Companies

Off-grid solar product manufacturer d.light has secured US$30 million to purchase up to US$125 million of receivable assets.

Total module shipments were up 36.2%, from 13GW in Q1, and n-type shipments rose 74.1%, up from just under 6GW.

Xcel Energy is accepting bids for solar and battery storage projects to replace its Allen S. King coal-fired power plant in Minnesota.

Solar manufacturer Canadian Solar has signed a 7GW module supply agreement with EDF Renewables North America.

Swift Current Energy has closed financing for its 800MWdc/593MWac Double Black Diamond solar project, having raised US$779 million.

AXA Investment Managers' investment arm AXA IM Alts has bought 25% stake in in Iberian renewables platform Finerge from Igneo Infrastructure Partners.

Atlas Renewable Energy and Isagen have partnered to develop, build and operate 1GW of solar projects in Colombia.

French-headquartered independent power producer (IPP) Qair has secured a PLN335.3 million (US$83.1 million) loan for 130MW of solar PV projects in Poland.

US renewable power developer Invenergy has secured US$1.5 billion revolving credit facility from financial company Natixis Corporate & Investment Banking.

US solar installer Sunrun's installed solar capacity in the second quarter of 2023 increased by 23% quarter-on-quarter, while it also significantly improved its net income to US$55.5 million in Q2.