Companies

FP Lux Group has purchased a 114MWp portfolio of solar PV projects in Italy from German renewables developer PNE in the first investment of its FP Lux Energy Transition Fund.

Israel-headquartered solar inverter supplier SolarEdge has announced that it will lay off about 900 employees to reduce operating expenses.

US distributed generation platform Aspen Power has secured US$241 million in three financing tranches to support construction of its future solar PV assets.

Tandem PV has secured US$6 million to advance research and development and plans to build its first manufacturing plant.

UK-based renewable energy developer SSE Renewables has acquired a 400MW solar portfolio in Poland.

Enel Green Power Australia, the Australia-based renewables arm of Italian energy company Enel, has signed a binding agreement with minerals company QEM to purchase a 1GW solar and wind project.

Apex and Microsoft have signed a power purchase agreement (PPA) that will see the latter buy electricity from the Wheatsborough solar project

Eni Plenitude,has acquired an 80% stake in a portfolio of US projects, which accounts for a power generation capacity of 272MW.

A consortium of EDF Renewables and Korea Western Power Corporation (KOWEPO) has reached financial close on a 500MW solar PV plant in the Sultanate of Oman.

GCLSI has signed a module supply contract with NTPC Renewable Energy to supply the company with 1.1GW of solar modules.