Financial & Legal

May 10, 2022
The California Public Utilities Commission (CPUC) has admitted defeat regarding its contentious proposed changes to the state’s net metering laws and has asked for feedback on how a better designed system could work as it seeks to reboot the process.
May 10, 2022
Cero Generation, a solar portfolio company of Macquarie’s Green Investment Group (GIG), has closed financing on its first corporate power purchase agreement (PPA)-enabled agrivoltaic project in Italy.
May 9, 2022
Russia’s invasion of Ukraine was blamed for a collapse in Q1 earnings recorded by independent power producer (IPP) Scatec.
May 9, 2022
US Energy Secretary Jennifer Granholm has raised concerns about the country’s ability to move to a carbon pollution-free power sector by 2035 unless there is a quick resolution to the Department of Commerce’s (DOC) solar tariff investigation.
May 9, 2022
Independent power producer (IPP) Cypress Creek Renewables has closed a US$125 million debt facility to fund the expansion of its solar and storage pipeline.
May 9, 2022
Inverter manufacturer Sungrow has signed a 2GW distribution agreement with Australian distributor Solar Juice.
May 9, 2022
Indian independent power producer (IPP) Azure Power has appointed Harsh Shah as CEO, effective from 1 July, following the resignation of its previous CEO, Ranjit Gupta, last month.
May 6, 2022
Tata Power Solar has landed what it claims to be India’s largest single solar EPC order of 1GW for roughly INR5500 crore (US$715 million) from Indian state-owned utility SJVN Ltd.
May 6, 2022
EDP Renewables (EDPR) added a total of 465MW of wind and solar capacity in Q1 2022, mainly due to its acquisition of Singaporean developer Sunseap, while it recorded a net profit of €66 million (US$69.8 million), up 75% on the previous year. 
May 6, 2022
US residential solar installer SunPower’s backlog soared to a record 13,800 customers entering Q2 2022 with the installer confirming a series of investments it is making to meet surging demand.

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