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World Bank, Masdar sign US$159 million financing for 250MW Uzbekistan solar-plus-storage project
May 21, 2024
The World Bank and Masdar have announced a US$159 million financing package to support a 250MW solar-plus-storage project in Uzbekistan.
Iberdrola fully acquires US subsidiary Avangrid
May 20, 2024
Spanish energy utility Iberdrola has taken full ownership of its US subsidiary Avangrid for a total of US$2.551 billion.
GreenYellow acquires Grow Energy Management and 120MW Polish and Portuguese portfolio
May 17, 2024
GreenYellow has bought Grow Energy Management (GEM), acquiring its 120MW portfolio of PV projects in Portugal and Poland.
Silfab and Schneider Electric sign IRA 45X manufacturing transferability deal
May 16, 2024
US solar cell and module manufacturer Silfab Solar has completed a tax credit transfer deal with energy software company Schneider Electric.
Tigo Energy reports ‘more stabilised environment’ and consistent results in Q1 2024
May 15, 2024
Tigo Energy has published its financial results for the first quarter of 2024, which include revenues of US$9.8 million.
Nextracker FY 2024 backlog orders up 56%, expects revenue to increase about 15%
May 15, 2024
Nextracker's backlog has posted the financial results for Q4 2024 and FY 2024, with backlog increasing by more than 50%.
Canadian Solar Q1 2024 module shipment drops 20%, quarterly net income improves
May 10, 2024
Canadian Solar's quarterly module shipment decreased by more than 20%, but it posted a net income of US$12.4 million in Q1 2024.
Sunrun Q1 solar installations drop to 177MW, reduces 2024 solar addition targets
May 9, 2024
US residential solar and storage company Sunrun has narrowed its net loss for the first quarter of 2024, but its solar capacity additions continued to drop for four quarters in a row.
Adani Green Energy expands solar and renewables portfolios in 2024 financial year
May 8, 2024
Adani Green Energy has published its results for the 2024 financial year, which include a 33% growth in revenue from power generation.
First Solar breaks module production record with 3.6GW in Q1 2024
May 2, 2024
Of the total production volume, the company’s Series 6 modules accounted for 2.4GW, with the remaining production being the Series 7 modules.
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