Companies

Global renewables investment platform Qualitas Energy has acquired US solar and storage platform Heelstone Renewable Energy for an undisclosed sum.

Scatec posted record-high revenues and construction figures over 2023 which it said was facilitated by lower module and BESS prices.

US community solar company Nautilus Solar Energy has signed a US$72 million tax equity deal with institutional investment management firm Foss & Company for a 62MW solar portfolio.

Origis Energy has secured US$317 million in project tax equity for two US solar projects with a combined capacity of 350MWac.

Alantra – a renewables asset manager – and solar developer Solarig have secured €213 million (US$232 million) to support the construction of seven solar PV projects with a total 306MWp of generation capacity.

Challenges such as operational difficulties and macroeconomic headwinds cause ADT to quit the residential solar business.

Recurrent Energy, the solar project development subsidiary of global solar manufacturer Canadian Solar, has secured a US$500 million equity investment from Blackrock, the world's largest asset manager.

Rio Tinto has signed a power purchase agreement (PPA) with European Energy to buy all of the power at the latter’s Upper Calliope solar farm.

Empact Technologies will manage Inflation Reduction Act (IRA) compliance for Ampliform's current and future projects.

Over the last six months, two major US utilities – American Electric Power (AEP) and Duke Energy – have been selling off their commercial solar PV assets to private investment groups and consolidating their operations in regulated markets.