Companies

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.

Osaka Gas has partnered with Clean Max Enviro Energy Solutions to form a JV to develop a 400MW renewable energy portfolio in India.

The move is an effort to strengthen its financial position after reporting losses of €126 million in the first half of 2024.

Despite revenue improvements, the company signalled doubts over its ability to continue operations and stay afloat over the coming year.