Renewable energy investor Copenhagen Infrastructure Partners (CIP) has acquired the majority share in Mulilo Energy Holdings, a South African independent power producer (IPP),
Inverter supplier SMA Solar Technology has published provisional financial results for 2022 which show significant improvements in EBITDA and net income compared with 2021.
Italian PV panel manufacturer FuturaSun has acquired 24,000 square metres of land to build a factory with 2GW production capacity in a year, relaunching its PV supply chain in Europe.
Spanish PV developer Enerside has entered into a joint venture (JV) with Alternative Green Energy Italy Holco 2 (AGE) to support 2.6GW of solar PV projects in Italy.
Renewable energy platform Origis Energy has obtained a US$750 million credit facility for its solar and energy storage development project pipeline in the US.
US clean energy platform Palmetto has raised US$150 million from private equity firm TPG's climate investment arm TPG Rise Climate to increase clean energy adoption and access to residential solar across the US.
Independent producer of PV renewable energy Reden has inked a deal with financial institutions, including the European Investment Bank (EIB), Crédit Agricole Corporate and Investment Bank Milan branch and Natixis Corporate and Investment Banking, to fund a solar portfolio in Italy.
In January the South African government released an amendment to its energy action plan that lowered the local content requirements of solar modules deployed on government-backed schemes from 100% to 30%. The move was unsurprising to many, and may speak to the overwhelming rise of private projects in the country’s PV sector.
