Financial & Legal

Module-level power electronics supplier Tigo Energy has filed an intellectual property infringement lawsuit in the US against inverter manufacturer SMA Solar Technology America.

Trina Solar will build a 71MW floating PV (FPV) project in the Malaysian state of Sarawak after winning a tender held by the state’s utility, Sarawak Energy.

US solar developer Origis Energy has signed a supply agreement for more than 700MW of bifacial PERC PV modules from manufacturer Boviet Solar Technology.

Renewables advisory firm Pexapark has secured €8 million (US$8.08 million) in a second round of Series B funding as it plots further expansion.

Indian solar importers will no longer be permitted to defer payment of the country’s basic customs duty (BCD) following a new order from tax authorities.

A subsidiary of Daqo New Energy is forecasting net profit during H1 2022 to be more than four times higher than the same period last year.

Mitsubishi Corporation has completed the acquisition of remaining shares of renewables trading firm ElectroRoute.

Renewables company Scatec has signed a power purchase agreement (PPA) with alumina supplier Alunorte for its Mendibum solar project in Brazil.

German solar developer and EPC contractor juwi is joining forces with wind project developer Windwärts Energie.

More than 2GW of solar has won contracts in the UK’s latest renewables auction clearing at a strike price of £53.40/MWh (US$64.19/MWh).