Solar.