Companies

At the same time, the company said that US trade laws and tax credits had created some uncertainty in the solar project market.

Australian startup SunDrive Solar has revealed that it has undergone a restructuring of the company, resulting in job cuts, as it looks to “sharpen focus on solar”.

In the three months to 30th June 2024, SunRun generated total revenue of US$523.8 million, down YoY from US$590.1 million in Q2 2023.

This is JERA Nex’s first foray into the US solar market and was executed in partnership with JERA Americas.

The €50 million green loan will support the design, construction and operation of five solar PV projects in Castilla y Leon and Extremadura.

The partnership aims to build two solar PV plants - Sidi Bouzid and Tozeur solar projects – each with 60MW of capacity.

The average price of monofacial n-type solar modules in Europe fell 13% over the month, from €0.128/Wp to €0.113/Wp.

The US$309 million back-leveraged term loan will support 80 community solar projects owned by Summit Ridge Capital Holdings, a joint venture (JV) between Summit Ridge Energy and HASI

SunPower also entered into an asset purchase agreement with residential solar company Complete Solaria to serve as the stalking horse buyer.

This is the second acquisition in a little bit over a month for Nextracker after the acquisition of US-based solar foundation company Ojjo.