Companies

Oil and gas major bp has officially acquired solar PV developer Lightsource bp, securing the remaining 50.03% interest in the company.

Jinko Solar and Sungrow aim to go public on the Frankfurt Stock Exchange in Germany, which has attracted widespread attention.

Board chair Christine Detrick cited an "ongoing disconnect between the share price and our view of intrinsic value."

The loan will support the development of the Guayepo I and II solar PV projects, as well as Enel's distribution business.

JinkoSolar has signed a supply deal with Saudi Arabian power developer ACWA Power to provide 3GW of TOPCon PV modules.

EQT said the acquisition will help OX2 to grow its market position and strengthen its market presence in the long term.

Oil and gas explorer Pilot Energy announced today (9 October) that it received a non-binding offer from renewable energy developer EDP Renewables APAC to take full ownership of the 376MW Three Springs solar PV power plant in Western Australia.

Zelestra has acquired a majority stake in German independent power producer (IPP) East Energy GmbH from CropEnergies.

Engie said the loan would support its plan to phase out coal from its portfolio by 2025 in continental Europe and 2027 worldwide.

Australian utility Origin Energy announced its intention to withdraw from hydrogen and focus on renewable energy and energy storage, citing “uncertainty around the pace and timing of development of the hydrogen market".