Companies

SunPower has breached a credit agreement, and Enphase Energy has announced layoffs, raising concern over the companies' ability to operate.

Canadian renewables firm Westbridge Renewable Energy has completed the sale of a 278MWdc (230MWac) solar project in Canada to a subsidiary of Greek developer Mytilineos.

The money will support the development and operation & maintenance (O&M) of 67MW worth of solar PV projects.

Peak Energy and TOPINFRA have launched a joint venture that aims to develop more than 500MW of solar and battery storage capacity.

London-based renewables fund NextEnergy Capital (NEC) has bought a 100MW solar PV plant in Florida, US, marking the first acquisition under its NextEra ESG V investment fund.

New legislation and fresh investors have made a significant impact on the US solar sector, according to Summit Ridge Energy.

Soltec has signed an agreement with Spanish energy company Repsol to provide the firm with 300MW of trackers for three projects in Spain.

Global oil & gas giant Shell has sold a partial ownership stake in two renewable energy projects in the US.

Meta has signed a power purchase agreement with Salt River Project (SRP) and Ørsted to acquire electricity from the Eleven Mile Solar Center.

Professor Martin Green expects the larger companies to survive the current pressures in the solar industry which keeps adding capacity.