Companies

The credit facility consists of US$275 million term loan, a $175 million revolving credit facility, and a $150 million letter of credit facility.

Chinese solar module manufacturer Hanersun will supply 400MW of its n-type modules to Brazilian solar investment platform Solfácil for its distributed generation operations.

Solar Module Super League (SMSL) member Trina Solar has signed a memorandum of understanding (MOU) with Australian solar wholesale distributor Solar Juice which will see the latter buy 1GW of Trina Solar modules.

Emeren has published its financial results for the third quarter of the year, posting a revenue of US$13.9 million.

Of its three major operational markets – the US, Europe and Latin America – Grenergy particularly highlighted Chile as a fulcrum for leveraging up its solar and storage businesses.

Clēnera's affiliate Country Acres Clean Power has entered into a busbar PPA with SMUD for a 392MWdc/344MWac solar project in California.

Investment bank Macquarie Asset Management has launched a new onshore renewable energy business division Aula Energy, developing renewables including solar in Australia and New Zealand.

Thin-film manufacturer First Solar is well placed to weather any downturn in PV manufacturing going into 2024.

Small-scale utility and community solar developer Renewable Properties has secured a US$25 million development capital investment to continue developing its 1GW US community solar project pipeline.

Norwegian energy company Statkraft has acquired Spanish renewables developer Enerfin for an estimated €1.8 billion (US$1.9 billion).