UK-based energy group Octopus Energy’s generation arm has invested in independent power producer (IPP) FF New Energy Ventures (FFNEV) to develop 1.6GW of solar and storage in Spain and Portugal.
Enfinity Global, a renewable energy developer and service provider, has reached financial close on 112MW worth of solar PV projects in Italy, representing €142 million (US$150 million) in VAT and long-term financing.
Greek industrial conglomerate Mytilineos has reached financial close on 237MWp worth of Australian solar PV projects, with financing from backers ANZ and Westpac.
Trina Solar has said it will challenge a court decision in Germany that found the company has infringed patented technology from rival PV module manufacturer Qcells.
EQT Infrastructure, a global investment group, has agreed to acquire US distributed solar developer Madison Energy Investments (MEI) from affiliates of Stonepeak Partners.
The head of Enel’s 3Sun Gigafactory says the company is in advanced discussions over ventures further upstream than solar cells to make a robust supply chain in the US and explains the advantages of bifacial HJT and tandem technology to be produced at its planned US manufacturing facility.
TrinaTracker, the solar tracker-manufacturing subsidiary of Trina Solar, has penned an 875MW tracker supply contract with Samsung C&T for the Industrial Cities solar power project in Qatar.
Solar developer Altus Power has closed an up to US$200 million revolving credit facility, which will support its growth of assets and serve additional customers with solar PV products, storage and vehicle charging.
German independent power producer (IPP) ILOS Projects has secured a €500 million (US$531 million) structured finance facility from global energy and infrastructure investor EIG, intended to fund ILOS’s plans for over 2GW of solar and battery storage capacity by 2026.