Financial & Legal

US renewables developer NextEra Energy has posted an improved financial results for the first quarter of 2024, with net income increasing by 8.7%.

Spanish developer Matrix Renewables has secured €179 million (US$191 million) in financing for a 239MW Spanish solar PV portfolio.

Solar manufacturer Maxeon Solar Technologies has initiated a patent infringement lawsuit in the US against Korean-owned PV manufacturer Hanwha Qcells.

Low solar module prices kept solar PV competitive in the energy market in 2023 despite generally falling electricity prices.

Solar manufacturer Maxeon Solar Technologies has initiated a patent infringement lawsuit in the US against module manufacturer REC Solar Holdings.

Trina Solar has signed a master sales agreement with PetroGreen to provide 117MW of modules to the latter’s projects in the Philippines.

The monetary environment over the next couple of decades is expected to remain much tighter than the "zero era" between 2009 and 2022.

Automotive manufacturer Stellantis has acquired a minority stake in Argentinian renewable energy company 360Energy Solar.

The European Investment Bank (EIB) has signed a €150 million (US$159 million) loan to support the development of solar PV and hydropower plants in Bhutan.

Corporate financing in the solar sector reached US$8.1 billion in the first quarter of 2023, according to energy analyst Mercom Capital.