Last week’s collapse of Silicon Valley Bank (SVB) has brought doubts in terms of capital financing for the renewable industry with a big impact on the community solar market as the entity had financed up to 62% of the US community market.
Asset investor Kajima Europe and equity investment company Griffin Capital Partners have formed a joint venture (JV) to acquire a majority stake in Polish PV installation company Hymon.
Independent power producer Amarenco has purchased 90% stake in PV solar panel owner Infram from investment company M&G's infrastructure equity investment arm Infracapital.
Last week, French PV startup Carbon announced plans for an integrated European PV manufacturing facility to produce an initial capacity of 5GW of cells and 3.5GW of modules. The company spoke to PV Tech Premium about its short and long-term plans, and why Europe needs a PV manufacturing ecosystem.
Solar inverter and solutions provider Solinteg is opening a new factory in the Chinese city of Wuxi that will add an initial 4GW of manufacturing capacity as the company aims to meet increasing demand for its products.
Solar PV manufacturer QCells has announced that Dr. Danielle Merfield will join the company as its new global chief technology officer, with a view to accelerating its US technological advances.
US independent power producer (IPP) Navisun has secured financing of up to US$235 million through two debt facilities, which it says will contribute to its growth strategy and executing its project pipeline.
Renewable power producer BrightNight has formed a partnership with energy platform ACEN Corporation to ramp up the development of its 1.2GW renewables portfolio in India.
