A consortium led by Macquarie Asset Management is acquiring French independent power producer (IPP) Reden Solar for an enterprise value of €2.5 billion (US$2.7 billion).
US commercial and industrial (C&I) PV developer DSD Renewables (DSD) has secured a US$200 million preferred equity investment from Ares Management Corporation to increase its growth.
Inverter supplier SMA Solar Technology has lowered its 2021 earnings forecast even further and has warned of additional headwinds this year due to the ongoing global chip shortage.
Norway’s Norfund and UK development finance institution CDC have teamed up to fund 2.4GW of renewable deployment in South Africa through a ZAR600 million (US$39 million) investment in renewables company H1 Capital.
Italy must accelerate the authorisation of new solar projects to reduce the country’s reliance on imports of Russian gas, the president of industry trade association Italia Solare has said.
Vietnam’s near-term renewables outlook will be weighed down by regulatory and operational uncertainties stemming from a lack of clear policy and an “underdeveloped grid capacity”, according to Fitch Solutions’ latest report on the market.
Swiss fund manager SUSI Partners is exploring PV-plus-storage investment opportunities, building on a string of announcements in recent months that have seen it bolster its utility-scale solar position in markets such as Poland and Italy.
As the tragedy of war unfolds in Europe, PV Tech looks at some of the ways it might impact Europe’s power market, European transmission systems and the role of renewables in reducing dependence on dirty fuels.
Falling PV prices and expanded financing options have contributed to a rise in rooftop solar deployment among lower-income households in the US in recent years, a new report from Lawrence Berkeley National Laboratory (Berkeley Lab) has said.
A round-up of the latest news from the US solar market, including BayWa r.e. selling two plants to Eni New Energy US, Birch Creek scaling up its leadership and GSI purchasing 233MW of solar portfolio in five US states.
