Financial & Legal

Malaysian clean energy solutions company Gentari has acquired solar developer Wirsol Energy Australia and its assets from Wircon Group.

US-based independent power producer Altus Power has reached financial close on 220MW of solar PV assets representing an investment of approximately US$293 million.

Solar developer Lightsource bp has signed a power purchase agreement (PPA) with fast food giant McDonald’s for a 145MWac/180MWdc PV project in Louisiana.

Solar manufacturer Trina Solar and Qcells parent Hanwha Solutions have reached a patent licensing and transfer agreement with each other over their respective intellectual property and settled their patent dispute, they said in a joint statement.

Guzman Energy has secured a power purchase agreement with renewable energy producer Sonnedix for a 110MW project in the US. 

Residential solar installer SunPower has invested in its California sales and marketing division to ensure that as many customers can apply for favourable net energy metering (NEM) 2.0 rates.

Cloud-based software company Salesforce has committed to purchasing 280,000MWh of renewable energy certificates in emerging markets.

Otovo stopped trading on Euronext Growth Oslo on 13 February and moved to the main list on the following day.

Dan Shreve of Clean Energy Associates discusses five major market trends for the solar and energy storage industries in 2023.

Toyota Tsusho Corporation has announced an 85% stake purchase in SB Energy, the Japanese Solar developer subsidiary of SoftBank Group.