Companies

A pay-to-own solar system provider known as Fenix International has doubled its off-grid customer base in just 12 months of operation.

China-based PV energy provider (PVEP) United Photovoltaics Group is arranging a US$250 million bond through Merrill Lynch and Morgan Stanley.

Gigawatt Global, a multinational renewable energy company and partner of Obama’s Power Africa initiative, has broken ground on its 1GW solar programme with the 7.5MW solar project in Burundi.

Canada's SunCommon partners with Sustainable Energy Developments to provide residential, commercial and community solar in New York, Silicon Ranch closes a US$55 million equity fund, and new solar projects are completed in California and Arizona.

Global energy management firm Schneider Electric has acquired US clean energy product provider Renewable Choice Energy in a deal announced on Wednesday.

Washington-based environmental organisation the Sierra Club is taking Florida Power & Light to court over a US$811 million rate hike over the next four years that “bilks millions of customers and further locks the Sunshine State into an over reliance on financially risky, climate-disrupting gas,” the group said.

Southern Company-owned Gulf Power has teamed with Coronal Energy, powered by Panasonic, to develop a 120MW PV portfolio at military bases in Florida.

Renewable energy management platform QOS Energy has raised €3 million from two independent equity investors.

Developer and asset manager Longroad Energy Holdings has acquired a 3GW US-based solar development portfolio from Austin-based renewables firm 7X Energy.

SPONSORED: Electrical contact manufacturer Multi-Contact is to re-brand as Stäubli Electrical Connectors effective immediately.