Financial & Legal

Excelsior Energy Capital has sold a 38-project solar-plus-storage portfolio, with a combined capacity of 89MW, to BlackRock.

JA Solar has signed memoranda of understanding with three Pakistani companies to supply 600MW of n-type PV modules.

The German Bundesnetzagentur has published the results of a renewables auction, which saw tenders granted for 264MW of rooftop solar capacity.

Continued growth in rooftop solar and “record-breaking” investment into utility-scale energy storage led renewable energy to fulfil almost 40% of Australia’s electricity supply in 2023.

ACEN will provide BrightNight with resources to fund its buildout in the Philippines and long-term growth in the country.

Research into perovskites, as well as new storage technology, will be supported by Japan’s US$11 billion Climate Transition Bond.

Primergy has secured US$588 million in financing for its 408MWac Ash Creek solar-plus-storage project in the US state of Texas.

The funds will be allocated for solar PV projects in Almeria, Murcia and Granada respectively with all of them under construction.

Solar PV deployments increased by 85% year-on-year in 2023, more than any other renewable technology in a year which saw clean energy deployments curb the rise in carbon emissions.

SMA Solar sold 20.5GW of inverters in 2023, up from 12.2GW in 2022. EBITDA increased to €311 million in 2023 from €70 million in 2022.