Companies

Singapore-based energy company Sembcorp has announced an agreement to buy 245MW of renewables projects in Vietnam.

SMA Group has posted an improved financial results for the first nine months of 2023, with sales increasing by more than 84% year-on-year.

US distributed solar asset owner Spruce Power has posted increased sequential revenues and adjusted EBITDA in the third quarter of 2023, as its total portfolio of residential solar assets and contracts increased to over 75,000.

US renewables asset manager Arevon Energy has reached financial close on its 157MW/150MW (600MWh) Vikings solar-plus-storage project in Imperial County, California.

Indian energy conglomerate Avaada Group will develop a 1.4GW solar PV project in its home country.

US residential solar companies Sunrun, Sunnova and power product supplier Generac have been selected by the US Department of Energy (DOE) to install rooftop solar and battery storage systems for vulnerable households in Puerto Rico.

US solar tracker manufacturer Array Technologies has published its financial results for the third quarter of this year, with revenue decreasing by 32% to US$350.4 million due to the decreased shipments.

Renewables developer and asset owner Madison Energy Infrastructure has acquired Pro-Tech Energy Solutions, a corporate and industrial (C&I) sector engineering, procurement and construction (EPC) solar firm.

Singapore-based energy company Sembcorp Industries has targeted 25GW of installed renewables capacity by 2028.

US solar and storage developer Strata Clean Energy has secured a US$300 million revolving loan and letter of credit facility to develop its diversified project pipeline of over 17GW.